Marshall Field III

Marshall Field III
Marshall Field in 1919
Born	(1893-09-28)September 28, 1893 Chicago, Cook County, Illinois
Died	November 8, 1956(1956-11-08) (aged 63) New York City
Cause of death	Brain cancer
Education	Eton College & Cambridge University
Occupation	Investment banker, Publisher: Newspaper, magazine, books Racehorse owner/breeder Philanthropist
Known for	Founder: Chicago Sun & Parade magazine
Political party	Republican
Spouse(s)	1 Evelyn Marshall 2) Audrey Evelyn James Coats 3) Ruth Pruyn Phipps
Children	Children with Evelyn: Marshall IV, Barbara, Bettine Children with Ruth: Phyllis, Fiona
Parent(s)	Marshall Field, Jr. & Albertine Huck

Marshall Field III (September 28, 1893 – November 8, 1956) was an American investment banker, publisher, racehorse owner/breeder, philanthropist, heir to the Marshall Field department store fortune and a leading financial supporter and founding board member of Saul Alinsky's community organizing network Industrial Areas Foundation.

Born in Chicago, Cook County, Illinois, he was raised primarily in England where he was educated at Eton College and at the University of Cambridge. In 1917 he joined the 1st Illinois Cavalry and served with the 122nd Field Artillery in France during World War I. He built an estate in 1925.

On his discharge after the war ended, Field returned to Chicago where he went to work as a bond salesman at Lee, Higginson & Co. After learning the business, he left to open his own investment business. A director of Guaranty Trust Co. of New York City, he eventually teamed up with Charles F. Glore and Pierce C. Ward to create the investment banking firm of Marshall Field, Glore, Ward & Co. In 1926, Field left the firm to pursue other interests.

Already a recipient of substantial money from the estate of his grandfather Marshall Field, on his fiftieth birthday Marshall Field III inherited the bulk of the remainder of the family fortune. His brother, Henry Field, who was to have shared in the fortune died earlier in 1917.