Austin “Cap” Lathrop, widely known as “Alaska’s first home-grown millionaire,” established his presence in the territory of Alaska when he purchased the steamship, L.J. Perry. He would use that vessel to transport goods to Alaska first, then, after the Gold Rush began, prospectors and the goods they needed. He made his home in Valdez and […]
Austin “Cap” Lathrop, long called Alaska’s first millionaire, spent over five decades in Alaska after purchasing a steamboat and moving to Alaska in the mid-1890s. He made his fortune through investments in Alaska. It was on July 26th, 1950 that the aged Lathrop was crushed when, at 84, he fell beneath the wheels of a […]
