The Building of A Fortune
In 1869 he joined the coal mining firm Ames & Co. of which he acquired ownership interest in 1873. The newly renamed James W. Ellsworth & Co. enjoyed enormous success with mines operating in Ohio, Pennsylvania, and West Virginia and offices in Chicago, New York City and Pittsburgh.
He served as the president of the Union National Bank of Chicago from 1896 to 1898 during which time he was a signatory of National Bank notes.
Ellsworth owned a number of residences including ones in Chicago, New York City, Hudson, Ohio, Switzerland and Florence, Italy.
Read more about this topic: James Ellsworth
Famous quotes containing the words building and/or fortune:
“We have our little theory on all human and divine things. Poetry, the workings of genius itself, which, in all times, with one or another meaning, has been called Inspiration, and held to be mysterious and inscrutable, is no longer without its scientific exposition. The building of the lofty rhyme is like any other masonry or bricklaying: we have theories of its rise, height, decline and fall—which latter, it would seem, is now near, among all people.”
—Thomas Carlyle (1795–1881)
“Wealth is so much the greatest good that Fortune has to bestow that in the Latin and English languages it has usurped her name.”
—William Lamb Melbourne, 2nd Viscount (1779–1848)