Marshall Field’s Net Worth, Biography, Career, Awards, Fact and Life Story

Net Worth: $66 Billion
Date of Birth: Aug 18, 1834 – Jan 16, 1906 (71 years old)
Gender: Male
Profession: Businessperson
Nationality: United States of America

Marshall Field net worth: Marshall Field was an American entrepreneur who had a net worth equal to $66 billion modern dollars. Marshall Field was the founder of Marshall Field and Company, the chain of Chicago-based department stores. He was born on August 18, 1834 on a farm in Conway, Massachusetts. His family was descended from Puritans who had come to America as early as 1650. At the age of 17, he moved to Pittsfield, Massachusetts where he worked in a dry good store and a year later moved to Chicago to live with his brother where he got a job at another dry goods merchant called Cooley, Wadsworth and Company. In 1862, Field purchased a partnership wit the firm and it became Farwell, Field & Company. In January of 1865, Field and a partner, Levi Leiter, accepted an offer to become senior partners at the dry goods establishment of Potter Palmer. The new firm, that was eventually known as Field, Leiter & Co. was badly affected by the Great Chicago Fire of 1871, but reopened relatively quickly. The company also survived the Panic of 1873 because of relatively low levels of debt, and by 1881, Field had forced Leiter to sell his share of he business changing the name to Marshall Field and Company. Field’s innovations were centered around the notion of caveat emptor, or the “buyer beware” mentality. Unconditional refunds, consistent pricing and international imports were among the Field innovations, and employees were instructed not to push products on uninterested customers, which was common practice at the time. The phrases, “give the lady what she wants” and “the customer is always right” are attributed to Field, though the latter may also be an invention of Harry Gordon Selfridge while he was employed by Marshall Field. As a businessman, Marshall Field was highly suspicious of organized labor and prohibited unionization amongst his employees. He avoided political and social intrigue, instead focusing on his work and on supporting his family and favorite philanthropies. The Field Museum of Natural History was named after him in 1894 upon an endowment of one million dollars to the organization. The University of Chicago was also founded by both Field and New York’s, John D Rockefeller to rival Evanston’s Northwestern University. He married Nannie Douglas Scott in 1863 and they raised two children.

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Vladislav Doronin’s Net Worth, Biography, Career, Awards, Fact and Life Story

Vladislav Doronin net worth: Vladislav Doronin is a Russian businessman, real estate developer and art collector who has a net worth of $1 billion dollars. Vladislav Doronin is the President of Capital Group, a Russian real estate development and construction company focused on elite housing complexes. He also owns Aman Resorts and the OKO Group. Aman operates more than 30 luxury resorts in 20 countries. The OKO Group develops real estate projects primarily in New York and Miami. To date he has developed more than 75 million square feet of property around the world. Early Life and Career Beginning: Vladislav Doronin was born on November 7, 1962 in Saint Petersberg, Russia. He attended and eventually graduated from Moscow Lomonosov State University. In 1985 he relocated to Switzerland with less than $250 to his name. Russians were not allowed to leave the country with more than $250. Once in Switzerland he landed a job with financier Marc Rich. He was soon learning the ropes of the commodities trading world, specializing in metals and oil. The early 1990s were a fertile time for an industrious, hard working Russian with a European pedigree. In 1991 Vladislav launched his own company which he called Capital Group. Within a few years Capital Group began making major commercial real estate investments in Moscow. One of his first projects was to develop a large office building in Moscow that catered specifically to western clients that were flooding the city. Companies like IBM and Phillip Morris quickly learned that the Capital Group’s buildings were the best in Moscow for Western-style office work. The company eventually grew to control roughly 7 million square meters of mostly “Class A” office, retail and residential real estate. The Aman Group: In 2014 Vladislav became the majority owner of The Aman Group, which is the holding company of Aman Resorts. Aman Resorts owns approximately 30 luxury resorts in 20 countries. By August 2015 Vladislav had become the sole owner of Aman. Aman Resorts specializes in operating highly luxurious low-capacity resorts. The average room count is 55 ad the rooms are usually all private villas with private pools and dining areas. The average staff to guest ratio at Aman properties is 7:1. The resorts are typically in very unique locations, for example 13 are located within UNESCO heritage sites. Aman operates properties in Phuket, Thailand, Bali, Bhutan, Sri Lanka, Turks and Caicos, Cambodia, Montenegro, Vietnam, Turkey, Greece, Japan and more. In April 2015, Aman paid $500 million for floors 4-24 of NYC’s Crown Building on Fifth Avenue. The floors were meticulously converted into 83 luxury condo and hotel suites. The penthouse will reportedly be listed for $180 million. In recent years he has expanded the Aman brand to include Aman Private Jet to whisk travelers to and from his hotels. The company also launched Aman Skincare and Aman SVA – a holistic supplements company. The OKO Group: In 2015 Vladislav founded the OKO Group – “oko” means “eye” in Proto-Slavic. Through the OKO Group, Vladislav has acquired a number of high-profile commercial and residential buildings in Miami and New York City. For example, in November 2016 the company paid $54 million for a two-acre property on Biscayne Bay located at 720 Northeast 27th Street. Personal Life: Vladislav Doronin became internationally known after he began dating supermodel Naomi Campbell at some point in 2008. He even was rumored to have proposed marriage. For some time, the couple resided together in Doronin’s primary house in Russia and traveled extensively to his properties around the globe. Doronin and Campbell broke up in 2013. Before dating Naomi, Vladislav Doronin was previously married to Ekaterina Doronin. Between Ekaterina and his current partner Kristina Romanova, Vladislav has three children.
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