Harry T. Mangurian, Jr.
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Harry T. Mangurian Jr. (October 1, 1926 – October 19, 2008) was an American businessman and philanthropist.


Early life

Mangurian was born to an
Armenian Armenian may refer to: * Something of, from, or related to Armenia, a country in the South Caucasus region of Eurasia * Armenians, the national people of Armenia, or people of Armenian descent ** Armenian Diaspora, Armenian communities across the ...
immigrant Harry Sr. and his wife Ethel Roberts of Rochester, New York. Following the outbreak of World War II, as soon as he reached the legal age Mangurian enlisted in the
United States Navy The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States. It is the largest and most powerful navy in the world, with the estimated tonnage ...
. He served in the Pacific Theater of Operations 1943–1946. Following his discharge, Mangurian returned home to work in the family's retail furniture business which he would build into a national chain. Following an
IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
he eventually merged the business with General Portland cement company. He also acquired First National Bank of Rochester, serving as chairman of the board of directors. Taking up residence in
Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...
, in 1969 he purchased the jet charter company, Southeastern Jet Corporation, a business he operated for more than thirty years. His Drexel Investments, a real estate construction and leasing firm, is based in
Fort Lauderdale A fortification is a military construction or building designed for the defense of territories in warfare, and is also used to establish rule in a region during peacetime. The term is derived from Latin ''fortis'' ("strong") and ''facere'' ...
.


Sports teams ownership

In 1977, Mangurian became a partner in the
Buffalo Braves The Buffalo Braves were an American professional basketball franchise based in Buffalo, New York. The Braves competed in the National Basketball Association (NBA) as a member club of the league's Eastern Conference Atlantic Division from 1970 ...
of the
National Basketball Association The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United St ...
(NBA), buying out the share of Paul Snyder, who had owned the team for five years but was facing public feuds with the other sports teams using
Buffalo Memorial Auditorium Buffalo Memorial Auditorium, colloquially known as The Aud, was a multipurpose indoor arena in downtown Buffalo, New York. Opened on October 14, 1940, it was home to the Canisius Golden Griffins (NCAA), the Buffalo Bisons ( AHL), the Buffalo Bis ...
. At the end of the 1978 season, by which point he had effectively dismantled the team in a successful effort to break the Braves' lease on the Aud, he and his partner John Y. Brown Jr. negotiated a franchise swap of the Braves team for the Boston Celtics. After one season, Mangurian bought out Brown and as the franchise's owner saw the Celtics sign stars
Larry Bird Larry Joe Bird (born December 7, 1956) is an American former professional basketball player, coach, and executive in the National Basketball Association (NBA). Nicknamed "the Hick from French Lick" and "Larry Legend", Bird is widely regarded a ...
, Kevin McHale and Robert Parish. In the
1980–81 Boston Celtics season In 1980–81 the Boston Celtics went 62-20 under coach Bill Fitch. Despite losing center Dave Cowens to retirement late in training camp, the Celtics went on to capture the 1981 NBA Championship over the Houston Rockets. The highlight was that ...
, his team won the
NBA Championship The NBA Finals is the annual championship series of the National Basketball Association (NBA). The Eastern and Western Conference champions play a best-of-seven game series to determine the league champion. The team that wins the series is awa ...
. In 1983, he sold the club due to poor relations with
Delaware North Delaware North is a global food service and hospitality company headquartered in Buffalo, New York. The company also operates in the lodging, sporting, airport, gambling, and entertainment industries. The company employs over 55,000 people worl ...
, owner of the
Boston Garden The Boston Garden was an arena in Boston, Massachusetts. Designed by boxing promoter Tex Rickard, who also built the third iteration of New York's Madison Square Garden, it opened on November 17, 1928, as "Boston Madison Square Garden" (lat ...
. Mangurian also became involved with the North American Soccer League (NASL) as part of the ownership of the
Memphis Rogues The Memphis Rogues were a professional soccer team in the former North American Soccer League. They operated in the 1978, 1979, and 1980 seasons and played their home games in Memphis' Liberty Bowl Memorial Stadium. They also played indoor ...
.


