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John Hancock

Former President of the Continental Congress
John Hancock’s profile picture
Net worth 2018: $1.29 Billion
Residence: Quincy, Province of Massachusetts Bay
Country: United States
BirthDay: 23 January 1737
Sigh: Aquarius
Died On: October 8, 1793
Education: Boston Latin School, Harvard College
BIOGRAPHY

John Hancock was bornon 23 January 1737 in Quincy, Province of Massachusetts Bay, American, is Former President of the Continental Congress. The first signatory to affix his signature on the U.S. Declaration of Independence, John Hancock was a prosperous merchant cum politician. He was one of the leading figures of the American Revolution who even spent his personal wealth for the Independence movement. Orphaned at an early age, he was adopted by a wealthy childless relative who passed on his vast business to Hancock on a later date. The young businessman met the influential politician Samuel Adams whose patriotic views kindled his interests in politics. He became actively involved in politics when the British government passed the Stamp Act that imposed a tax on the British American colonies causing uproar of disapproval from the colonists. The policies of the British were not only against patriotic sentiments, but also placed several hurdles in transacting business deals. His acquaintance with Samuel Adams proved beneficial and he was elected to the Massachusetts House of Representatives. Later on he became a member of the Provincial Congress and served on the Committee of Safety. He was elected president of the Continental Congress because of his experience and high social status, and owing to his position, he was the first one to sign the U.S. Declaration of Independence. He is remembered for the large and stylish signature he affixed on the document.

NET WORTH STATISTIC
2018

$1.29 Billion

TIMELINE
1785

He served in this position till 1785 when he resigned because of poor health

1780

In 1780, he was appointed the Governor of Massachusetts

1777

Taking a leave of absence from the Congress in 1777, he returned to Boston where he was re-elected to the House of Representatives

1776

After the Declaration of Independence was approved on 4 July 1776, John Hancock, being the president of the Continental Congress, was the first one to sign the document on 2 August 1776

1775

He was elected as the president of the Continental Congress in 1775

1774

The Massachusetts Provincial Congress was formed in 1774 and Hancock was made its president

1773

When the British passed the Tea Act in 1773, the Bostonians’ resistance led to what became known as the ‘Boston Tea Party’

1770

The Boston Massacre happened in March 1770 in which British soldiers killed five civilians

1768

Hancock’s sloop ‘Liberty’ was confiscated by British officials in 1768 on the suspicion that he was using it to transport smuggled goods

1767

The British passed the Townshend Acts in 1767 which placed several restrictions on import-export trade

1766

In 1766, he was elected to the Massachusetts House of Representatives

1765

He was chosen as one of Boston’s five selectmen in 1765

1764

The British parliament passed the Sugar Act in 1764 which caused resistance among the colonists

1763

He became a full partner in his uncle’s business in 1763, and inherited the business and vast estates after the death of his uncle in 1764, becoming one of the richest men in the colonies

1760

After staying in England during 1760-61 to establish relations with suppliers and customers in order to develop his business, he returned to Boston

1754

After that he went to Harvard College and earned his Bachelor’s degree in 1754

1750

He studied at the Boston Latin School and graduated in 1750

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