August Belmont Jr.

Biography

August Belmont Jr. carried forward the Belmont family’s banking house and played a pivotal role in shaping New York City’s civic infrastructure, guiding the Interborough Rapid Transit Company as it expanded the subway and ensuring that financial resources reached burgeoning public works.

His patronage of thoroughbred racing, the arts, and public charities left a lasting imprint on American society, a legacy still recalled by the Belmont Park racetrack and the philanthropic institutions he bolstered.