Russell Sage
Russell Risley Sage (August 4, 1816 – July 22, 1906) was an American financier, railroad executive and
Whig politician from
New York, who became one of the
richest Americans of all time. As a frequent partner of
Jay Gould in various transactions, he amassed a fortune.
Olivia Slocum Sage, his second wife, inherited his fortune, which was unrestricted for her use. In his name she used the money for philanthropic purposes, endowing a number of buildings and institutions to benefit women's education: she established the
Russell Sage Foundation in 1907 and founded the
Russell Sage College for women in 1916.
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