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Old 05-19-2018, 01:33 PM   #23
Pensacola Pete
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Join Date: Jan 2010
Posts: 729
Quote:
Originally Posted by DerbyJackpot View Post
When Secretariat ran you had this vision that the owner was this sweet charm lady and it was an amazing story.. Yes I know she was rich, but it wasn't talked about like today's rich owners are.
I wasn't aware that Penny Chenery was wealthy. She had to syndicate Secretariat for about $6 million in early 1973 so she could pay the Christopher Chenery's estate taxes. There's no telling what would have happened to her if that horse hadn't existed. I doubt she was ever in danger of missing her next meal, but my understanding was that her net worth circa 2010 was about $10 million, which is a nice piece of change, but hardly rich by today's standards.

You're correct about her being a sweet and charming person though. She was the epitome of class.
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