Peter Folger
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Peter Folger (December 26, 1905 – August 27, 1980) was an American coffee
Early life
Born and raised in California to James Athern Folger Jr. and Clara Eugenia Luning, Folger studied business and graduated from Yale University where he was an athlete on their football, track and field, and polo teams. Peter Folger later served in World War II as a Marine Major.
Business
In 1963, after having helped to build the family firm into the third largest coffee wholesaler in the United States, Folger sold the company to Procter & Gamble for 1,650,000 shares of P&G common stock. However, he and the Folger family continued to operate Folgers as a P&G subsidiary.
Personal life
He married twice, first to Inés Mejía (1907–2007), the daughter of Encarnacion Mejía, the
On June 30, 1960, Peter married his secretary Beverly Mater (b. 1935). They had one daughter together, Elizabeth, in January 1961. Peter and Beverly lived with their daughter at the Folger mansion located in Woodside, California until 1974 when they moved to a newly built home on Roberta Drive. The murder of his eldest daughter, Abigail Anne, in Los Angeles, California, on August 9, 1969, was said to have lessened Peter's desire to continue living at the Woodside estate, where she grew up.[1]
Death
Folger died from prostate cancer at his home in Woodside, California, at the age of 74 on August 27, 1980, and was buried in the Folger family plot at Mountain View Cemetery, in Oakland, California. He was survived by his wife, Beverly, who did not remarry.[citation needed]
References
- ^ Simon, Mark (April 25, 1996). "PENINSULA INSIDER -- Folger Estate Up for Sale In Woodside / Atari founder asking $8.9 million for it". SFGate.