Fernando Mateo - Capitalist

Capitalist

Dropping out of Seward Park High School at the age of 15-due to what he described as an inhospitable learning environment-he began what would become an extremely prosperous entrepreneurial career, opening his first store at the age of 17. In addition to working as a successful contractor, Mateo established Carpet Fashions Inc., a carpet-furnishing franchise located in lower Manhattan, which generated a multi-million dollar business throughout the borough.

Mateo, in addition to selling his wares to affluent upper West Siders, also marketed his product to those New Yorkers who lived in tenements and high-rise apartments, most of which had unfurnished floors.

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