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Wells, founder of Wells and Company, and Fargo, a partner in Livingston, Fargo, and Company, and mayor of Buffalo, New York, from 1862 to 1863 and again from 1864 to 1865, were major figures in the young and fiercely competitive express industry.
On March 18, 1852, our founders—Henry Wells and William G. Fargo—built an innovative start-up to help customers build businesses and manage money in a rapidly changing world.
This article outlines the history of Wells Fargo & Company from its merger with Norwest Corporation and beyond. The new company chose to retain the name of " Wells Fargo " and so this article is about the history after the merger.
Henry Wells and William G. Fargo, who founded American Express along with John Butterfield, formed Wells Fargo & Company in 1852 to provide "express" and banking services to California, which was growing rapidly due to the California Gold Rush.
1852: Henry Wells and William G. Fargo form Wells, Fargo & Company to provide express and banking services to California. 1860: Wells Fargo gains control of Overland Mail Company, leading to operation of the western portion of the Pony Express.
In March 1852, Henry Wells and William G. Fargo founded Wells, Fargo & Co. Just like the company in its early years and today, the men who founded it were known for creating innovative solutions to help their customers succeed.
Wells Fargo & Co., Leading U.S. banking and financial services company formerly involved in express transport. Founded in 1852, Wells, Fargo transported gold between the west and east coasts in the wake of the California gold rush.
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