Tyler Brooks
Asa Griggs Candler was a business mogul, philanthropist, and mayor of Atlanta, Georgia, from 1916 to 1919. He is best known for founding the Coca-Cola Company and turning it into a world-renowned beverage brand. Candler was also a successful real estate developer, banker, and manufacturer of patent medicines. He was noted for his selflessness, humility, and generous donations to Emory University and various other projects. Candler's legacy is still remembered and commemorated in Atlanta through the Candler Building, Candler Field Museum, and Candler Park, among other landmarks.
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What You'll Learn
Asa Candler's philanthropy
Asa Griggs Candler, born in 1851, was the founder of the Coca-Cola Company and a prominent philanthropist. He was also a banker and real estate developer, and his business ventures made him one of the richest men of his time.
Candler's philanthropy was driven by his belief that his personal wealth was a "divine trust to be used to the benefit of humanity". He was a well-known philanthropist who supported numerous educational and medical institutions. One of his most significant contributions was to Emory University, where he donated a total of $7 million, including a personal check for $1 million to establish the university in Atlanta as a Methodist institution. Over his lifetime, his gifts to the university totalled about $8 million, and the Candler School of Theology at Emory was named in honour of the Candler brothers.
In addition to his support for Emory University, Candler also made donations to other educational institutions and universities. He was also involved in various philanthropic ventures with his brother, Warren Akin Candler, including the establishment of Wesley Memorial Hospital, now known as Emory University Hospital. The hospital is considered one of the ten best hospitals in America. Candler also founded the Coca-Cola Scholars Foundation, a nonprofit organisation that provides scholarships to students based on leadership, academic achievement, and character.
Candler's philanthropy extended beyond education and healthcare. He also made large personal loans to develop the water and sewage facilities in Atlanta, providing the necessary infrastructure for a modern city. Furthermore, he was elected mayor of Atlanta in 1916 and served until 1919. During his tenure, he balanced the city budget and coordinated rebuilding efforts after the Great Atlanta fire of 1917, which destroyed 1,500 homes. Candler's wealth and position allowed him to have a significant impact on the city of Atlanta and its development.
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Asa Candler's career in real estate
Asa Griggs Candler, founder of the Coca-Cola Company, was also a banker and real estate developer. He was born in Carroll County in 1851 and was one of eleven children of a prosperous merchant and planter.
Candler diversified his interests by investing in real estate and banking. He developed the Druid Hills neighbourhood on the outskirts of Atlanta and organised the Central Bank and Trust Company. To house the bank and the headquarters of the Coca-Cola Company, he erected the Candler Building, which was the tallest building in Atlanta when it opened in 1906.
Candler's great-grandson, Asa Candler V, has also pursued a career in real estate. He inherited his famous forefather's passion for real estate, but his companies have faced financial struggles, losing about $37.5 million in real estate to foreclosure during the Great Recession.
In addition to his business pursuits, Asa Griggs Candler was also known for his philanthropy. He made significant donations to various projects, particularly those sponsored by his Methodist denomination. His most well-known act of philanthropy was a personal check for $1 million, donated to establish Emory University in Atlanta as a Methodist institution. Over his lifetime, his gifts to the university totalled approximately $8 million, and the Candler School of Theology at Emory was named in honour of the Candler brothers.
Asa Candler Jr., the son of Asa Griggs Candler, was also a prominent figure in real estate. According to his obituary, he owned 33 apartment buildings and several hotels throughout his life. He was one of the original fundraising and real estate advisors for the Shriners' Yaarab Temple, which eventually became the Fox Theater. He also owned land that he sold to the government to expand Camp Gordon during World War I.
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Asa Candler's time as mayor of Atlanta
Asa Griggs Candler, founder of the Coca-Cola Company, was a successful businessman, philanthropist, and reform mayor of Atlanta. He was born in 1851 in Carroll County, Georgia, and was one of eleven children. Before founding the Coca-Cola Company in 1892, Candler worked as a pharmacist in Atlanta, where he bought the recipe for Coca-Cola from John Stith Pemberton in 1888.
In 1916, Candler was elected mayor of Atlanta, taking office in 1917. One of his primary goals as mayor was to address Atlanta's financial chaos and balance the city's budget. During his time in office, he also coordinated rebuilding efforts after the Great Atlanta Fire of 1917, which destroyed 1,500 homes. Candler made personal loans to develop the city's water and sewage facilities, ensuring Atlanta had the infrastructure of a modern city.
Additionally, Candler was a philanthropist, donating significant sums to educational institutions and hospitals. He gave a total of $7 million to Emory University, including funding to relocate the university from Oxford, Georgia, to Atlanta. Candler also donated over 50 acres of his Druid Hills holdings to the City of Atlanta, which became Candler Park. His philanthropy extended to other projects sponsored by his Methodist denomination, and he frequently donated to causes advised by his younger brother, a Methodist bishop.
