author

Frederick L. (Frederic Lockwood) Lipman

b. 1866

A San Francisco banker-turned-writer, he brought a practical, early-20th-century perspective to questions about wealth, business, and ethics. His best-known work, Creating Capital, blends financial experience with a thoughtful look at what money-making means in society.

1 Audiobook

Creating Capital Money-making as an aim in business

Creating Capital Money-making as an aim in business

by Frederick L. (Frederic Lockwood) Lipman

About the author

Born in San Francisco in 1866, Frederic Lockwood Lipman built his career in banking and business before turning that experience into nonfiction writing. Records connected to his family history identify him as the son of Charles Lipman and Frances C. Kellogg, and show that he later married Edith Law and remained closely tied to California.

Lipman is best known for Creating Capital: Money-making as an Aim in Business, published in 1918. The book reflects a practical business mind, but it also reaches beyond finance alone, asking moral and social questions about wealth, ambition, and the purpose of enterprise.

Sources about his later life describe him as a longtime Wells Fargo executive who rose to senior leadership, which helps explain the authority behind his writing on business. He died in 1950, leaving behind a small but distinctive body of work that connects personal success, public responsibility, and the ethics of commerce.