Age, Biography and Wiki
💰 Net worth: $10 million (2024)
Cyrus West Field, a renowned entrepreneur hailing from Massachusetts, is expected to have a net worth of $10 million by 2024. Field has made a name for himself in the business world through his successful ventures and innovative ideas. His entrepreneurial skills have enabled him to accumulate a substantial fortune over the years. Known for his strategic thinking and risk-taking abilities, Field has been instrumental in various industries, fueling not only his personal success but also contributing to the economic growth of Massachusetts.
About
American businessman and entrepreneur who is known for creating the Atlantic Telegraph Company. He is also known for having laid the first telegraph cable across the Atlantic Ocean in 1858.
Before Fame
Beginning as an assistant to a paper manufacturing company created by his brother, he eventually went on to start a company Cyrus W. Field & Co. with his brother. In January of 1854, he began what was known as the Cable Cabinet of entrepreneurs which formed into the American Telegraph Company.
Trivia
He earned a gold medal from the U.S. Congress and the grand prize at the International Exposition in Paris for his work on the transatlantic cable.
Family Life
He was born and raised in Stockbridge, Massachusetts. He was he eighth of ten children. He married Mary Bryan Stone in December of 1840 and together they had seven children.
Associated With
During the Panic of 1857, his neighbor in Gramercy Park Peter Cooper kept him from going under, continuing to support his business endeavors.