Christopher Latham Sholes Net Worth

Typewriters with various keyboards had been invented as early as 1714 by Henry Mill and have been reinvented in various forms throughout the 1800s. It is believed to be Sholes among others, who have invented the first one to be commercially successful, however many contest it and couple his inventions with that of Frank Haven Hall, Samuel W. Soule, Carlos Glidden, Giuseppe Ravizza and John Pratt.

Born in Mooresburg, in Montour County, Pennsylvania, Sholes moved to nearby Danville and worked there as an apprentice to a printer. After completing his apprenticeship, Sholes moved to Milwaukee, Wisconsin in 1837, and later to Southport, Wisconsin (present-day Kenosha). He became a newspaper publisher and Politician, serving in the Wisconsin State Senate from 1848 to 1849 as a Democrat, in the Wisconsin State Assembly from 1852 to 1853 as a Free Soiler, and again in the Senate as a Republican from 1856 to 1857. He was instrumental in the successful movement to abolish capital punishment in Wisconsin; his newspaper, The Kenosha Telegraph, reported on the trial of John McCaffary in 1851, and then in 1853 he led the campaign in the Wisconsin State Assembly. He was the younger brother of Charles Sholes (1816–1867), who was also a newspaper publisher and Politician who served in both houses of the Wisconsin State Legislature and as mayor of Kenosha.

In 1845, Sholes was working as Editor of the Southport Telegraph, a small newspaper in Kenosha, Wisconsin. During this time he heard about the alleged discovery of the Voree Record, a set of three minuscule brass plates unearthed by James J. Strang, a would-be successor to Joseph Smith, founder of the Latter Day Saint movement. Strang asserted that this proved that he was a true prophet of God, and he invited the public to call upon him and see the plates for themselves. Sholes accordingly visited Strang, examined his "Voree Record," and wrote an article about their meeting. He indicated that while he could not accept Strang's plates or his prophetic claims, Strang himself seemed to be "honest and earnest" and his disciples were "among the most honest and intelligent men in the neighborhood." As for the "record" itself, Sholes indicated that he was "content to have no opinion about it."

Sholes had moved to Milwaukee and became the Editor of a newspaper. Following a strike by compositors at his printing press, he tried building a machine for typesetting, but this was a failure and he quickly abandoned the idea. He arrived at the typewriter through a different route. His initial goal was to create a machine to number pages of a book, tickets, and so on. He began work on this at Kleinsteubers machine shop in Milwaukee, together with a fellow printer Samuel W. Soule, and they patented a numbering machine on November 13, 1866.

At this stage, the Sholes-Glidden-Soule typewriter was only one among dozens of similar inventions. They wrote hundreds of letters on their machine to various people, one of whom was James Densmore of Meadville, Pennsylvania. Densmore foresaw that the typewriter would be highly profitable, and offered to buy a share of the patent, without even having laid eyes on the machine. The trio immediately sold him one-fourth of the patent in return for his paying all their expenses so far. When Densmore eventually examined the machine in March 1867, he declared that it was good for nothing in its current form, and urged them to start improving it. Discouraged, Soule and Glidden left the project, leaving Sholes and Densmore in sole possession of the patent.

The first row was made of ivory and the second of ebony, the rest of the framework was wooden. It was in this form that Sholes, Glidden and Soule were granted patents for their invention on June 23, 1868 and July 14. The first document to be produced on a typewriter was a contract that Sholes had written, in his capacity as the Comptroller for the city of Milwaukee. Machines similar to Sholes's had been previously used by the blind for embossing, but by Sholes's time the inked ribbon had been invented, which made typewriting in its current form possible.

Sholes returned to Milwaukee and continued to work on new improvements for the typewriter throughout the 1870s, which included the QWERTY keyboard (1873). James Densmore had suggested splitting up commonly used letter combinations in order to solve a jamming Problem caused by the slow method of recovering from a keystroke: weights, not springs, returned all parts to the "rest" position. This concept was later refined by Sholes and the resulting QWERTY layout is still used today on both typewriters and English language computer keyboards, although the jamming Problem no longer exists.

Sholes took this advice and set to improve the machine at every iteration, until they were satisfied that Clephane had taught them everything he could. By this time, they had manufactured 50 machines or so, at an average cost of $250. They decided to have the machine examined by an expert mechanic, who directed them to E. Remington and Sons (which later became the Remington Arms Company), manufacturers of firearms, sewing machines, and farm tools. In early 1873 they approached Remington, who decided to buy the patent from them. Sholes sold his half for $12,000, while Densmore, still a stronger believer in the machine, insisted on a royalty, which would eventually fetch him $1.5 million.

Sholes died on February 17, 1890 after battling tuberculosis for nine years, and is buried at Forest Home Cemetery in Milwaukee.