August Belmont

August Belmont Sr. was a German-American financier, diplomat, and Democratic Party politician. As chair of the Democratic National Committee from 1860 to 1872, during a period of turmoil and reconciliation for the party following the American Civil War, Belmont was one of the longest serving party leaders in American history. During his life, he was one of the wealthiest men in the United States. He was also a thoroughbred racehorse owner and the founder and namesake of the Belmont Stakes, the third leg of the Triple Crown of American Thoroughbred horse racing.