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Sesquicentennial Minute: Cripple Creek gold rush created 23 millionaires, Colorado Springs explosion COLORADO SPRINGS, Colo. (KRDO) Following its founding in 1871, Colorado Springs saw slow growth. Without a major developing industry, the city didn t seem bound to flourish. Everything changed in 1891. It all started when Winfield Scott Stratton struck gold at Cripple Creek on July 4 of that year. His discovery would lead to an unprecedented gold rush that would create hundreds of mines and 23 millionaires in Colorado Springs. The gold coming out of Cripple Creek outpaced all the gold flowing out of California combined. By the late 1890s, Cripple Creek was the world s richest goldfield, the money was coming down mostly to Colorado Springs rather than Denver, said Richard Sauers, curator of the Western Museum of Mining and Industry.

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