Answer:
Because he orchestrated the purchase of Manhattan Island from the Lenape Native Americans.
Explanation:
Peter Minuit was the 3rd director of the New Netherland colony in North America.
He is credited for buying the Manhattan Island for the approximate price of 1050 dollars nowadays. But in that time he traded goods with the Chief of the Native Americans for the price of 60 guilders, which were the Dutch currency during the 17th century.
I hope this answer helps you.
