Payne Whitney (1876-1927)

(William) Payne Whitney, of 972 Fifth Avenue & "Greentree" Manhasset, New York

He inherited $63 million from his uncle (Oliver Hazard Payne) and $25 million from his father, using part of that inheritance to establish the now world-famous Payne Whitney Psychiatric Clinic. By the time he died in 1927, he was worth just under $179 million which The New York Times declared to be, "the largest estate ever appraised in this country". Most of his fortune was wrapped up in the stocks left to him by his uncle which had grown exponentially in just ten years. He lived between 972 Fifth Avenue and "Greentree" at Manhasset on Long Island's North Shore.

Parents

William Collins Whitney

William C. Whitney, of New York; U.S. Secretary of the Navy

1841-1904

Flora (Payne) Whitney

Mrs Flora (Payne) Whitney

1842-1893

Spouse

Helen (Hay) Whitney

Mrs Helen Julia (Hay) Whitney

1875-1944

Children

Joan (Whitney) Payson

Mrs Joan (Whitney) Payson, 1st President of the New York Mets Baseball Team

1903-1975

John Hay Whitney

U.S. Ambassador to the U.K., Publisher of the N.Y. Herald Tribune etc.

1904-1982