[21] Although not Catholic, Thorne was a close friend of Patrick Cardinal Hayes, and in 1940 he gave the Chancellor Estate in Millbrook to the Archdiocese of New York to serve as a memorial to Hayes and a convalescent home for children. Landscape: Helen S. (Mrs. Oakleigh) Thorne, on 26 acres. He supports all the liberal causes: unions, Obamacare, welfare, soak-the-rich taxes. Their country estate, Thorndale, was built in the late 18th century and is still occupied by the family more than 200 years later. Earlier in his career, Mr. Thorne served as Chief Executive Officer of Commerce Clearing House (CCH) and led a significant operational transformation that culminated in CCH's $1.9 billion sale to. [7], He started winning various divisional awards for his steer at the International Live Stock Exposition in 1924. He was promoted to CEO in 1993, and in 1996 led the sale of CCH for $1.9 billion to Wolters Kluwer, a Dutch publishing company. Six years later, he and Alicia wanted a new project. He also belonged to numerous clubs, including The Racquet and Tennis Club (of New York) where he served as president for five years in the late 1970s, The Brook, The Meridian Club (in the Turks and Caicos, where he also served as president), The Mashomack Fish and Game Preserve Club, The Millbrook Golf and Tennis Club, The Fly Fishers of Brooklyn, The New York Farmers, The Tamarack Preserve Club, The Gulfstream Polo Club and The Jockey Club. While Departures is owned by American Express, the content is independently written by third party writers and creators. Upon retirement, Barbara and I returned to live in Millbrook. She married Birdseye Blakeman Lewis on 12 June 1908, in Millbrook, Washington, Dutchess, New York, United States. Though the pair did not beat the Russian record, they did receive quite a bit of media notoriety for the attempt. [2] He was survived by his wife Helen[2] and two daughters; Mrs. Philip S. Chancellor and Mrs. Daryl Parshall. Oversees family office of Thorne family. Oakleigh Thorne was born on July 31, 1866 in New Hamburg, New York, the son of Edward Thomas Thorne and Charlotte (Pearsall) Thorne. ["Las Tejas," Oakleigh Thorne house, 170 Picacho Road, Montecito, California. In 1900 he came to . Last updated: 4 January 2023 at 6:24pm EST. The Times reported that both had been directors in Westchester with controlling interests, and that Thorne had possibly secured a directorship with the opposition with the goal of securing the merger. He was best known in business circles for his stewardship of the Thorne family holding company, CT Corporation, in New York City through the 1960s and 70s and ultimately merging that company into its largest holding, Commerce Clearing House Inc., (CCH, Inc.) in 1976. 82, Stanfordville; 845-868-3366; aliciaadamsalpaca.com). [3][13] Thorne remained president until the Trust Company of America was absorbed by the Equitable Trust Company in the spring of 1912. The Thorne Building Community Center and Bennett Park are exciting projects, and I am thrilled to be a member of the Board of the MCP. Under Mr. Thornes 38-year tenure as its president it expanded its mandate and gave tens of millions of dollars to local charities, schools, colleges, hospitals and municipalities. [4] In addition to his connection with Commerce Clearing House, Wells Fargo, and the Trust Company of America, Thorne was a director of the Corporation Trust Company and of the Bank of Millbrook. In Dutchess County he was best known for the philanthropy of the Millbrook Tribute Garden Inc., and his participation on the boards of numerous local non-profit organizations. California Weighs $360,000 in Reparations to Eligible Black Residents. Mr. Thorne served as chairman and CEO of eCollege.com, a leading provider of outsource services to the postsecondary education industry, from May 2000 to July 2007, when the company was sold to Pearson PLC. Despite the fact that Thorne had only daughters, so that his surname did not pass into the following generation, one of his grandsons appears to have changed his surname back to Thorne. Mr. Thorne is survived by his wife of 50 years, Felicitas Selter Thorne, of Millbrook; two sons by a prior marriage, Oakleigh (Jacqueline Stahl), of Millbrook; and Henry Fleming (Karen Warcholak), of Pittsburgh, Pa.; and two children with Felicitas, Jonathan (Jennifer Kennedy), of Millbrook; and Eliza (Michael Barnello), of Sharon, Ct. [10] His marriage ceremony was described by the Times as "brilliant," taking place at Christ Church in St. Louis with many New Yorkers in attendance. That the Thorne family is still active in the community is telling of the towns sense of tradition even as a younger, savvier and more global crowd moves in. When 200 acres that bordered the Millbrook School, a private college-prep boarding school north of the town, came on the market, the school, fearful of developers, worked with neighbors to purchase the land to keep it open for equestrian use. He founded, and serves as CEO of Thorndale Farm, Inc., which oversees the Thorne family investment portfolio, including investments in Gogo, Inc. and Helix Education Inc., as well as a diversified portfolio of indirect investments. And most