John Jacob Astor III
| John Jacob Astor III | |
|---|---|
| Born | June 10, 1822 New York City |
| Died | February 22, 1890 (aged 67) Manhattan, New York |
| Resting place | Trinity Church Cemetery |
| Spouse | Charlotte Augusta Gibbs |
| Children | William Waldorf Astor |
| Parents | William Backhouse Astor, Sr. and Margaret Rebecca Armstrong |
| Relatives | John Jacob Astor, grandfather |
| Signature | |
John Jacob Astor III[1] (June 10, 1822 New York City – February 22, 1890 New York City) was the elder son of William Backhouse Astor, Sr. and the wealthiest member of the Astor family in his generation. He was the founder of the English branch of the Astor family.[2][3]
[edit] Biography
Astor studied at Columbia College and the University of Göttingen, following which he went to Harvard Law School. He practised law for a year, solely to qualify himself for assisting in the management of the immense estate, one half of which later descended to him.[4][5]
During the American Civil War he served as a volunteer aide-de-camp to General George B. McClellan. For his services during the Peninsular Campaign he was brevetted brigadier general of U.S. Volunteers. He always regarded this period as the best of his life, and attended the reunions of the Loyal Legion with zeal.[4]
As a businessman, he dabbled in railroad investment, but was forced to yield control of the original New York Central Railroad line (from Albany to Buffalo) to Cornelius Vanderbilt. His principal business interest was of course the vast Astor Estate real estate holdings in New York City, which he managed profitably and parsimoniously.
In 1846, he married Charlotte Augusta Gibbs (27 February 1825 - 12 December 1887) of South Carolina. They had one son, William Waldorf Astor. In 1859 he built a home at 350 Fifth Avenue, which is today the street address of the Empire State Building. Later, he added an imposing vacation home, Beaulieu, in Newport, Rhode Island.
John Jacob Astor III continued the charitable works made by his ancestors to the Metropolitan Museum of Art (in 1887 he presented it with his wife's collection of costly laces and left a bequest of $50,000), Trinity Church (with his brother he presented as a memorial to their father a sculptured reredos and altar costing $80,000), and the Astor Library (he left a bequest of $450,000, bringing the family benefactions to the institution up to about to $1,500,000). He also gave freely to the New York Cancer Hospital ($100,000 bequest), the Woman's Hospital, St. Luke's Hospital ($100,000 bequest) and the Children's Aid Society.[5]
He took an active interest in the Astor Library beyond monetary donations. He was treasurer of its board of trustees, and in 1879 deeded to it the three lots on which the northern wing of the present building was afterward erected by him. He presented it with his collection of early books and rare manuscripts.[5]
Charlotte Astor, deeply religious, supported the newly formed Children's Aid Society and sat on the board of the Women's Hospital of New York, an institution that to her dismay refused to accept cancer patients. Deciding to do something about it, she persuaded her husband to donate the money ($225,000) to erect the New York Cancer Hospital's first wing, the "Astor Pavilion." For twenty years, she supported a German industrial school, and from 1872 until her death she was a manager of the Woman's Hospital, besides taking an active part in the Niobrara League to aid the Indians and in many other charities. She bequeathed $150,000 to charitable organizations.[5]
Aristocratic by inclination, John Jacob Astor increasingly visited London in his later years, and his only child, William Waldorf Astor, would move there permanently with his family in 1891.[6] John Jacob Astor III died on February 22, 1890 and was interred in the Trinity Church Cemetery in Manhattan, New York.[7]
[edit] References
- ^ Some sources such as Time magazine list him as John Jacob Astor II, and discount the birth of John Jacob Astor (1791-1869) who was unstable.
- ^ "Milestones". Time (magazine). July 31, 1939. http://www.time.com/time/magazine/article/0,9171,761800,00.html. Retrieved 2008-08-01. "To celebrate the fourth birthday of Millionheir* William Astor, his parents, Mr. and Mrs. John Jacob Astor III, invited his playmates to a party on the lawn of Chetwode, pillared Astor mansion at Newport. *When John Jacob Astor II went down on the Titanic, most of his fortune went to 20-year-old Son Vincent, only a few million to Son John Jacob III, then unborn. Since Vincent has no direct heirs, William is heir apparent to both fortunes."
- ^ "John Jacob Astor II". New York Times. August 24, 1890. http://query.nytimes.com/gst/abstract.html?res=9C0DE3DE103BE533A25757C2A96E9C94619ED7CF. Retrieved 2008-08-01. "John Jacob Astor, the second of the name, was born in New-York June 10, 1822. His parents were William B. Astor, son of the founder of the family, and Margaret Rebecca, daughter and granddaughter of the Armstrongs of Revolutionary honor."
- ^ a b
"Astor, John Jacob, American capitalist and soldier". Encyclopedia Americana. 1920. - ^ a b c d
"Astor, John Jacob, capitalist". Appletons' Cyclopædia of American Biography. 1900. - ^ "Viscount Astor Died Suddenly of Heart Disease. Stricken Saturday Morning, After Having Passed Part of Preceding Day Outdoors. Body Will Be Cremated and the Ashes Placed in Private Chapel at Cliveden. Peerage Came as Reward for War Gifts. Realty Holdings Here Valued at $60,000,000. Little Known to British Public. Estate Will Pay a Heavy Tax. His Pursuit of Title Evoked Bitter Criticism. Became a British Subject in 1899. Peerage Followed War Gifts.". New York Times. October 20, 1919. http://query.nytimes.com/gst/abstract.html?res=9507E5D81038EE32A25753C2A9669D946896D6CF. Retrieved 2008-08-01. "Viscount Astor died yesterday morning. His death, which was from heart disease, was unexpected."
- ^ "John Jacob Astor Dead. Heart Disease Carries Him Off Suddenly. The End Of A Placid And Useful Life Full Of Good Deeds. William Waldorf Astor His Only Heir.". New York Times. February 23, 1890. http://query.nytimes.com/gst/abstract.html?res=9900E2DF153BE533A25750C2A9649C94619ED7CF. Retrieved 2008-06-22.
[edit] External links
- "John Jacob Astor III". Find a Grave. http://www.findagrave.com/cgi-bin/fg.cgi?page=gr&GRid=2304. Retrieved 2008-02-14.