This Day in History

In 1852, Henry Wells and William Fargo founded Wells Fargo & Company, a shipping and banking enterprise, in San Francisco during the California Gold Rush. Initially operating as a delivery and banking service, Wells Fargo quickly expanded its services to meet the growing needs of the booming West Coast economy. Their innovative approach to transportation and banking played a pivotal role in facilitating commerce and trade across the American West during the 19th century.