Frederick Lothrop Ames
| Frederick Lothrop Ames | |
|---|---|
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| Born |
June 8, 1835 Easton, Massachusetts |
| Died | September 13, 1893 (aged 58) Fall River, Massachusetts |
| Cause of death | Cerebral Apoplexy (stroke) |
| Education | Phillips Exeter Academy |
| Alma mater | Harvard College |
| Occupation | Vice President of the Old Colony Railroad and director of the Union Pacific Railroad |
| Known for | Wealthiest person in Massachusetts |
| Net worth |
 US $25 to $50 million at the time of his death |
| Spouse(s) | Rebecca C. Blair |
| Children | Frederick Lothrop Ames, Jr. |
| Parent(s) |
Oliver Ames, Jr., Sarah Lothrop |
| Relatives |
Capt. John Ames great-grandfather Oliver Ames, Sr. grandfather Oakes Ames Uncle Oliver Ames cousin |
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Frederick Lothrop Ames (June 8, 1835 – September 13, 1893), was heir to a fortune in railroads and shovel manufacturing. He was Vice President of the Old Colony Railroad and director of the Union Pacific railroad. At the time of his death, Ames was reported to be the wealthiest person in Massachusetts.
The Ames family was a wealthy family which had lived in Easton for many generations. Frederick's grandfather Oliver Ames, Sr. founded the Ames Shovel Works in Easton, Massachusetts. The Shovel Works earned the family a huge fortune, during a time when aggressive canal and railroad expansion was built by the hands of thousands of men using shovels. Frederick's father Oliver, Jr. was president of the Union Pacific Railroad during the building of the transcontinental railroad. Frederick's cousin Oliver Ames was governor of Massachusetts 1887–1890.
Frederick Lothrop Ames was born June 8, 1835 in Easton, Massachusetts, the only son of Oliver Ames, Jr. and Sarah Lothrop. Sarah's father was Hon. Howard Lothrop, of Easton, who was a State Senator; and her brother was George Van Ness Lothrop, minister to Russia during the Grover Cleveland administration.
Young Frederick attended Phillips Exeter Academy and graduated Harvard College in 1854. Although he wished to study law, he was persuaded by his father to join the family shovel business. On the death of his grandfather Oliver Ames, Sr., he became a member of the firm. In 1876, he became treasurer. On the death of his father in 1877, Frederick became head of the Ames & Sons Corporation; he also inherited five or six million dollars, which he invested in railroads.
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