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Joseph William Drexel

1833 – 1888

American banker

Banker Philanthropist Book collector
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About Joseph William Drexel

Lived 1833 – 1888 (aged 55). Joseph William Drexel was an American banker, philanthropist, book collector, director and bibliophile.

Joseph William Drexel (January 24, 1833 – March 25, 1888) was a banker, philanthropist, and book collector.

Early life and education Drexel was the son of Francis Martin Drexel (1792–1863) and Catherine Hookey (1795–1870). His siblings were Anthony Joseph Drexel (1826–1893) and Francis Anthony Drexel (1824–1885). Through his brother Francis, he was the uncle of Saint Katharine Drexel (1858–1955).

Drexel attended the Central High School in Philadelphia, and traveled through Spain, Egypt, Syria, Turkey, and Greece. trustee of the U.S. National Academy of Sciences, and director of the Metropolitan Opera house.

Collections

Drexel was an avid collector of music, eventually amassing a collection of over 6,000 items. Upon his death, the Drexel Collection was accepted by the Lenox Library.

Mount McGregor In 1881, Drexel acquired title to Mount McGregor near Saratoga Springs, New York. He constructed the Hotel Balmoral at the summit and built the Saratoga, Mount McGregor and Lake George Railroad narrow-gauge railway from Saratoga Springs. In 1885, Drexel loaned his private summer cottage on Mount McGregor to ex-president Ulysses S. Grant. Grant lived there for six weeks until his death and completed his memoirs. The cottage is now the Grant Cottage State Historic Site.

Personal life He married Lucy Wharton (1841–1912), the daughter of Thomas Lloyd Wharton (1799–1869) and Sarah Ann Smith (b. 1800) and great-granddaughter of Thomas Wharton Jr. Together, they had four children:

Katherine Drexel (1866–1918), who married Dr. Charles Bingham Penrose (1862–1925), the brother of U.S. Senator Boies Penrose, Spencer Penrose, Richard A. F. Penrose Jr. and the grandson of Charles B. Penrose, Solicitor of the United States Treasury, in 1892. They had two children. who married Eric Bernard Dahlgren Sr. (1866–1922), a son of John A. Dahlgren, and had eight children. Elizabeth Wharton Drexel (1868–1944), who married John Vinton Dahlgren (1869–1899), another son of John A. Dahlgren, in 1889, with whom she had one son who survived infancy. After his death, she married New York Society leader Harry Lehr (1869–1929). After Lehr's death, she married John Beresford, 5th Baron Decies (1866–1944) and thereafter was known as Lady Decies. Josephine Wharton Drexel (1878-1966), who married Dr. John Duncan Emmet (1857–1923), the great-grandson of prominent physician, Dr. Thomas Addis Emmet, in 1904. They divorced in 1914 and in 1915, she married Seton Henry (d. 1946), the son of Gen. Guy Vernor Henry and brother of Guy Henry Jr., with whom she had children. She was the maternal grandmother of actor Matthew Cowles.

Drexel died at his home, 103 Madison Avenue in New York City, on March 25, 1888. He had been suffering from Bright's Disease for a year and a half before then.

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Important facts

Birth century
Nationality
Positions held
President
Also known as
Joseph W. Drexel, Joseph Wilhelm Drexel, Joseph Drexel

Family & relationships

Child
Elizabeth Wharton Drexel
Child
Lucy Wharton Drexel
Parent
Francis Martin Drexel

People in Joseph William Drexel's life

Named in this biography and alive at the same time

Contemporaries

People whose lives overlapped Joseph William Drexel's

Frequently asked questions

Who was Joseph William Drexel?

American banker (1833–1888)

When was Joseph William Drexel born?

Joseph William Drexel was born on 24 January 1833 in Philadelphia.

When did Joseph William Drexel die?

Joseph William Drexel died on 25 March 1888 in New York City.

What was Joseph William Drexel's occupation?

Joseph William Drexel was a banker, philanthropist, book collector, director and bibliophile.

What nationality was Joseph William Drexel?

Joseph William Drexel was American.

Sources & further reading

· Wikipedia: Joseph William Drexel

· Wikidata: Q14566175

· DBpedia: Joseph William Drexel

Cite this page

APA: Biography.guide. (2026). Joseph William Drexel. https://biography.guide/joseph-william-drexel/

MLA: "Joseph William Drexel." Biography.guide, https://biography.guide/joseph-william-drexel/.

Chicago: "Joseph William Drexel." Biography.guide. https://biography.guide/joseph-william-drexel/.

Data last updated: 2026-09-23 · Spot an error? Report a correction.

Portrait: Wikimedia Commons · author & licence

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