Early Life and Education
Born in Oneonta, New York, Sherman Fairchild was the only child of George Winthrop Fairchild (1854–1924) and Josephine Mills Sherman (1859–1924). His father was a Republican Congressman as well as a co-founder and the first Chairman of IBM. His mother was the daughter of William Sherman, of Davenport, Iowa.
His father died on December 31, 1924, and as an only child he inherited his father's multi-million-dollar estate. He also inherited his father's IBM stock, becoming IBM's largest individual stockholder until his death in 1971.
Known to be a particularly bright and naturally inquisitive child, Sherman Fairchild matriculated at Harvard University in 1915 where, in his freshman year, he invented the first synchronized camera shutter and flash. During these college years he also contracted tuberculosis and under the advice of his physician, moved to Arizona to recover in the drier climate. He then transferred to the University of Arizona, where he became increasingly interested in photography. He would later transfer to Columbia University in New York. Due to his ongoing medical problems, Fairchild did not earn a degree from any of these schools. Instead he pursued his desire to become an entrepreneur.
Having never been married or having any children, he spent his time exploring a variety of interests. Aside from maintaining his companies, he enjoyed architecture, cooking, jazz, dancing, philosophy, and tennis. He always kept an eye out for opportunities to create or improve upon existing technology or capabilities.
Read more about this topic: Sherman Fairchild
Famous quotes containing the words early life, early, life and/or education:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)
“Love is the hardest thing in the world to write about. So simple. You’ve got to catch it through details, like the early morning sunlight hitting the gray tin of the rain spout in front of her house. The ringing of a telephone that sounds like Beethoven’s “Pastoral.” A letter scribbled on her office stationery that you carry around in your pocket because it smells of all the lilacs in Ohio.”
—Billy Wilder (b. 1906)
“Do not be too moral. You may cheat yourself out of much life so. Aim above morality.”
—Henry David Thoreau (1817–1862)
“Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and Determination alone are omnipotent. The slogan “Press On”, has solved and will always solve the problems of the human race.”
—Calvin Coolidge (1872–1933)