Almerindo Portfolio
Encyclopedia
Almerindo Portfolio was treasurer
of New York City
under Mayor Fiorello LaGuardia. An immigrant from Italy in 1900. In 1908 he legally changed his name from Almerindo Porfilio.
Portfolio rose from a $2-a-week messenger to the presidency of the Bank of Sicily and the head of a cloak & suit concern, which in 1924 he gave to six employees. He also worked as a newspaper publisher, commodity trader, and investment banker.
Between 1917 and 1919 he paid 300,000 Lira ($1.5 million in 2006 US dollars) to install the first electric service in his home town of Schiavi di Abruzzo
, Italy. He later gave 50,000 Lira ($255,000 in 2006 US dollars) for the town's water utilities.
In 1940 Portfolio was a delegate to the Republican National Convention
. In 1945 he was a member of a joint committee of influential Italian Americans promoting Allied status for Italy in World War II.
Portfolio died on January 25, 1966 at the age of 88, in Gabriels
, in upstate New York, at a tuberculosis
cure facility.
Treasurer
A treasurer is the person responsible for running the treasury of an organization. The adjective for a treasurer is normally "tresorial". The adjective "treasurial" normally means pertaining to a treasury, rather than the treasurer.-Government:...
of New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
under Mayor Fiorello LaGuardia. An immigrant from Italy in 1900. In 1908 he legally changed his name from Almerindo Porfilio.
Portfolio rose from a $2-a-week messenger to the presidency of the Bank of Sicily and the head of a cloak & suit concern, which in 1924 he gave to six employees. He also worked as a newspaper publisher, commodity trader, and investment banker.
Between 1917 and 1919 he paid 300,000 Lira ($1.5 million in 2006 US dollars) to install the first electric service in his home town of Schiavi di Abruzzo
Schiavi di Abruzzo
Schiavi di Abruzzo is a typical hill town in the Apennine Mountains,in central part of the Italian Peninsula, in Italy.It is in the Chieti province, in the southern most portion of the Abruzzo region,on border with the Molise region....
, Italy. He later gave 50,000 Lira ($255,000 in 2006 US dollars) for the town's water utilities.
In 1940 Portfolio was a delegate to the Republican National Convention
Republican National Convention
The Republican National Convention is the presidential nominating convention of the Republican Party of the United States. Convened by the Republican National Committee, the stated purpose of the convocation is to nominate an official candidate in an upcoming U.S...
. In 1945 he was a member of a joint committee of influential Italian Americans promoting Allied status for Italy in World War II.
Portfolio died on January 25, 1966 at the age of 88, in Gabriels
Gabriels, New York
Gabriels is a hamlet in the Town of Brighton in Franklin County, New York inside the Adirondack Park near Paul Smiths, New York. The village grew up around a cure facility for tuberculosis,The Gabriels Sanatorium, opened in 1897 by the Catholic Sisters of Mercy. The land was donated by Paul Smith...
, in upstate New York, at a tuberculosis
Tuberculosis
Tuberculosis, MTB, or TB is a common, and in many cases lethal, infectious disease caused by various strains of mycobacteria, usually Mycobacterium tuberculosis. Tuberculosis usually attacks the lungs but can also affect other parts of the body...
cure facility.