What was John Hancock economic status?

John Hancock was one of the wealthiest men in colonial America, primarily due to his successful business ventures in trade and shipping. He inherited a prosperous mercantile business from his uncle, which solidified his financial standing. Hancock's wealth allowed him to become a prominent political figure, and he was known for his lavish lifestyle, including his famous signature on the Declaration of Independence. His economic status played a significant role in his influence and leadership during the American Revolution.