importantly, Massimo also built a soccer field, which is used every Saturday (except in the winter, when a neighbor hosts the games at his indoor field). Most recently he exercised 130,000 units of GOGO stock worth $2,100,800 on 31 December 2022. He has made a fuss about how his tax rate is lower than his secretarys. Previously, Oakleigh was the Leadership Council at Yale University and also held positions at University of Colorado Boulder, CHURCH at VALLEY RANCH. I was amazed at how much land there was and that it was still so close to the city.. Gogo extended its long-term revenue growth target of a CAGR of 17% from 2022 through 2027,. He was listed on Forbes' 2008 list of the world's billionaires as #1014 with a net worth of $1.1 billion. Buffett built Berkshire Hathaway in part on astute corporate tax maneuvers, such as use of the dividend-received deduction and complex strategies involving property/casualty reserves. The 38-year-old President and CEO of CCH Inc. took a company worth $450 million two years ago and sold it last week for an eye-popping $1.9 billion in a. Mrs. Thorne's main interest was the garden design and soon made Las Tejas the highlight of weekly garden tours. The company's second location was the ground floor of 37 Wall Street, a building which was designed by Francis Kimball and constructed during 1906 and 1907 for The Trust Company of America. BOX 258, , MILLBROOK, NY, 12545. Oakleigh Thorne - President and CEO Barry Rowan - EVP and CFO Conference Call Participants Scott Searle - ROTH Capital Ric Prentiss - Raymond James Louie DiPalma - William Blair Philip Cusick -. Tucked into Dutchess County 90 miles north of New York City, Millbrook is every bit the quintessential American small town where everyone knows one another, but its roughly 1,500 inhabitants are anything but provincial. Miscellaneous. My husband John grew up in Millbrook and we have raised our three children here. Tax credits are . As of 31 December 2022 he still owns at least 476,400 units of Gogo Inc stock. oakleigh thorne billionaire. [3] He served as a director of Wells Fargo & Company from 1902 to 1918. I retired in 2007, having successfully raised the profile of the Morgan as a public cultural institution. 0. oakleigh thorne billionaire. Download Today's Edition When this election is over, well probably see a shift in Manhattans political leanings. Rotunno was a milliner and a dressmaker and owned a shop on Franklin Avenue for more than 60 years, making dresses for the towns more notable residents, such as Clarisse Coudert (Cond Montrose Nasts first wife) and Mrs. Oakleigh Thorne. Best Match Powered by Whitepages Premium AGE 80+ Oakleigh Dr Thorne II Boulder, CO (Central Boulder) Aliases Thorne Oakleigh View Full Report Addresses [5] After purchasing Briarcliff Farms in 1918,[6] he became a breeder of champion Angus cattle. Anticipating a capital gain a few years ago, he decamped from his California home to Mexico, realized the gain, and then moved back, thereby ducking a large state tax bill. Though born to privilege, Thorne was quick to dispense with pretenseand share his amusing observations and mischievous grin with all comers. He is also survived by 10 grandchildren. Right-wing politics would be in order. 343; 845-677-3135; millbrookgt.com) is a short drive from Millbrooks village. It survived, with the backing of J. Pierpont Morgan and an infusion of gold from the Bank of England and other European sources. His death was attributed to shock, after he broke his leg a week earlier at a fall at Thornedale. In lieu of flowers memorial donations may be given to the Thorne Building Community Center, PO Box 1087, Millbrook, N.Y., 12545, or The Dutchess Land Conservancy, PO Box 138, Millbrook, N.Y., 12545. They were the parents of at least 1 son. [4] In addition to his connection with Commerce Clearing House, Wells Fargo, and Trust Company of America, Thorne was a director of the Corporation Trust Company and of the Bank of Millbrook. "Absolute" control of both roads passed to Thorne and Marsden J. Perry. There are 9 older and 8 younger executives at Gogo Inc. [6] That year Thorne changed careers to focus on developing Briarcliff, which was originally a dairy farm that used for beef cattle production. This was at the time control of the express company passed to E.H. Harriman; the company headquarters moved from San Francisco to New York City in 1904. New York and California account for 18 of the 25 hot spots for left-wing millionaires. This time around the Republicans are doing a better job of fundraising. Massachusetts has plenty of Democratic voters but a shortage of extremely wealthy towns, and so is represented by only one locale, the Beacon Hill section of Boston. Gogo's products and services are installed on thousands of business aircraft of all sizes and mission types from turboprops to the largest global jets, and are utilized by the largest fractional ownership operators, charter operators, corporate flight departments and individuals. So how do we explain the appearance of Millbrook on the list of Obama-loving towns? Two ritzy districts within Los Angeles are on the list: Brentwood and Bel Air, as is an enclave inside LA, Santa Monica. 2023 American Express. