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American Express History. American Express or Amex for short dates all the way back to 1850 as an express mail business in Buffalo, NY. The company was founded by Henry Wells, William Fargo and John Warren Butterfield. These men went on to found Wells Fargo four years later.
In the late 1850s, William Russell, Alexander Majors, and William Waddell were the three founders of the Pony Express and were already in the freighting and drayage business with more than 4,000 men, 3,500 wagons and some 40,000 oxen.fficially operating as the Leavenworth and Pike's Peak Express Company of 1859, which in 1860 became the Central Overland California and Pikes Peak Express Company, this firm was founded by William H. Russell, Alexander Majors, and William B. Waddell all of whom were notable in the freighting business.