Web Reference: Peter Minuit was a Walloon merchant and politician who was the 3rd Director of New Netherland from 1626 to 1631. He is credited with purchasing Manhattan Island from the Lenape for 60 guilders, but was dismissed by the Dutch West India Company in 1632. Peter Minuit (born c. 1580, Wesel, Kleve [Germany]—died June 1638, Caribbean Sea) was a Dutch colonial governor of New Amsterdam who is mainly remembered for his fabulous purchase of Manhattan Island (the nucleus of New York City) from the Indians for trade goods worth a mere 60 guilders. Learn about Peter Minuit, a Walloon who became the governor general of New Netherland in 1626 and purchased Manhattan from the Indians for 60 guilders. Find out his biography, achievements, legacy and references.
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Last Updated: April 3, 2026
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