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl. Millbrook Golf & Tennis Club (103 Rte. oakleigh thorne billionairewhich of the following expressions are polynomials. The prototype of tax-loving plutocrats is Warren Buffett. In May, Mitt Romney outraised the incumbent, $77 million to $60 million. The most active insiders traders include Charles C Townsend, (Equity) Holdings, Lpgtcr P, and Hugh W Jones. LOC 6950361704.jpg English: Johnston, Frances Benjamin,, 1864-1952,, photographer. The film director on the Italian town of Bernalda, his favorite gifts, and the store he wants to take home. The most recent stock trade was executed by Oakleigh Thorne on 31 December 2022, trading 130,000 units of GOGO stock currently worth $2,148,900. Thorne remained a director of Wells Fargo until the company ceased express service in 1918. Its integral to being here, she says. Box 1087, Millbrook, NY, 12545, or The Dutchess Land Conservancy, P.O. [30], Thorne died on May 23, 1948 in New York's Doctors Hospital at the age of 81. [27] With Thorne recovering from his operation at Thornedale, in early August 1916, two large barns on the Thornedale estate were burned, with the fires put out by the Millbrook Fire Department. A new wave of hotels, wineries, and restaurants is transforming this rural region into a cultural oasis. Leave a sympathy message to the family in the guestbook on this memorial page of Oakleigh B. Thorne to show support. 20 records for Oakleigh Thorne. Upon retirement, Barbara and I returned to live in Millbrook. The thrill is in both the treasure and the chase. [2] As of January 1894, Thorne remained president of the National Switch and Signal Company. I retired in 2007, having successfully raised the profile of the Morgan as a public cultural institution. His winning steer the first time was a black Aberdeen Angus steer named Briarcliff Thickset. The Thorndale team travelled the country competing, and spent regular seasons in Millbrook, Wellington, Fl., and Sheridan, Wy.. Mr. Thorne was an avid fly fisherman, and some of his happiest times were spent casting into the waters of the Big Horn River in search of trout or the flats of the Turks and Caicos Islands where he pursued the elusive bonefish, which he aptly named The Grey Ghost. He also served on the board of Trout Unlimited, an organization that enlisted fly fishing enthusiasts in the cause of conservation. Oakleigh B. Thorne, a successful businessman, sportsman, and philanthropistknown for his quick wit and irreverent personality, died last week at his home in Millbrook, N.Y. He was listed on Forbes' 2008 list of the world's billionaires as #1014 with a net worth of $1.1 billion. [7] He became president of the American Angus Association, from 1929 to 1931. Oakleigh has made over 11 trades of the Gogo Inc stock since 2020, according to the Form 4 filled with the SEC. Categories . CHARLES PIERCE California, with its mix of do-no-evil billionaires and enterprising environmentalists, is well represented on the rich-leftist front. But now it has a bigger problem: farmers are revolting against restrictions on how they repair complex equipment. Oakleigh Thorne in Colorado We found 2 records for Oakleigh Thorne in Boulder and Denver. Appreciating the natural beauty of the outdoors is a fundamental element of the Millbrook way of life, says Drew Casertano, the schools headmaster. This particular Saturday, Massimo has invited former French footballer Youri Djorkaeff to join; the FIFA World Cup 2006 Champion T-shirt that Massimo is sporting makes it clear that he is taking the game seriously. Thorne currently serves as President and CEO of the company. One of Millbrooks biggest draws is the land preservation that has kept the area mostly free of commercial developments; there are no strip malls, no residential subdivisions and no Starbucks on Franklin Avenue, the towns main street. [12], He was 34 years old when he came to New York at vice president of the International Banking and Trust Company, in 1900. I have long been interested in this handsome building and so I met with Oakleigh Thorne to discover that he and I both shared a desire to use the Thorne Building to enrich the cultural, educational, social, and economic life of Millbrook. Words by Lin-Manuel Miranda, Illustration by Lisa Lok. Previous to Oakleigh's current city of Millbrook, NY, Oakleigh Thorne lived in Amenia NY. It reminded me of Tuscany, he says. oakleigh thorne billionaire. 