Jesse Livermore Birthday Highlights
Birth Name Jesse Livermore
Place Of Birth Shrewsbury, USA Age 53 years old
Birth Date January 1 1970
Jesse Livermore Facts
Child Star? no Occupation Stock Market Trader Education & Qualifications
Net Worth $100,000,000
Current Partner Harriet Metz Noble Children Jesse Livermore Jr., Paul Livermore Parents Hiram Brooks Livermore, Laura Esther Livermore Siblings Mabel Loraine Blethen, Elliot Livermore
About Jesse Livermore Born in Shrewsbury, Massachusetts, Jesse Livermore was an American stock market trader.Jesse Livermore was also known as ‘The Wolf Of Wall Street’, ‘Boy Plunger’, and ‘The Great Bear Of Wall Street’. He used technical analysis and financial statements to become one of the wealthiest persons in the world for a while.Jesse Livermore had made some legendary moves in the stock market that helped him become an icon. He traded using short positions right before the Wall Street crash of 1929 and the San Francisco earthquake of 1906. During his late career, he wrote a book titled ‘How To Trade In Stocks’. However, after his death, he is known to have had more liabilities than assets. He came from a family of farmers to become one of the most outstanding stock traders in the world.Jesse Livermore’s Net Worth, Earnings & Spending HabitsWhat was Jesse Livermore’s net worth?Jesse Livermore had a massive net worth of $100 million at the time of his death on November 28, 1940.How much did Jesse Livermore earn per year?The primary source of income for Jesse Livermore was his career as a stock market trader. However, his average annual income is not known in the public database.Height, Age & Physical AttributesHow tall was Jesse Livermore?The height of Jesse Livermore is unknown in the media.How old was Jesse Livermore?Born on July 26, 1877, Jesse Livermore was 63 years old when he died on November 28, 1940.Childhood And EducationJesse Lauriston Livermore was born in Shrewsbury, Massachusetts, to parents Hiram Brooks Livermore and Laura Esther Livermore. He had two siblings, a sister named Mabel Loraine Blethen and a brother called Elliot Livermore. He was the youngest of his siblings. His father was a farmer, and his mother was a homemaker.Jesse Livermore was raised in Acton. He held high intellect as a child. He showed excellence in mental mathematics, numbers, and general calculations. He had completed his entire mathematics syllabus within a span of one year. By the time he was 15, his father had dropped him out of school to employ him for fieldwork. However, his mother sent him away from home with just $5. He dropped off at Paine Webber, where he earned a job as a board boy that gave him $5 per week to sustain his living.Family, Romance, And RelationshipsWho was Jesse Livermore’s partner?Jesse Livermore was married to Harriet Metz Noble from 1933 until the time of his death in 1940. Harriet Metz Noble was a singer and a socialite when he met her. He was her fifth husband. Harriet Metz Noble’s former husband, Warren Noble, had died during the 1929 crash of Wall Street.Previously, Jesse Livermore was married to Nettie Jordon for less than a year. Nettie Jordon was his first wife. Their relationship was strained due to some bad trades made by Jesse Livermore. He was then married to Dorothy Fox Wendt. He had two sons with Dorothy, namely Jesse Livermore Jr. and Paul Livermore. Their divorce was a hard one where Dorothy Fox sold Jesse Livermore’s $3.5 million house for $222,000, retained the custody of his sons, and received a $10 million settlement.Career And Professional HighlightsBest Known For…As Jesse Livermore moved to Paine Webber, he worked as a board boy to post stock quotes at a Boston brokerage firm, where he earned about $5 a week. Within a year, he placed his first bet at a bucket shop in Chicago, Burlington, and Quincy Railroad. He put a $5 bet on the bucket shop earning $3.12 from the bet.By 1894, Jesse Livermore started earning in the range of $200 per week, working as a trader in the bucket shops of Boston while retaining his job at Paine Webber. He quit his job soon to become a full-time stock trader by the age of 16. Within almost three years of his starting as a stock trader, he had a 1000% return earning $10,000 in profits. After being banned by bucket shops, he joined Haight & Freese as a trader and remained with the bucket shop for about a year.Jesse Livermore moved to New York on September 14, 1900, when he was 23 years old. He arrived in New York during the time of bull market scenes. He started to trade stocks at Harris, Hutton & Company, where he successfully converted $10,000 to $50,000 in five days. By May 1901, he anticipated a short losing 400% of all his stakes, forcing him to move to St. Louis and return to work for bucket shops.At the age of 24, Jesse Livermore bought the Northern Pacific Railway stock and converted $10,000 to $500,000. To celebrate the victory, he went on vacation in Florida, where he met the American businessman Thomas W. Lawson and anticipated a short position at the Union Pacific Railroad. He received a $250,000 profit from the short. By 1907, he made a profit of $1 million in a single day during the Panic-ridden stock market. During this time, his mentor was the legendary JP Morgan, who instructed him not to short any more. He then went on a rebound and earned $3 million. With the money he earned, he bought a $200,000 yacht, an apartment, and a rail car, on the Upper West Side of New York.By 1915, Jesse Livermore filed for bankruptcy twice while trading in cotton under the instruction of his friend Teddy Price, with a debt of over $1 million. He was back on Wall Street when he used 500 shares offered to him ludicrously.Jesse Livermore started cornering the cotton market following World War I, but President Woodrow Wilson intervened. He decided to sell back cotton to control the abnormal rise in its price. By 1925, this stock trader started using market manipulation tactics to endow in trading wheat and corn, making $10 million in profits.Jesse Livermore started using short trades, and his first short was the American company Piggly Wiggly. He used over 100 stockbrokers to short huge positions and to hide what he was doing. As a result, he suffered about $6 million in debt on papers. But the Wall Street crash of 1929 saved him, helping him bounce back to $100 million of net worth. He earned the name ‘Great Bear Of Wall Street’.By 1934, Jesse Livermore’s mental health started declining, and his trading got severely affected when the US Securities and Exchange Commission imposed a new set of trading rules. He soon filed for bankruptcy for the third time in 1934, where he was known to be having about $84,000 worth of assets and $2.5 million worth of liabilities. At the same time, he was suspended by the Chicago Board of Trade. He went on to pay off his trading bill of $84,000 in 1937.Two years later, Jesse Livermore opened a technical analysis system for his financial advisory business. However, his debts overrode his assets, and he could not pay off his loans. Around the same year, his son Jesse Livermore Jr. suggested he publish a book bestowing his knowledge as a stock market trader. He went on to write and publish the book ‘How To Trade In Stocks’ in 1940. The book, however, failed to make an impact due to the World War II being in effect.Plunging into depression, Jesse Livermore died on November 28, 1940, addressing a note to his then-wife. His note consisted of eight small handwritten pages in his small leather-bound personal notebook.During his impactful life, Jesse Livermore traded stocks and analyzed stock prices on his own without the help of any external factors. He never used someone else’s capital for trading, making him a great trader. One of the most highlighting aspects of his life was that he liked to invest in stocks that were moving in a trend. He absolutely avoided ranging markets and waited to see the pivotal points of a stock. Several books have been published under the name of Jesse Livermore. In 1985, Paul Sarnoff released ‘Speculator King’ based on the trading lessons by Jesse Livermore. In 2001, Richard Smitten wrote the book ‘The World’s Greatest Stock Trader’ in his life. In 2003, Dickinson G. Watts wrote ‘Speculation As A Fine Art’ based on the speculative works of Jesse Livermore.In 2004, Richard Smitten again wrote and published ‘Trade Like Jesse Livermore’. In the same year, the author John Boik