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Kenosha, Wisconsin

Charles Williams Nash

Nash Motors founder and Kenosha industrialist (not born in Kenosha; Cortland, Illinois origin)

Net worth

$43 million

1949

About

Charles Williams Nash was the orphan who rose to president of General Motors, walked away from a million-dollar salary, and then bought Kenosha’s Jeffery plant to put his own name on the hubcaps.

He is a Kenosha industrialist by adult life, not by birth.

He was born in Cortland, Illinois, on January 28, 1864. Indentured to a Michigan farmer after his parents split, he ran away at twelve, learned carpentry, and later stuffed cushions for a dollar a day at Billy Durant’s carriage works in Flint. He rose to the GM presidency, then quit when Durant recaptured the company, saying a million dollars a year was “more than a man’s worth.” In August 1916 he put five hundred thousand dollars down for the Thomas B. Jeffery Company of Kenosha—Ramblers, a lakefront plant, and a house at 6221 Third Avenue thrown in with the deal—and in 1917 the first Nash rolled out of the old Rambler works.

He kept the books tight and the slogan simpler: “Give the customer more than he has paid for.” World War I briefly made him the world’s largest truck builder, with 11,490 four-wheel-drive Quads for the Army in 1918. By the late 1920s Nash was a top-selling independent employing thousands in a city that would remain an AMC town long after he was gone. He lived on Third Avenue until about 1935, merged with Kelvinator in 1937, handed the wheel to George Mason, deeded the house toward Kemper Hall in 1938, and died in Beverly Hills on June 6, 1948. The jobs stayed until Chrysler wound the Kenosha plant down decades later.

Notable facts

  • In 1916 he bought the Thomas B. Jeffery Company in Kenosha and launched Nash Motors; the first Nash rolled out of the old Rambler works in 1917.

  • He lived at 6221 Third Avenue in Kenosha until about 1935 and deeded the Jeffery house toward Kemper Hall in 1938.

  • In 1918 Nash built 11,490 four-wheel-drive Quad trucks for the Army, briefly making the firm the world’s largest truck builder.

What questions can this profile answer

What makes Charles Williams Nash notable?
Charles Williams Nash was the orphan who rose to president of General Motors, walked away from a million-dollar salary, and then bought Kenosha’s Jeffery plant to put his own name on the hubcaps. He is a Kenosha industrialist by adult life, not by birth.
What is Charles Williams Nash's estimated net worth?
Charles Williams Nash's estimated net worth is $43 million as of 1949.

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