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Top Achievers Thorne was serving as president of Trust Company of America when its main office on Wall Street was the target of a bank run starting on Wednesday, October 23, 1907, during the Panic of 1907. To create the list of limousine liberal hotspots, I started with an existing Forbes list of 64 hangouts of the moneyed class. The Thorne Building Planning Committee includes representatives from local arts groups, businesses, and philanthropic organizations, as well as educators, senior citizens, clergy, and elected officials from both the Village of Millbrook and the Town of Washington. Prior to joining Gogo, he was the Chief Executive Officer of Thorndale Farm LLC, the family office of the Thorne family. Oakleigh B. Thorne, a successful businessman, sportsman and philanthropist known for his quick wit and irreverent personality, died at the age of 88 last week at his home in Millbrook, N.Y. Most recently he exercised 130,000 units of GOGO stock worth $2,099,500 on 31 December 2022. . I am President and CEO of the Bank of Millbrook, President of George T. Whalen Real Estate and an executive with George T. Whalen Insurance. They respect the heritage, and theres a lot of interaction between the residents and weekenders, he says. I was a Professor of English literature at Vassar College, and in 1987, I was appointed Director of the Morgan Library and Museum in New York City. Chesebrough's Home", https://en.wikipedia.org/w/index.php?title=Oakleigh_Thorne&oldid=1078465299, Businesspeople from Poughkeepsie, New York, Pages using infobox person with multiple parents, Articles with unsourced statements from July 2017, Creative Commons Attribution-ShareAlike License 3.0, Businessperson, publisher, cattle breeder, Charlotte (Pearsall) Thorne, Edward Thomas Thorne, Two Grand Championships at the International Live Stock Exposition, This page was last edited on 21 March 2022, at 18:18. Find Oakleigh Thorne's phone number, address, and email on Spokeo, the leading online directory for contact information. There are a lot of dinner parties; people like to stay at home. When Massimo Ferragamo moved to New York in the early 1980s to helm the U.S. division of his familys company, he wanted a country home for weekends, and when a friend invited him to Millbrook for a shooting outing, he was sold. As President and Chief Executive Officer at Gogo Inc., Oakleigh Thorne made $3,345,530 in total compensation. Oakleigh Thorne, heir to a century-old fortune built on tax guidebooks, owns a square mile of cattle pastures here, or so it appears from tax assessment rolls. Though freshly sheared, most of the animals are huddled under a cluster of trees, searching for shade. As a longtime member of the Millbrook Arts Group, having the Thorne Building renovated and the auditorium available for concerts, plays and other artistic endeavors is extremely important to me. She has ten years of experience as the executive director of a residential summer camp in Oregon. [2] When that company was merged with the North American Trust Company, Thorne became the latter's vice president and later president. [28] In August 1919, Thorne had his ex-butler arrested on the charge of writing annoying letters to his daughter. By-Laws 199, Pine Plains; hammertown.com) was one of the first boutiques to sell Alicia Adamss alpaca knits. In 1980, Thorne retired to the family's estate, Thorndale, near Millbrook, though he remained chairman of the board of CCH until the family sold the company to Wolters Kluwer in 1996. W.O.S. Thorne. Luxury linens from Pratesi are the stuff dreams are made of. [2], Thorne was elected a director of Wells Fargo & Company on January 2, 1902. The perfect sweater, an unexpected Vegas getaway, a new pair of slippers and other things delighting our editors this season. Click here for the full list of millionaire towns for Obama. [20], On October 9, 1918, it was announced that Thorne had purchased Briarcliff Farms at Pine Plains, New York At the time, the property had 4,200 acres and had a herd of around 1,000 cows. Photo: Anne M. EberhardtEaton-Thorne's Notebook in 1988. Millbrook is all about sports and fun. On a more local level, Mr. Thorne was an avid beagler and supporter of the Millbrook Hunt (foxhounds). Reflects shares held by the Trust Under Will of O.L. [2] In 1900 he came to New York City as vice president of the International Banking and Trust Company, becoming president. The area has come to be known by some as the low-key Hamptonsa title its residents are quick to brush off. We name all of them, she says, pointing to the tags around their necks. The bucolic town has county roads, unspoiled land, a slower paceand a community that wants to keep it that way. [14] When he retired from the Trust Company of America, Thorne spent $500,000 purchasing the Corporation Trust Company of New Jersey. The End of a Bitter Fight - Companies' Struggle for a Local Franchise One of the Hardest in the City's History", "Thorne Sells Out to New Haven; He and M.J. Perry Sell Holding Company for Port Chester and Westchester Lines. On average, Oakleigh trades about 8,108 units every 26 days since 2013. These profiles of the Board members attest to the School's reach across business, government, and the nonprofit sector. Saratoga Springs, NY 12866, Overview The family . A visit confirmed what they had heard about the areas unspoiled land, scenic country roads, equestrian activities and family-friendly community with a sizable international crowd, so he and Alicia sold their house in Munich, packed up the kids and moved into a rental just south of the village of Millbrook. "[25], In 1916, Thorne ceased living at his home town at Park Avenue and 73 Street to live full-time in Millbrook, New York[2] at his Thornedale estate[26] with his family,[10] which remained the family's principal place of residence as of 1950.
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