wrote his book ‘Lessons From The Greatest Stock Traders Of All Time’, which was inclusive of the works done by the great Jesse Livermore. In 2005, John Boik again wrote a book titled ‘How Legendary Traders Made Millions’ that took an introspective into the trading process taken by Jesse Livermore and other stock traders. In 2007, Andras Nagy dedicated a book to Jesse Livermore titled ‘The Secret Of Livermore: Analyzing The Market Key System’. The most recent book with Jesse Livermore’s name on it was published in 2014 by Tom Rubython and was titled ‘Jesse Livermore - Boy Plunger’.Jesse Livermore’s Hobbies And InterestsJesse Livermore loved fishing. He was known to have caught a 436 lb (197.8 kg) swordfish in 1937.Other Interesting Jesse Livermore Facts And TriviaJesse Livermore had learned to read and write by the age of three.Jesse Livermore’s wife, Harriet Metz Noble, was from an Omaha family who was known to have made a fortune in breweries at that time.Jesse Livermore bought a $1,000 house for his mother at the mere age of 17.In 1923, Edwin Lefevre created a character Laurie Livingston inspired by Jesse Livermore, to write his book titled ‘Reminiscence Of A Stock Operator’.Jesse Livermore is said to have influenced the ‘Trader’s Bible’ on Wall Street.Tracey Lynn Livermore is Jesse Livermore’s great grand-daughter.One of Jesse Livermore’s favorite books was the Charles Mackay 1841 publication of the ‘Extraordinary Popular Delusions And The Madness Of Crowds’.The American businessman and financier Bernard Baruch was a close friend and a stock trader who also followed the same book as that of Jesse Livermore.During the 1929 Wall Street crash, Jesse Livermore had to hire bodyguards to keep him safe from death threats from people accusing him of causing the crash.We would love your help! If you have a photo of Jesse Livermore, either of them alone or a selfie that you would be happy to share, please send it to [email protected].If you have knowledge or information that you think would help us improve this article, please contact us.
Jesse Livermore Birthday Highlights
Birth Name Jesse Livermore
Place Of Birth Shrewsbury, USA Age 53 years old
Birth Date January 1 1970
Jesse Livermore Facts
Child Star? no Occupation Stock Market Trader Education & Qualifications
Net Worth $100,000,000
Current Partner Harriet Metz Noble Children Jesse Livermore Jr., Paul Livermore Parents Hiram Brooks Livermore, Laura Esther Livermore Siblings Mabel Loraine Blethen, Elliot Livermore
Born in Shrewsbury, Massachusetts, Jesse Livermore was an American stock market trader.
Jesse Livermore Birthday Highlights
Birth Name Jesse Livermore
Place Of Birth Shrewsbury, USA Age 53 years old
Birth Date January 1 1970
Jesse Livermore Birthday Highlights
Birth Name Jesse Livermore
Place Of Birth Shrewsbury, USA Age 53 years old
Birth Date January 1 1970
Birth Name Jesse Livermore
Place Of Birth Shrewsbury, USA Age 53 years old
Birth Date January 1 1970
Birth Name Jesse Livermore
Place Of Birth Shrewsbury, USA Age 53 years old
Birth Date January 1 1970
Jesse Livermore Facts
Child Star? no Occupation Stock Market Trader Education & Qualifications
Net Worth $100,000,000
Current Partner Harriet Metz Noble Children Jesse Livermore Jr., Paul Livermore Parents Hiram Brooks Livermore, Laura Esther Livermore Siblings Mabel Loraine Blethen, Elliot Livermore
Jesse Livermore Facts
Child Star? no Occupation Stock Market Trader Education & Qualifications
Net Worth $100,000,000
Current Partner Harriet Metz Noble Children Jesse Livermore Jr., Paul Livermore Parents Hiram Brooks Livermore, Laura Esther Livermore Siblings Mabel Loraine Blethen, Elliot Livermore
Child Star? no Occupation Stock Market Trader Education & Qualifications
Net Worth $100,000,000
Current Partner Harriet Metz Noble Children Jesse Livermore Jr., Paul Livermore Parents Hiram Brooks Livermore, Laura Esther Livermore Siblings Mabel Loraine Blethen, Elliot Livermore
Child Star? no Occupation Stock Market Trader Education & Qualifications
Net Worth $100,000,000
Current Partner Harriet Metz Noble Children Jesse Livermore Jr., Paul Livermore Parents Hiram Brooks Livermore, Laura Esther Livermore Siblings Mabel Loraine Blethen, Elliot Livermore
