John Ringling - Decline in Later Life

Decline in Later Life

Ringling’s health soon began to fail and the Great Depression (which gripped the nation almost as soon as he acquired the American Circus Corporation) dealt a severe financial blow to the John Ringling empire. He lost virtually his entire fortune, but was able to retain his home, the museum, and his extensive art collection. His wife, Mable, died in June 1929 and he remarried on June 19, 1930 to Emily Haag Buck in Jersey City, New Jersey.

Ringling was voted out of control of the business in 1932 by its board of directors and Sam Gumpertz was placed in corporation.

John and Emily Haag Buck divorced on July 6, 1936.

Read more about this topic:  John Ringling

Famous quotes containing the words decline and/or life:

    My opposition [to interviews] lies in the fact that offhand answers have little value or grace of expression, and that such oral give and take helps to perpetuate the decline of the English language.
    James Thurber (1894–1961)

    I notice well that one stray step from the habitual path leads irresistibly into a new direction. Life moves forward, it never reverses its course.
    Franz Grillparzer (1791–1872)