William Ryle

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William Ryle (1834–1881).jpg

William Ryle II (1834–1881) was an English silk manufacturer who lived in the United States.

Biography[]

He was born on March 2, 1834 in Macclesfield, England to William Ryle I, one of the most successful silk manufacturers in England.[1] William Ryle was the nephew of John Ryle, who is widely regarded as the "Father of the U.S. Silk Industry" in Paterson, New Jersey.

Ryle later went to the United States where in Paterson, New Jersey and in New York City, he owned and operated the largest silk importing firm in the United States.

Ryle married Mary Danforth, daughter of , a railroad tycoon.[1]

He died on November 5, 1881.[2] At the time of his death, his fortune was estimated to be close to $25,000,000, equivalent to $670,000,000 in 2020.[3]

References[]

  1. ^ a b "Arthur Ryle". Nelson's Biographical Cyclopedia of New Jerse. 1913. William Ryle, son of William Ryle, was born in Macclesfield, England, March 8, I834, and died in Paterson, New Jersey, November 5, 188I. He came to the United States at the age of eighteen, also with the purpose of embarking in the silk business, but, obtaining employment with a Wall street banking firm in New York City, he was for some time engaged in financial concerns.
  2. ^ "William Ryle, Largest U.S. Importer, Dies in New York". New York Times. November 7, 1881.
  3. ^ 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved January 1, 2020.

External links[]

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