Michael Grace Phipps
Michael Grace Phipps | |
|---|---|
 Phipps, circa 1940 | |
| Born | January 10, 1910 United States |
| Died | March 13, 1973 (aged 63) |
| Education | St. Bernard's School, St. Paul's School, Yale University |
| Board member of | Bessemer Securities Corporation, W. R. Grace and Company |
| Spouse | Muriel Fillans "Molly" Lane (1909-1968) |
| Children | 2 |
| Parent | John Shaffer Phipps & Margarita Celia Grace |
| Relatives | Hubert Phipps (brother) |
| Honors | Museum of Polo and Hall of Fame (1994) Keeneland Mark of Distinction (1981) |
Michael Grace Phipps (January 10, 1910 – March 13, 1973) was an American businessman, champion polo player, owner/breeder of racehorses, and a philanthropist.[1]
Biography
[edit]Michael Phipps was the son of John Shaffer Phipps and Margarita Celia Grace, daughter of Michael P. Grace. He was a member of the Yale University intercollegiate championship team in both 1930 and 1932.[2] He participated in the 1936 and 1939 International Polo Cup. A member of the Meadowbrook Polo Club on Long Island, New York, in 1938 he was elevated to a Ten Goal ranking, the highest level achievable in polo.[3] On March 17, 1994 he was posthumously elected to the Museum of Polo and Hall of Fame.[4]
Education and business career
[edit]Michael Phipps studied at St. Bernard's School and St. Paul's School before going on to Yale University.[5] Phipps became a successful investor and would serve as a vice president of his family's Bessemer Securities Corporation and sit on the board of directors of W. R. Grace and Company, a company owned by his maternal grandfather's family.
Thoroughbred racing
[edit]Several members of the Phipps family were involved in horse racing. Most notably from the same era as Michael Phipps was his brother Hubert, a cousin Ogden, as well as his uncle Henry Carnegie Phipps whose wife was a partner in the renowned Wheatley Stable. On the death of his father, Michaell Phipps purchased his stable of horses from the Estate.[6] Some of the successful Thoroughbreds owned and raced by Michael Phipps were Raja Baba and Gentleman James.
Michael Phipps served on the board of directors of Hialeah Park Race Track.[7]
References
[edit]- ^ Palm Beach Post - March 15, 1973
- ^ "Polo Pickings". Time magazine. 17 September 1934. Archived from the original on 25 November 2010. Retrieved 6 April 2011.
Mike Phipps is a stubby, hard-riding youngster who was a member of Yale's intercollegiate championship team in 1930 and 1932. ...
- ^ Christian Science Monitor - November 2, 1938
- ^ "Museum of Polo and Hall of Fame". Archived from the original on 16 February 2012. Retrieved 24 May 2012.
- ^ New York Times - March 15, 1973
- ^ "Michael Phipps Buys Horses of Late Father". Daily Racing Form at University of Kentucky Archives. 13 May 1958. Retrieved 9 December 2020.
- ^ Palm Beach Post - March 15, 1973
- 1910 births
- 1973 deaths
- Yale University alumni
- Businesspeople from New York (state)
- American polo players
- International Polo Cup
- American racehorse owners and breeders
- Philanthropists from New York (state)
- Phipps family
- People from Old Westbury, New York
- People from Palm Beach, Florida
- 20th-century American businesspeople
- St. Bernard's School alumni
- 20th-century American philanthropists