John Joseph Albright
Class of 1868
Leading industrialist, entrepreneur, and philanthropist
(1848 – 1931)
After first working in Washington, D.C. as a coal agent, Albright moved to Buffalo in 1883 to perform similar work for the Philadelphia and Reading Railroads. He then turned to asphalt and land speculation. Together with his brother-in-law, Albright made Buffalo the second city in the nation to have paved streets.
Albright was largely responsible for assembling the land upon which the Lackawanna Steel Company mill was built in 1901. By 1928, the plant had a yearly production of 1.75 million tons and employed over 8,300. At the same time, Albright started investing in hydroelectric projects, initially in Montana, then in Mechanicville, New York, and finally at Niagara Falls. By 1913, he and his associates controlled the Niagara, Lockport, and Ontario power companies.
Albright became wealthy over the years but believed that the rich “held their money in trust,” and that they had an obligation to return it to their communities. He funded and then donated the Albright-Knox Art Gallery to Buffalo. Today that gallery contains one of the nation’s leading collections of art. His continual philanthropic efforts stretched from the library in Scranton, Pennsylvania, to Buffalo schools, to buildings on the Rensselaer campus.