Henry Carnegie Phipps | |
|---|---|
 Henry C. Phipps (left) alongside his wife, Gladys. | |
| Born | (1879-05-11)May 11, 1879 |
| Died | March 21, 1953(1953-03-21) (aged 73) |
| Alma mater | Yale University |
| Known for | Owner ofWheatley Stable |
| Spouse | |
| Children | 4, includingOgden andBarbara Phipps Janney |
| Parent(s) | Henry Phipps Jr. Anne Childs Shaffer |
| Relatives | Ogden Mills Phipps (grandson) Stuart S. Janney III (grandson) |
Henry Carnegie Phipps (May 11, 1879 – March 21, 1953)[1] was an Americansportsman and financier, the owner ofWheatley Stable along with his wifeGladys Mills Phipps, and a member of the wealthyPhipps family.[2]
Phipps was born on May 11, 1879, inPittsburgh, Pennsylvania. He was the second son of Anne Childs (née Shaffer) Phipps (1850–1934),[3] and businessmanHenry Phipps Jr.[4] His siblings included Amy Phipps, who marriedFrederick Guest (a grandson of the7th Duke of Marlborough andWinston Churchill's first cousin);John Shaffer Phipps, married Margarita Celia Grace (a daughter of Irish merchantMichael P. Grace);[5] Helen Margaret Phipps, who marriedBradley Martin Jr. (brother-in-law of the4th Earl of Craven);[6][7] and Howard Phipps, who married Harriet Dyer Price (granddaughter of Gen.Alexander Dyer).[8]
At Henry Phipps' death, his father, who was at one time the second largest shareholder ofCarnegie Steel and was a founder ofBessemer Trust, was worth $3,121,810 (equivalent to $58,761,000 in 2024), according to transfer tax appraisal documents.[9]
Phipps graduated fromYale University in 1902.[1]
TheWheatley Stable was thenom de course for aThoroughbred racing partnership formed in 1926 by Gladys Mills Phipps and her brother,Ogden Livingston Mills. They became a major owner and breeder inThoroughbred racing with numerouschampions including 1957American Horse of the YearBold Ruler who went on to be an eight-timeLeading sire in North America and whose progeny included the legendarySecretariat.[10]
Phipp's daughterBarbara and her husband Stuart also became involved in the sport of thoroughbred racing and most notably bred and raced the ill-fatedRuffian, aU.S. Racing Hall of Fame inductee widely regarded as one of the greatestfillies in racing history.[11]
In December 1907, Phipps marriedGladys Livingston Mills (1883–1970)[12] ather parents' home inStaatsburg, New York.[13] Gladys was the daughter of famed financierOgden Mills and the twin sister ofBeatrice, who marriedBernard Forbes, 8th Earl of Granard.[14] Her brotherOgden was the 50thU.S. Secretary of the Treasury.[15] As a wedding present, her father bought them a marble‐fronted townhouse at East 85th Street andFifth Avenue. They also had a homeWestbury, which reportedly cost $800,000, a home inPalm Beach, Florida, known as Heamaw.[12] Together, they were the parents of:
Phipps died at his winter home inPalm Beach on March 21, 1953.[1] His estate was left to his widow,[22] who died in 1970.[12]
Through his son Ogden, he was the grandfather ofOgden Mills Phipps (1940–2016), a financier andhorse breeder who served as chairman of the family'sBessemer Trust until his retirement in 1994.
Through his daughter Barbara, he was the maternal grandfather of Stuart S. Janney III (b. 1948), a lawyer, financier and fellow horseman.[23]
Ogden L. Mills, former Secretary of the Treasury and a Republican party leader often suggested as a possible Presidential nominee, died suddenly yesterday of a heart attack in his home at 2 East Sixtyninth Street.
Henry Ogden Phipps, son of Ogden Phipps and the present Mrs. Marshall Field, was found dead yesterday in an eighth floor suite in the Hamilton Hotel, 143 West Seventy-third Street. The police said the cause of death was "under investigation" and added that an autopsy would be performed today.