James Stanley Freeman known as "Big Jim", was an Alabama millionaire in the early 20th century and one of the first Americans to amount a fortune through Wall Street

Wall Street

Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...

 investments.

He was famous for making and losing over a million dollars twice before 1900. Freeman retired as one of the wealthiest men in the Southern United States

Southern United States

The Southern United States—commonly referred to as the American South, Dixie, or simply the South—constitutes a large distinctive area in the southeastern and south-central United States...

. He and his wife, Willie Lee Shepherd, had one son, James Shepherd Freeman

James Shepherd Freeman

James Shepherd Freeman was a World War II Rear Admiral in the United States Navy and the son of Alabama millionaire James Stanley Freeman....

, a famous World War II

World War II

World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

 Admiral. His grandson was James Shepherd Freeman Jr.