<P> Harry's Bar is, despite its name, mainly a restaurant located at Calle Vallaresso 1323, Venice, Italy, owned by Cipriani S.A. . </P> <P> Harry's Bar was opened in 1931 by bartender Giuseppe Cipriani (it). According to the company history, Harry Pickering--a rich, young Bostonian--had been frequenting Hotel Europa in Venice, where Giuseppe Cipriani was a bartender . When Pickering suddenly stopped coming to the hotel bar, Cipriani asked him why . When Pickering explained that he was broke because his family found out his drinking habits and cut him off financially, Cipriani lent him 10,000 lire (about $500 US ($7,839 in 2015 dollars)). Two years later, Pickering returned to the hotel bar, ordered a drink, and gave Cipriani 50,000 lire in return . "Mr. Cipriani, thank you," he said, according to the Cipriani website . "Here's the money . And to show you my appreciation, here's 40,000 more, enough to open a bar . We will call it Harry's Bar ." </P>

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