Prominent horse owner, breed Ogden Mills "Dinny" Phipps dies

NEW YORK (AP) — Ogden Mills "Dinny" Phipps, a prominent American financier, thoroughbred owner and breeder, and former chairman of The Jockey Club, has died. He was 75.

The Jockey Club said Thursday he died Wednesday night at a New York hospital.

Under his direction, Phipps Stable campaigned many winners of top races, including 2013 Kentucky Derby winner Orb. He owned Orb in partnership with his cousin Stuart S. Janney III.

Phipps was the great grandson of Henry Phipps, the partner of the steel magnate Andrew Carnegie; the grandson of Henry Carnegie Phipps and Gladys Livingston Mills Phipps; and the son of Lillian Bostwick Phipps, who died in 1987, and Ogden Phipps, who died in 2002.

He was predeceased in 2007 by his sister, Cynthia Phipps.