Sam Branna: one of business man successful in California

To Califonia: 1846 arrived to San Francisco in period of Gold Rush.

1848, running only store in between San Francisco and the gold fields
Open more stores
See the gap in the market.
The fact he capitalized on by buying up all the picks, shovels and pans he could
find, and then ran up and down the streets of San Francisco, shouting "Gold! Gold
on the American River!" He has no intension of digging for gold, having conner
the market, earn a alot more gold than the person dig gold. He kennly the law of
supply and demand. He paid 20 cents each for the pans, then sold them for $15 a
piece. In nine weeks, he made $36,000.
The first milionnare in gold rush in San Francico.
Problem with his heath
Alcohol lead him down fall. Samuel Brannan died alone, homeless and penniless
on 1889 in California