Early Life
Raskob was born to John and Anna Frances (Moran) Raskob in Lockport, New York, where his father ran a successful cigar-production business. The Raskob family originated in the Eifel region in Germany; John J. Raskob's grandfather was an immigrant from the Eifel village Großlittgen. During his studies at both parochial and public schools, Raskob delivered newspapers, worked in seasonal agriculture, participated in local theater, and was involved in the Catholic community. He entered a local business school after his high school graduation but dropped out to support his family through secretarial work following his father's death in 1898.
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