Background
Son of a Lebanese immigrant, who was originally a Jordanian from the al-Naber family, Naify built a movie theater empire beginning in 1912.
Son of a Lebanese immigrant, who was originally a Jordanian from the al-Naber family, Naify built a movie theater empire beginning in 1912.
Marshall Naify worked in the theater business nearly all his life. They merged the family"s theater chain with United Artists Theater Circuit and eventually became the majority shareholders. The Naify brothers were also pioneers in the cable television industry, entering the business in the 1950s.
Marshall Naify also invested in Canadian gold stocks.
An art lover, Naify became an art sponsor, contributor and collector. Marshall Naify owned and raced Thoroughbred horses.
In 1991 he acquired a 265-acre (107 km2) farm near Lexington, Kentucky. Formerly known as Pillar Study, he renamed it 505 Farms and raced under that name.
The farm was eventually acquired by its current operator, trainer, Kenneth McPeek but Marsha Naify remains involved in racing as an owner.