Marshall Field III

Marshall Field III (September 28, 1893 – November 8, 1956) was an American investment banker, publisher, racehorse owner/breeder, philanthropist, grandson of businessman Marshall Field, 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. Early life Born in Chicago, Cook County, Illinois, he was the son of Albertine Huck, daughter of German businessman Louis Carl Huck, and Marshall Field II. He was raised primarily in England, where he was educated at Eton College and 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. Early career On his discharge after the war, 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.