August Belmont Jr.
August Belmont Jr. (February 18, 1853 – December 10, 1924) was an American financier. He financed the construction of the original New York City Subway line (1900–1904) and for many years headed the Interborough Rapid Transit Company, which ran the transit system. He also financed and led the construction of the Cape Cod Canal in Massachusetts, which opened in 1914. Belmont bought the land for and built New York's Belmont Park racetrack—named for his father—and was a major owner/breeder of thoroughbred racehorses. He served as chairman of the board of the Louisville and Nashville Railroad. He also served as a director of the Southern Pacific Co., parent of the railroad, and National Park Bank.
August Belmont II | |
|---|---|
Belmont circa 1890 | |
| Born | February 18, 1853 Manhattan, New York City, U.S. |
| Died | December 10, 1924 (aged 71) Manhattan, New York City, U.S. |
| Resting place | Island Cemetery Newport, Rhode Island, U.S. |
| Other names | August Belmont Jr. |
| Alma mater | Harvard University |
| Occupation(s) | Businessman Racehorse owner/breeder |
| Political party | Democrat |
| Spouse(s) |
Elizabeth Hamilton
Morgan
(m. 1881; died 1898) |
| Children | August Belmont III Raymond Belmont II Morgan Belmont |
| Parent(s) | August Belmont I Caroline Slidell Perry |
| Relatives | Matthew C. Perry (maternal grandfather) |
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