Allan A. Ryan Jr.
Allan Aloysius Ryan Jr. was an American financier and politician from New York.
Early life
He was born on July 4, 1903, in Manhattan, New York City, the son of Allan Aloysius Ryan and Sarah Ryan. His father was a son of Thomas Fortune Ryan, and was a stock broker like his father. Ryan Sr. speculated heavily on the stock exchange, went bankrupt in 1922, and was disinherited by his father.Ryan Jr. attended Canterbury School, and graduated from Princeton University in 1924.
Career
After graduating from Princeton, he worked in Wall Street, to learn the stock business from the bottom up. In 1928, he inherited a fortune from his grandfather, and opened an investment banking firm with Charles H. Sabin Jr.. He got a seat on the New York Stock Exchange in 1930.Ryan Jr. had a country estate in Rhinebeck and bred Aberdeen Angus cattle in Dutchess County. He was a member of the New York State Senate, representing the 28th district from 1939 to 1942, sitting in the New York State Legislature|162nd] and 163rd New York State Legislatures.
During World War II he became a major in the U.S. Army, and served with the Allied Military Government in Europe. After the war, he was chairman of the Board of the Royal Typewriter Company and, after a merger in 1954, became chairman of the Board of Royal McBee.
Personal life
On February 5, 1929, Ryan Jr. married Janet Newbold. Before they divorced in June 1936, they were the parents of:- Nancy Newbold Ryan, who married English journalist and novelist Alan Brien.
On May 29, 1941, Ryan was divorced from his wife Eleanor.
On August 5, 1941, he married Priscilla Duke, daughter of Congresswoman Katharine St. George and ex-wife of Angier Biddle Duke. Before they divorced on September 2, 1950, they were the parents of:
- Katharine Delano Ryan, who married American film and television producer Daniel Selznick.
He died on October 13, 1981, in New York Hospital in Manhattan. Allan is buried in Locust Valley Cemetery, Locust Valley, New York.