Marshall Naify

From Wikipedia, the free encyclopedia

This article may require cleanup to meet Wikipedia's quality standards.
Please improve this article if you can. (January 2008)

Marshall Naify (March 23, 1920 – April 19, 2000) was a motion picture and media billionaire who was a long-term chairman of the board of United Artists and later co-chairman of the board of Todd-AO, a Hollywood production company which worked on Apollo 13 and other major films.

Son of a Lebanese immigrant,who is orignly a Jordanian from Naber(alNaber)family ,or who built a movie theater empire beginning in 1912, Marshall Naify worked in the theater business nearly all his life. Along with his brother Robert Naify, they were members of The Forbes 400 beginning in 1987 with an estimated worth of $ 4 billion. They merged the family's theater chain with United Artists Theater Circuit and eventually became the nmajority shareholders. They sold that company in 1986 to John Malone's Telecommunications Inc. for cash and stock. 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.^{[citation needed]}

An art lover, Naify became an art sponsor, contributor and collector as well. Marshall married Lily Cates one year before his death.^{[citation needed]}

[edit] Thoroughbred horse racing

Marshall Naify owned and raced Thoroughbred horses. In 1991 he acquired a 265-acre (1.07 km²) farm near Lexington, Kentucky. Formerly known as Pillar Stud, he renamed it 505 Farms and raced under that name. The best-know of his horses was Bertrando, owned in partnership with Ed Nahema. Bertrando was a multiple Grade I winner and the 1993 American Champion Older Male Horse.

Following his death, his daughter sold the property and the horses through a Barretts Equine Ltd. dispersal sale. [1] The farm was eventually acquired by its current operator, trainer, Kenneth McPeek.