Everything about James R Keene totally explained
James Robert Keene born
1838 -
January 3,
1913 was a
Wall Street stock broker and a major
thoroughbred race horse owner and
breeder.
Born in
London,
England he was fourteen years of age when his family emigrated to the
United States. As a young man, James R. Keene made a fortune through shrewd investments in
California and Nevada mining companies and was eventually appointed president of the
San Francisco Stock Exchange.
Wanting to expand his business opportunities, in 1876 he relocated to the heart of the country's financial center in
New York City. While living there, he became interested in horse racing and began investing heavily in a stable of
Thoroughbred race horses. His
colt Spendthrift won the 1879
Belmont Stakes, and after
Pierre Lorillard had shipped some of his American-bred horses to race in
England and became the first American owner to win the
Epsom Derby, James R. Keene followed suit. In 1881, his horse Foxhall, named for his son, became the first American horse to win the
Grand Prix de Paris, then the most important race in
France. The following year Foxhall won England's
Ascot Gold Cup.
However, in 1884 huge losses in the
Chicago grain market cost James R. Keene everything he owned, leaving him with nothing but heavy debts. He began a remarkable comeback a few years later after being hired by Wall Street investor William Havemeyer to manage a stock fund. Such were his talents at market manipulation that he was soon engaged by
J.P. Morgan and
William Rockefeller to manage funds for them and Keene emerged once again as a wealthy and powerful force in the New York financial community.
By 1891 James R. Keene was back to investing in race horses and his
Castleton Farm near
Lexington, Kentucky became one of the most important breeding operations in the history of American
horse racing. In the early 1890s, Keene bought over forty English mares and shipped them to Castleton for breeding. Keene hired his brother-in-law, Major Foxhall Daingerfield, to run Castleton Farm and for his racing stable he hired
James G. Rowe, Sr. as trainer. He returned to racing in England, this time involving his son Foxhall R. Keene in the racing stable. Their
filly Cap and Bells II won the 1901
Epsom Oaks. In 1908, London Sportsman Magazine wrote that Keene possessed, "the greatest lot of race horses ever owned by one man."
James R. Keene bred
National Museum of Racing and Hall of Famer
Kingston and owned
Domino, as well as breeding and owning future Hall of Famers
Colin,
Peter Pan,
Commando,
Maskette, and
Sysonby. Keene owned six
Belmont Stakes winners but at a time when transporting horses south to other racetracks via railroad was a long, costly, and often risky venture, he never entered his horses in the
Kentucky Derby, and won the
Preakness Stakes only once.
James R. Keene died in 1913 and was interred in
Woodlawn Cemetery in
The Bronx. He was vice-Chairman of
The Jockey Club at the time of his passing. In 1938 his son
Foxhall P. Keene published his biography titled "
Full Tilt."
In 1863 he married Sara Jay Daingerfield with whom he'd son Foxhall and a daughter, Jessica. Sara Keene died in 1916 and is interred in Woodlawn Cemetery next to her husband. They are the great-great grandparents of actor Michael Daingerfield.
Preakness Stakes winner:
Belmont Stakes winners:
1879 : Spendthrift
1901 : Commando
1904 : Delhi
1907 : Peter Pan
1908 : Colin
1910 : SweepFurther Information
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