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What is Penny Chenery Net Worth 2023: Overview, Interview

What is Penny Chenery Net Worth 2023 Overview, Interview

The horse Secretariat, who won the Triple Crown in 1973, was bred and raced by Penny Chenery, who is perhaps still best recognized for those activities. Penny has also served on the Thoroughbred Owners and Breeders Association’s board of directors.

Let’s know more about her and look at Penny Chenery net worth, records, career and more.

What is Penny Chenery’s Net Worth and Salary 2023?

What is Penny Chenery’s Net Worth and Salary 2023

Penny Chenery, the legendary owner of Thoroughbred racehorse Secretariat and winner of the 1973 Triple Crown, had an estimated net worth of $10 million. As a businesswoman and philanthropist, Chenery was highly successful in many ventures.

She started her career in marketing, working for various companies in her home state of Colorado before becoming one of the first female owners in the history of Thoroughbred racing.

Through the success of Secretariat, she helped to revolutionize the industry while also establishing herself as an influential figure in the racing world.

During the horse’s racing career, Chenery received a salary of $300,000, which she used to support the horse and its training. Additionally, Chenery was rewarded with a percentage of Secretariat’s winnings, allowing her to further invest in the horse’s success.

Penny Chenery Overview

Penny Chenery Overview

Early Life

Awarded athlete Helen Bates “Penny” Chenery Tweedy was born in New Rochelle, New York, on January 27, 1922.

She was reared in Pelham Manor, New York as the daughter of a utility investor and founder of Southern Natural Gas Company, Meadow Stable, and other utilities. She was the youngest of the family’s three children when she was born.

One of the factors contributing to Chenery’s deep affection for horses was the Caroline County thoroughbred racing and breeding facility known as The Meadow Stable. She attended the Madeira School, which had riding and horse stables, in McLean, Virginia.

She attended Smith College in Northampton, Massachusetts, after high school to study American history. After graduating, she spent her first few years as an assistant for the Gibbs and Cox Company, which created military equipment for the Normandy assault.

But following the invasion, she decided to leave her profession and join the Red Cross, and in 1945, she went to France to aid soldiers.

Career

She accepted her father’s offer to augment her study at the Columbia Business School after returning from her European trip; only 20 women were attending that year, compared to 800 men.

When her father became disabled, and his stable began losing money and degrading, Penny’s quiet life as a housewife and Red Cross fundraiser changed.

Chenery wanted to realize her father’s dream of winning the Kentucky Derby, so she quickly became the Meadow Stud board president and began making significant changes in the organization of the company.

The stable started to profit again, and in 1972 the colt Riva Ridge from Meadow Farm won the Kentucky Derby and Belmont Stakes.

Their two-year-old horse, Secretariat, also received the 1972 American Horse of the Year award simultaneously.

The young horse gained notoriety after winning the Triple Crown, which consists of the two events above plus the Preakness Stakes, for the first time in 25 years. Induction into the National Museum of Racing Hall of Fame was made for both of Penny’s horses.

Chenery was one of the first three women accepted to The Jockey Club in 1983 and has garnered numerous accolades. She got the Eclipse Award of Merit and presided over the Thoroughred Owners and Breeders Association from 1976 to 1984.

Her most recent accomplishment was receiving an Honorary Doctor of Laws degree from Randolph-Macon College in March 2011.

Personal Life

In her personal life, Penny has been married twice. Her first marriage lasted from 1949 until 1973 to John Tweedy, Sr., whom she met while attending Columbia Business School. Her second marriage to Lennart Ringquist resulted in the birth of four children.

Why is Penny Chenery famous?

The first New York-bred horse to win an Eclipse Award, Saratoga Dew, was bred by her. In 1992, Saratoga Dew won the award for the best 3-year-old filly.

The actress Diane Lane played her in the 2010 film “Secretariat.” In March 2011, she was awarded an honorary Doctor of Laws degree from Randolph-Macon College in Ashland, Virginia.

FAQs about Penny Chenery

FAQs about Penny Chenery

How much money was made off of Secretariat?

Secretariat finished first or second in 16 of his 21 career races, finished third once, and earned a total of $1,316,808.

What is Penny Chenery cause of death?

At her Boulder, Colorado home, Penny Chenery passed away on September 16, 2017, from complications following a stroke.

Who is Kate Chenery Tweedy husband?

She wed Lennart Ringquist, a film industry executive, in 1976; they divorced in 1980.

How old was Penny Chenery?

Penny Chenery age was 95 years old.

How tall was Penny Chenery?

Penny Chenery height was unknown.

What happened between Kate Tweedy and Seth Hancock?

The current predicament is widening the gap between young Seth Hancock and Penny Tweedy. It started the day Secretariat, and Riva Ridge touched down at Lexington’s Bluegrass Field. Mrs.

Tweedy was so enraged when she observed a huge throng of reporters outside the plane window that she decided to keep the horses on board until they dispersed. She eventually gave in, but not before being rude to those who sought in vain to question her.

Conclusion

Penny Chenery’s amazing accomplishments with Secretariat, and her impressive service on the Thoroughbred Owners and Breeders Association’s board of directors, have made her a well-known name in horse racing.

To learn more about her incredible life and career, let’s take a look at Penny Chenery’s net worth 2023, records, and more on Fidlarmusic!

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