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Henry Phipps Jr. was born on September 27, 1839, in Philadelphia, Pennsylvania.His English parents, Henry Phipps, a shoemaker, [2] and Hannah (née Franks), [3] were married at Wolverhampton in 1824 [4] and had at least one son born while they were still in England.
The current Chairman of the Board of Directors is the great-grandson of Henry Phipps, Stuart S. Janney III, [9] who succeeded Ogden Mills Phipps in 1994. [10] In 2018, Bessemer Trust leased the top seven floors at 1271 Avenue of the Americas in Manhattan, relocating from 630 Fifth Avenue in 2021. [11]
William du Pont Jr., Wilmington; inherited wealth: E. I du Pont de Nemours & Co. Mrs. Frederick Guest, the former Amy Phipps, Palm Beach, Florida; inherited wealth from father Henry Phipps Jr., a Carnegie Steel executive. Howard Hughes, Los Angeles; inherited wealth: Hughes Tool Company.
In 1911, Henry Phipps Jr., a co-founder of Carnegie Steel, formed Bessemer Trust in New York to manage his family's assets. [3] [4] In 1911, he spun out Bessemer Securities as a separate entity which had $20 million assets under management which invested in venture capital deals, publicly traded securities and real estate.
Two prominent philanthropists, Henry W. Phipps Jr. and George Westinghouse, helped make the building's existence possible. Phipps grew up in Allegheny City, now Pittsburgh's North Side, and was a neighbor of Andrew Carnegie.
Henry Carnegie Phipps (1879–1953), sportsman and financier Henry Phipps Jr. (1839–1930), entrepreneur and major philanthropist Henry Phipps, 1st Earl of Mulgrave (1755–1831), soldier and politician
LeVar Burton got hit with a one-two punch while tracing his family's ancestry on the Jan. 16 episode of PBS' hit series "Finding Your Roots.". Burton rose to fame as a child actor in the TV ...
The Phipps Conservatory was founded in 1893 as a gift from Henry Phipps Jr. to the City of Pittsburgh. [8] The Conservatory was designed by Lord & Burnham, for a fee of $100,000. The glasshouse, then consisting of nine display rooms, was completed in August 1893, one year after construction began.