Hershey has long experienced strong revenue growth during economic downturns. Consumers tend to reduce spending in most areas while indulging in small luxury purchases like lipstick or Hershey chocolate bars.
The company produces various salty snacks and has recently invested in plant-based chocolate alternatives, further cementing its position as a responsible business in the eyes of customers, lenders, and investors.
Early Life and Education
Milton Hershey was an exemplary businessman who founded Hershey Chocolate Company – now one of America’s best-known candy manufacturers – and generous philanthropist who gave away large sums to better people’s lives around him.
Hershey established many landmark buildings and institutions that remain active today, such as Hershey Museum, Hershey Theatre, Hershey Community Building, and Hershey Gardens. Furthermore, he donated funds towards education and public amenities.
In 1909, Hershey founded the Hershey Industrial School for orphaned boys and donated much of his estate, including Hershey Chocolate Company stock shares, to this institution. His goal was to give children the best chance in life; he truly was an impressive individual who showed that hard work pays off.
Milton Hershey overcame his lack of formal education to establish one of the largest chocolate manufacturers worldwide: Hershey Company. This achievement stands as proof of his values of compassion, selflessness and purpose which were central in his life journey.
He was an indefatigable businessman, unwilling to give up. He spent much of his life exploring new ideas. A brilliant innovator, he learned from his errors while giving back to the community using his wealth.
He contributed significantly to charitable organizations through his foundation, particularly Hershey Industrial School for boys – one of his major contributions. Additionally, he gave his time generously toward charity projects; rolling chocolate bar wrappers over so they advertised his name was one of these initiatives.
Achievement and Honors
Hershey used his success to give back to the community of Hershey, Pennsylvania. He contributed money towards beautifying the town and building an orphanage that provided home, food, education and strong character formation to young boys. Furthermore, Hershey helped support US troops during World War II by providing chocolate bars (not his) as food rations.
Hershey passed away at 88 in 1945, leaving behind an incredible legacy as an inspiration and role model to millions around the globe. His hard work paid off, with His chocolate company remaining one of the country’s premier manufacturers today and his philanthropic work continuing at Hershey Industrial School and Hershey Foundation. Through their tireless work and inspiration to millions, they have changed lives worldwide and been an excellent role model.
Hershey was an acclaimed business leader who built the Hershey Chocolate Company and an idyllic company town named Hershey. A highly generous individual, he believed strongly in prioritizing employee welfare over profit maximization in business operations.
Hershey came from a Swiss and German heritage and was raised by Mennonite parents. His mother played an influential role in his development; her practical influence helped instill in him an ethic of hard work. Though Hershey dreamed big, he never had enough persistence to follow through on any of his ideas.
Hershey traveled extensively, gathering ideas from places such as Mexico, England and Europe. Additionally, he was known to take great pride in both his work and community involvement.
Milton Hershey is an esteemed personality known for his extraordinary activities and impactful words that have touched countless people worldwide. Through hard work he has achieved success; moreover he is also renowned as an ardent philanthropist who has done much good for society at large.
At first, he developed the Lancaster Caramel Company and expanded their exports. Later on, they sold this business so he could start his own mass-produced milk chocolate business – previously considered luxury good.
Donated his entire fortune – including control of his company – to establish Hershey Industrial School and donate all his control of Hershey Foundation which provided educational and cultural opportunities for local residents.