Payne Whitney | |
---|---|
Born |
William Payne Whitney March 20, 1876 New York City |
Died |
May 25, 1927 (aged 51) Manhasset, New York |
Education | Groton School |
Alma mater |
Yale University Harvard Law School |
Occupation | Investor, racehorse owner/breeder, philanthropist |
Spouse(s) | Helen Julia Hay (m. 1902; his death 1927) |
Children |
Joan Whitney John Hay Whitney |
Parent(s) |
William Collins Whitney Flora Payne |
Relatives |
Harry Payne Whitney (brother) Pauline Payne Whitney (sister) Dorothy Payne Whitney (sister) Oliver Hazard Payne (uncle) |
William Payne Whitney (March 20, 1876 – May 25, 1927) was a wealthy American businessman and member of the influential Whitney family.
William Payne Whitney was born on March 20, 1876 to William Collins Whitney (1841–1904) and Flora Payne (1842–1893). His siblings included: elder brother, Harry Payne Whitney (1872–1930), Pauline Payne Whitney (1874–1916), and younger sister, Dorothy Payne Whitney (1887–1968).
Whitney was educated at the Groton School. He attended Yale University, where he was a member of Skull and Bones,Delta Kappa Epsilon, and captained the Yale rowing team. After graduating in 1898, Whitney then studied law at the Harvard Law School, receiving his Bachelor of Laws in 1901.
In addition to a substantial inheritance from his father, Payne Whitney inherited $63,000,000 from his uncle, Col. Oliver Hazard Payne. Amongst his many investments, Whitney had major holdings in banking, tobacco, railroads, mining and oil. He was a member of the board of directors and/or an executive officer of several large corporations, including the City Bank New York, and the Great Northern Paper Company, and the Northern Finance Corporation.
A horse racing enthusiast in the tradition of his father and brother, Payne Whitney's Greentree Stable, named for their Long Island estate, was a very significant racing and breeding operation for thoroughbred horses.