Russell Sage

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. 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.

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
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