Thoroughbred horse racing

After becoming involved in horse racing in 1966, in 1970 he acquired the former Tartan Farms in
Ocala Ocala ( ) is a city in and the county seat of Marion County within the northern region of Florida, United States. As of the 2020 United States Census, the city's population was 63,591, making it the 54th most populated city in Florida. Home to ...
. Renamed Mockingbird Farm, he oversaw its development into a major
Thoroughbred The Thoroughbred is a horse breed best known for its use in horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are ...
breeding and racing operation. He notably raced two-time
Eclipse Award The Eclipse Award is an American Thoroughbred horse racing award named after the 18th-century British racehorse and sire, Eclipse. An Eclipse Award Trophy is presented to the winner in each division that is made by a few small selected American ...
winner,
Desert Vixen Desert Vixen (1970–1982) was an American Thoroughbred racehorse. She was the leading American filly of her generation, winning an Eclipse Award at the ages of both three and four. She was later inducted into the U. S. Racing Hall of Fame. Ra ...
. In 1979, the filly was inducted in the National Museum of Racing and Hall of Fame. Mangurian also notably owned Valid Appeal, who went on from a career in racing to become a successful sire at
stud Stud may refer to the following terms: Animals * Stud (animal), an animal retained for breeding ** Stud farm, a property where livestock are bred Arts and entertainment * Stud (band), a British progressive rock group * The Stud (bar), a gay ba ...
in Florida. Mangurian was a member of
The Jockey Club The Jockey Club is the breed registry for Thoroughbred horses in the United States and Canada. It is dedicated to the improvement of Thoroughbred breeding and racing and fulfills that mandate by serving many segments of the industry through its s ...
, the Thoroughbred Club of America, Inc., and served on the board of directors of the
Breeders' Cup The Breeders' Cup World Championships is an annual series of Grade I Thoroughbred horse races, operated by Breeders' Cup Limited, a company formed in 1982. From its inception in 1984 through 2006, it was a single-day event; starting in 2007, ...
. He also served on the board of the Florida Thoroughbred Breeders' and Owners' Association (F.T.B.O.A.) for thirty years and founded the Ocala Breeders' Sales Company. Mangurian bred 1992
Breeders' Cup Juvenile The Breeders' Cup Juvenile is a Thoroughbred horse race for 2-year-old colts and geldings raced on dirt. It is held annually in late October or early November at a different racetrack in the United States or Canada as part of the Breeders' Cup W ...
winner,
Gilded Time Gilded Time (6 February 1990 — 7 December 2021) was an American Thoroughbred racehorse and sire. He was a leading American two-year-old in 1992, and at the end of the season was voted American Champion Two-Year-Old Colt at the Eclipse Awards. ...
and was named 1988 and 2000 Breeder of the Year by the Thoroughbred Owners' and Breeders' Association In 1995, Mangurian was inducted in the Calder Race Course Hall of Fame. In 2002, he received the national
Eclipse Award of Merit The Eclipse Award of Merit is part of the American Eclipse Awards in Thoroughbred horse racing. The industry's highest honor, it is presented to an individual or entity displaying outstanding lifetime achievement in, and service to, the Thoroughbre ...
, the American Thoroughbred horse racing industry's highest honor. In his mid-seventies, Mangurian cut back on his racing activities. In 2000, he sold Mockingbird Farm (now Winding Oaks Farm) and dispersed virtually all of his breeding stock. In 1999, Mangurian established a private foundation for philanthropic purposes. After the
September 11 attacks The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commer ...
on the United States, his initial million dollar donation to the "New York Heroes Fund" helped inspire fellow horsemen such as
Sheikh Mohammed bin Rashid Al Maktoum Sheikh Mohammed bin Rashid Al Maktoum ( ar, محمد بن راشد آل مكتوم, links=no; ; born 15 July 1949) is the vice president, prime minister, and minister of defence of the United Arab Emirates (UAE) as well as the ruler of Dubai. ...
to contribute millions to that cause.Chicago Barn to Wire information on NTRA charities and the "New York Heroes Fund"Archived copy
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References


Harry T. Mangurian Jr. at the NTRA
{{DEFAULTSORT:Mangurian, Harry T. Jr. 1926 births 2008 deaths American aviation businesspeople American bankers American construction businesspeople American people of Armenian descent Philanthropists from New York (state) American racehorse owners and breeders American real estate businesspeople Boston Celtics executives Boston Celtics owners Eclipse Award winners Buffalo Braves owners Businesspeople from Rochester, New York National Basketball Association executives National Basketball Association owners North American Soccer League (1968–1984) executives Basketball people from New York (state) 20th-century American philanthropists 20th-century American businesspeople United States Navy personnel of World War II