Garret Wellesley, 7th Earl Cowley
Garret Wellesley, 7th Earl Cowley, was an English-American banker.
Early life
Wellesley was born in Nevada on 30 July 1934. He was the son of actor Arthur Wellesley, 4th Earl Cowley, and his second wife, Mary Elsie Himes. Before his birth, his father had sold Draycot House and the Draycot Estate in 1920, at which time it encompassed 4,320 acres. His parents met while his mother "was working as a hat check girl at a road house near Reno" and was divorced from Joseph T. Himes of San Francisco three weeks before their wedding. In 1935, a forest fire raging over the foothills of the Sierra Nevada threatened his parents' ranch, known as Wellesley Ranch, in Lakeview, about five miles north of Carson City, Nevada.From his father's first marriage to actress Mae Picard, he had an elder half-brother, Denis Wellesley, 5th Earl Cowley, who succeeded to their father's titles upon his death in 1962. His paternal grandparents were Henry Wellesley, 3rd Earl Cowley, and his first wife, Lady Violet Nevill.
He graduated from the University of Southern California in Los Angeles in 1957 and received an MBA at Harvard Business School in 1962.
Career
After USC, Wellesley spent three years in the Counterintelligence Corps of the U.S. Army. After obtaining his MBA, he began a career in finance and banking, working as an investment analyst with Wells Fargo between 1962 and 1964, an investment counsellor with Dodge & Cox from 1964 to 1966, vice-president and investment counsellor with Thorndike, Doran, Paine & Lewis from 1967 to 1969 and a senior vice-president with Shareholders Capital Corporation between 1969 and 1974.In 1975, he unexpectedly succeeded to his title after his nephew Richard died aged just 29. He continued to work in finance as group vice-president with Bank of America in London, between 1978 and 1985 and then as independent financial advisor between until 1990 before becoming an investment partner with Thomas R. Miller & Son in Bermuda. He also took his seat in the House of Lords.
Personal life
Lord Cowley was married four times. His first marriage was on 16 September 1960 to Elizabeth Suzanne Lennon, a daughter of Haynes Lennon of South Carolina. Before their divorce in 1966, they were the parents of two children:- Lady Elizabeth Tara Lennon Wellesley, an artist.
- Garret Graham Wellesley, 8th Earl Cowley, who co-founded the peer-to-peer lending firm Wellesley & Co.; he married Claire L. Brighton, only daughter of Peter W. Brighton of Stowbridge, in 1990.
- Lady Sarah Paige Wellesley, who married Frank Mosier, eldest son of Frank Mosier of Saratoga, New York.
Lord Cowley died on Friday, 17 June 2016, after a short illness. His funeral was held in London and he was succeeded in the title by his son, Graham.