William Edward Boeing

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William Edward Boeing (October 1, 1881 - September 28, 1956) was an aviation pioneer who founded The Boeing Company.

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He was born in Detroit, Michigan to a wealthy German mining engineer named Wilhelm Böing who had made a fortune developing large low-grade taconite iron ore deposits and who had a sideline as a timber merchant. William Boeing left Yale in 1903 to go into the lumber side of the business. He bought extensive timberlands around Grays Harbor on the Pacific side of the Olympic Peninsula. He also bought into lumber operations.

While president of Greenwood Logging Company, Boeing, who had experimented with boat design, travelled to Seattle, where, during the Alaska-Yukon-Pacific Exposition in 1909, he saw a manned flying machine for the first time and became fascinated with aircraft.

In 1916, Boeing went into business with George C. Westervelt as B & W and founded Pacific Aero Products. When America entered the First World War in April 1917, Boeing changed the name of Pacific Aero Products to Boeing Airplane Company and obtained orders from the United States Navy for 50 planes. At the end of the war, Boeing began to concentrate on commercial aircraft, secured contracts to supply airmail service and built a successful airmail operation.

In 1921 William Boeing married Bertha Potter Paschall the daughter of Howard Cranston Potter MD and Alice Kershaw Potter (a descendant of Henry Leavenworth). Bertha Potter Paschall had previously been married to Nathaniel Paschall a real estate broker and by that marriage had two sons Nathaniel Paschall Jr and Cranston Paschall. These two sons became Boeing's stepsons and the couple had a son William E. Boeing Jr. The stepsons went into aviation manufacturing as a career. Nat Paschall was a sales manager for Douglas Aircraft then McDonnell Douglas. William E. Boeing became a noted private pilot and industrial real estate developer.

In 1934, the United States government accused William Boeing of monopolistic practices. The Air Mail Act ordered him to break up his company into three separate entities: United Aircraft Company, Boeing Airplane Company, and United Air Lines.

Boeing retired from the aircraft industry in 1934. He then spent the remainder of his years in property development and thoroughbred horse breeding. His thoroughbred farm northeast of Seattle was called Aldarra. Aldarra was later developed by William E. Boeing Jr. as a luxury residential development in 2000.

Boeing Airplane, though a major manufacturer in a fragmented industry, did not really take off until the beginning of World War II.