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Vincent Astor
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==Interests== [[File:TimeMagazine6Feb1928.jpg|thumb|right|On the cover of ''[[Time (magazine)|Time]]'', February 6, 1928]] Like his father, Astor belonged to the New York [[Society of Colonial Wars]]. Having joined the [[United States Navy Reserve|U.S. Naval Reserve Force]] prior to America's entry to the [[First World War]], he was called to active duty on April 7, 1917, and was later promoted to [[Lieutenant]]. As executive officer aboard the armed yacht [[USS Aphrodite|USS ''Aphrodite'']] he saw service escorting convoys and was aboard when she struck a mine on January 10, 1919. Subsequently, Astor was made commodore of the [[New York Yacht Club]] from 1928 to 1930. Astor was interested in trains. In the early 1930s, he established an estate in [[Bermuda]] which included a private [[narrow-gauge railway]] and [[union station]] with the [[Bermuda Railway]]. The estate is now divided among several private owners, none of whom are part of the Astor family. As recently as 1992, the remains of some of his [[rolling stock]] were visible.<ref>{{Cite web | url=http://www.bermuda-attractions.com/bermuda_0002ca.htm |title = Vincent Astor and his Bermuda Estate}}</ref> In 1937, Astor became the chairman and chief stockholder of ''[[Newsweek]]'' magazine.<ref>[https://www.newsweek.com/newsweek-turns-82-307500 'Newsweek' Turns 82], ''Newsweek'' (February 17, 2015).</ref> From 1940 to 1959, the magazine was headquartered at the [[Six Times Square|Knickerbocker Building]], built by his father.<ref>''Architectural Guidebook to New York City'', Francis Morrone (Gibbs Smith: 2009), p. 199.</ref> Astor remained the principal owner until his death in 1959. Two years later, [[The Washington Post Company]] purchased a controlling stake (59%) of ''Newsweek'' magazine from the Vincent Astor Foundation for $8 million.<ref>Harrison E. Salisbury, [https://www.nytimes.com/1961/03/10/archives/washington-post-buys-newsweek-it-acquires-59-of-stock-from-astor.html WASHINGTON POST BUYS NEWSWEEK; It Acquires 59% of Stock From Astor Foundation for $8,000,000], ''The New York Times'' (March 10, 1961).</ref>
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