Russell Sage

Russell Sage
Russell Sage in 1903
Member of the U.S. House of Representatives
from New York's 13th district
In office
March 4, 1853 – March 3, 1857
Preceded byJohn L. Schoolcraft
Succeeded byAbram B. Olin
Member of the Troy City Council
In office
1841–1848
Personal details
Born(1816-08-04)August 4, 1816
Verona, New York, U.S.
DiedJuly 22, 1906(1906-07-22) (aged 89)
New York City, New York, U.S
Resting placeOakwood Cemetery, Troy, New York
Political partyWhig (1841–1854)
Opposition (1854–1858)
Spouses
Marie-Henrie Winne
(m. 1840; died 1867)
(m. 1868)
ProfessionBusinessman, socialite
Net worthUS$70 million (1906)
Signature

Russell Risley Sage (August 4, 1816 – July 22, 1906) was an American financier, railroad executive and Whig politician from New York, who became one of the richest Americans of all time.[1][2] As a frequent partner of Jay Gould in various transactions, he amassed a fortune. Olivia Slocum Sage, his second wife, inherited his fortune, which was unrestricted for her use. In his name she used the money for philanthropic purposes, endowing a number of buildings and institutions to benefit women's education: she established the Russell Sage Foundation in 1907 and founded the Russell Sage College for women in 1916.

  1. ^ Gibson, Christine (October 1998). "The American Heritage". American Heritage. Vol. 49, no. 6.
  2. ^ Hargreaves, Steve (June 1, 2014). "The richest Americans in history". CNNMoney. Retrieved March 5, 2018.