Background
He was born on December 30, 1908 to August Belmont III (1882-1919) and Alice W. de Goicouria, he was a fourth generation banker and racehorse owner.
He was born on December 30, 1908 to August Belmont III (1882-1919) and Alice W. de Goicouria, he was a fourth generation banker and racehorse owner.
Harvard University.
A graduate of Harvard University, in 1931 August Belmont IV went to work for the securities firm of Bonbright & Company and remained in the industry for the rest of his working life. He was first married in 1931 to Elizabeth Lee Saltonstall of Boston with whom he had four children. In 1982, August Belmont IV became chairman of The Jockey Club.
A resident of Syosset on Long Island, New York, following his retirement from banking August Belmont IV made his home in Easton, Maryland where he died in 1995 at age eighty-six.
August Belmont IV followed a family tradition by becoming active as a racehorse owner.
However, his involvement was to a far lesser extent than his grandfather, August Belmont II, and his great-grandfather, August Belmont, founder of Belmont Park and for whom the third leg of the United States. Triple Crown series, the Belmont Stakes is named. Among his stakes race winners he owned alone or in partnerships were Dew Lincolnshire, Heed, Quadratic, and Caveat with whom he won the 1983 Belmont Stakes.