top hat who serves as the mascot of the game Monopoly. In large parts of the world he is also, or even exclusively, known as Mr. Monopoly.
The character first appeared on Chance and Community Chest cards in U.S. editions of Monopoly in 1936. The identity of the artist who designed the character has remained a mystery. Historian and author Philip Orbanes wrote in 2004 that it is believed that the character is based on either the calling cards of Albert Edward Richardson (Parker Brothers' first traveling salesman), the character of "Little Esky" from Esquire magazine, or a combination of the two. Orbanes later wrote, in 2006, that the character was also partially influenced by the stature and dress of financier and banker J. P. Morgan.
The unnamed character made his first appearance outside of Monopoly within the Parker Brothers' game Dig, released in 1940, before the U.S. entered World War II. The character did not receive a name until 1946 when the game Rich Uncle was published by Parker Brothers. His likeness appeared on that game's box lid, game instructions, and currency.
In 1988, Orbanes published the first edition of his book The Monopoly Companion. In the book, all of the characters that appear on the Monopoly board or within the decks of cards received a name. Uncle Pennybags' full name was given as Milburn Pennybags, the character "In Jail" is named "Jake the Jailbird", and the police officer on Go to Jail is named "Officer Edgar Mallory".
In 1999, Rich Uncle Pennybags was renamed Mr. Monopoly.