Harry Yeaggy
Harry Yeaggy | |
|---|---|
| Born | 1946 |
| Occupation(s) | Financier, automotive enthusiast |
| Known for | Co-owner of Union Savings Bank; automotive collector |
Harry Yeaggy (born 1946) is an American financier and automotive enthusiast.
Together with Louis Beck, Yeaggy co-owns Union Savings Bank based in Cincinnati, along with Guardian Savings Bank, a U.S. Bancorp subsidiary. The two men, born just days apart in the same hospital, formed their business partnership during the 1980s. In 2008, Yeaggy joined the board of Janus Hotels & Resorts following its merger with Beck Hospitality, where he holds a significant equity position and has served as chief operating officer.
His private automobile collection, housed in Ohio, is well-regarded yet kept relatively private; in 2008, he acknowledged seldom inviting guests to view it. In 2022, Yeaggy was involved in a legal dispute with the Ohio Board of Tax Appeals concerning sales tax obligations, which concluded with a judgment against him for $950,000 plus additional penalties. The board highlighted that his vehicles are primarily utilized to enhance his business image rather than for resale purposes.
Yeaggy’s collection comprises 25 vehicles, managed under a buy-one-sell-one approach to ensure each new acquisition exceeds the previous one in value or significance. His collecting journey began after restoring a 1937 Packard, and he holds a particular preference for Duesenberg automobiles, which he considers the "finest American car ever produced." His garage was showcased in an April 2008 issue of Autoweek magazine—a feature he described as a long-held ambition.
Notable automobiles owned by Yeaggy
Among the distinguished vehicles in Yeaggy's possession are:
The Mormon Meteor, which earned Best of Show honors at Pebble Beach in August 2007.
In 2010, Yeaggy acquired the Aston Martin DB5 famously driven by Sean Connery in Goldfinger and Thunderball at an RM Auctions event in London for £2.6 million. He intended to drive this rare automobile in London, noting it is one of only two surviving DB5s from the films.
In 2006, he purchased a 1956 Cadillac parade vehicle that was used by presidents Dwight Eisenhower, John F. Kennedy, and Lyndon Johnson for $400,000. This car is believed to have been positioned behind Kennedy’s limousine during the assassination. Additionally, Yeaggy owns a 1962 "bubbletop" Lincoln that was also used by Kennedy.
He formerly owned the 1956 Chevrolet Corvette C1 SR known as "The Real McCoy," which finished ninth at the 12 Hours of Sebring race in 1956 with drivers John Fitch and Walt Hansgen; this car was sold around 2011.
His collection includes the No. 1076 Ford GT40, one of three vehicles that shared first place at the 1966 Le Mans 24 Hours race.
In 2002, Yeaggy paid $4.2 million for the Shelby Grand Sport Cobra chassis number 001 equipped with a 427 "big block" engine.
By 2008, his inventory featured a Ferrari F40, F50, and Ferrari Enzo. He also owns a 1967 Ferrari 412 P, which was once exhibited at the Cincinnati Art Museum.
His 1929 Duesenberg J/SJ Convertible won Best in Show at the 23rd Amelia Island Concours d'Elegance in 2018. This vehicle was restyled by Bohman & Schwartz and had previously belonged to Edward Beale McLean.
References
- 1946 births
- Living people
- Individuals from Ohio in the 21st century
- Individuals from Ohio in the 20th century
- Living persons with unknown birth date
- Living persons with unknown birthplace
- Collectors of American automobiles
- Bankers from the United States
- Cincinnati-based business professionals
- American bankers