Martin A. Ryerson | |
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Born |
Martin Antoine Ryerson 1856 Michigan, U.S. |
Died | August 11, 1932 Lake Geneva, Wisconsin, U.S. |
Cause of death | arthritis |
Resting place | Graceland Cemetery |
Residence | 4851 South Drexel Boulevard, Chicago, Illinois, U.S. Bonnie Brae, Lake Geneva, Wisconsin, U.S. |
Alma mater | Harvard Law School |
Net worth | $5 million |
Spouse(s) | Carrie Ryerson |
Parent(s) |
Martin L. Ryerson Mary Ann Campau |
Relatives | Louis Campau (maternal uncle) |
Martin A. Ryerson (1856-1932) was an American, lawyer, businessman, philanthropist and art collector. Heir to a considerable fortune, he was a lumber manufacturer and corporate director. He became the richest man in Chicago by the age of 36. A long-time trustee of the University of Chicago, he made large charitable contributions for the construction of buildings on campus. He bequeathed his extensive art collection to the Art Institute of Chicago.
Martin A. Ryerson was born in 1856 in Michigan. His father, Martin L. Ryerson, was a lumber baron in Michigan forests who invested in real estate in Downtown Chicago. His mother, Mary Ann Campau, was the niece of Louis Campau, the founder of Grand Rapids, Michigan and member of the Detroit's Campau family.
Ryerson grew up in Chicago. He was educated in Paris and Geneva. He graduated from the Harvard Law School in 1878.
Ryerson started his career as a lawyer. In 1880, he joined the family business, working for his father, who owned the only remaining lumberyard in Chicago in the aftermath of the Great Chicago Fire of 1871. As a lumber manufacturer, Ryerson was Chicago's richest man by the age of thirty-six.
Ryerson served on the Boards of Directors of the Continental Illinois National Bank and Trust Company,Northern Trust, and the Elgin National Watch Company.
Ryerson served as the President of the Board of Trustees of the University of Chicago from 1892 to 1922. He donated over $2 million to the university, including $350,000 for the construction of the Ryerson Physical Laboratory and $25,000 for the establishment of the Harper Memorial Library on campus. Additionally, he endowed the Martin A. Ryerson Distinguished Service Professorship in 1925.