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 by | John L. Schoolcraft |
| Succeeded by | Abram B. Olin |
| Member of the Troy City Council | |
| In office 1841–1848 | |
| Personal details | |
| Born | August 4, 1816 Verona, New York, U.S. |
| Died | July 22, 1906 (aged 89) New York City, U.S |
| Resting place | Oakwood Cemetery, Troy, New York |
| Political party | Whig (1841–1854) Opposition (1854–1858) |
| Spouses | |
| Profession | Businessman, socialite |
| Net worth | US$70 million (1906) |
| Signature | |
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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.