Candler's time as mayor of Atlanta was marked by his business acumen, philanthropic endeavours, and dedication to improving the city's infrastructure. He is remembered as a significant figure in Atlanta's history, and his legacy can still be seen in the city today.
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Asa Candler's purchase of Coca-Cola
Asa Griggs Candler was a banker, real estate developer, philanthropist, and the founder of the Coca-Cola Company. He was born in 1851 in Carroll County, Georgia, and was one of eleven children. Before purchasing Coca-Cola, Candler worked as a prescriptionist and went into the pharmacy business in Atlanta. He became a successful manufacturer of patent medicines.
In 1888, Candler met John Stith Pemberton, who had developed a sweet, carbonated drink called Coca-Cola. Intrigued by the drink, Candler bought the recipe from Pemberton for a rumoured price of $2,300. The drink was derived from brewed coca leaves, caffeine, carbonated water, and sugar. Candler founded the Coca-Cola Company in 1892 and trademarked the brand the following year. By 1895, the company was distributing Coca-Cola nationwide in the United States.
Candler was a savvy businessman who utilized innovative advertising and distribution methods to market Coca-Cola as a soft drink. He also developed the famous "$1 contract", where he sold the rights to bottle Coca-Cola in the US for just one dollar. To accommodate the growing demand for Coca-Cola, Candler built new headquarters in 1898 dedicated exclusively to syrup production and business management. In 1899, large-scale bottling became possible when Benjamin F. Thomas and Joseph B. Whitehead secured the exclusive rights to bottle and sell Coca-Cola in most of the United States.
In addition to his business ventures, Candler was also a philanthropist. He donated significant sums of money to various projects, particularly those sponsored by his Methodist denomination. His most well-known act of philanthropy was a $1 million personal check donated to establish Emory University in Atlanta as a Methodist institution. Over his lifetime, his gifts to the university totalled approximately $8 million.
In summary, Asa Candler's purchase of Coca-Cola was a pivotal moment in the history of the beverage company. His business acumen, innovative marketing strategies, and distribution methods transformed Coca-Cola into a nationwide brand. Additionally, his philanthropic endeavours, particularly his support for Emory University, have left a lasting legacy.
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Asa Candler's personal life
Asa Griggs Candler, born on December 30, 1851, in Villa Rica, Georgia, was an American business tycoon and politician. He was one of eleven children of a prosperous merchant and planter, Samuel Charles Candler, and his mother, Martha. He was raised with a strong work ethic and religious beliefs.
Candler married Lucy Elizabeth Howard, with whom he had four sons and a daughter. His oldest son, Charles Howard Candler, was chairman of the board of trustees of Emory University. His second son, Asa Griggs Candler Jr., was eccentric, alcoholic, and depressed, and became a successful real-estate developer, opening the Briarcliff Hotel. Asa Jr. was also responsible for reshaping Westview Cemetery and building its massive Spanish Plateresque abbey. Asa's only daughter, Lucy, married a banker who was shot by a burglar in their mansion in 1943. His third son, Walter T. Candler, was a businessman, philanthropist, and horse sportsman. His youngest son, William Candler, was the local financier of the Atlanta Biltmore Hotel and Biltmore Apartments and was elected president of the Biltmore Corporation in 1930.
In 1910, Candler moved from the fashionable Inman Park neighborhood to a farmhouse on Briarcliff Farm. He began plans to turn the farm into an estate with a mansion, which was built between 1920 and 1922. In 1925, Candler had the mansion enlarged, including the addition of a 1,700 square feet music room with a cathedral-sized Aeolian organ.
In the last decade of his life, the widowed Candler became engaged to a New Orleans socialite, but the engagement was broken, and she sued him for breach of promise. In 1922, he sold the Central Bank and Trust. The following year, he married Mae Little Ragin, a widowed public stenographer with twin daughters. The marriage was unhappy, and Candler filed for divorce in 1924 but later dropped the suit. In 1926, he suffered a disabling stroke and died in 1929.
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Frequently asked questions
Asa Griggs Candler was a business mogul, philanthropist, and mayor of Atlanta, Georgia, from 1916 to 1919. He was the founder of the Coca-Cola Company and made most of his wealth from the soft drink.
Asa Candler played a pivotal role in rebuilding 1,500 homes after the Great Atlanta Fire in 1917. He also made large personal loans to develop the water and sewage facilities of the city. He donated over 50 acres of land to the City of Atlanta, which was later named Candler Park.
Asa Candler is remembered for his selflessness and humility. He is also remembered for his role in making Coca-Cola a world-renowned beverage.
Asa Candler was a successful real estate developer. He developed the Druid Hills neighbourhood on the outskirts of Atlanta and built the Candler Building, which was the tallest building in Atlanta when it opened in 1906. He was also a banker, establishing the Central Bank and Trust Corporation.
