William Henry Vanderbilt III (November 24, 1901April 14, 1981) was Governor of Rhode Island and a member of the wealthy and socially prominent Vanderbilt family. Early life William Henry Vanderbilt III was born in New York City on November 24, 1901. He was the son of Alfred Gwynne Vanderbilt and Ellen "Elsie" French. Vanderbilt's father was a great-grandson of Cornelius Vanderbilt, who founded the family fortune in railroads and shipping. William Vanderbilt's parents divorced in 1908, and through his father's second marriage he had two half-brothers, Alfred Gwynne Vanderbilt Jr., and George Washington Vanderbilt III. In 1915, his father perished in the sinking of the RMS Lusitania. Education Vanderbilt was educated at St. George's School in Middletown, Rhode Island (Class of 1919) and the Evans School in Mesa, Arizona. He attended Princeton University but dropped out during his first year. In 1940, Vanderbilt received an honorary LL.D. from Bates College. Career First World War Shortly before the United States declared war on Germany during the First World War, Vanderbilt dropped out of St. George's School upon his appointment as a midshipman in the U.S. Naval Coast Defense Reserve to rank from March 20, 1917. As he was only 15 at the time, he was one of the youngest Americans to have served in the war. During his service in the Navy, Vanderbilt served on the torpedo test ship from April 17 to May 31, 1917, the Naval Torpedo Station in Newport from June 1, 1917 to March 7, 1918, aide for information Second Naval District from March 7 to July 15, 1918, in Norfolk, Virginia from July 23 to September 16, 1918, New London, Connecticut from September 19 to November 14, 1918 and as a plank owner of the newly commissioned destroyer from November 11, 1918 to August 30, 1919. While serving on the Evans, Vanderbilt went on a cruise to Europe from June to August 1919. He was discharged from the Navy shortly after the end of the cruise, having not yet reached his 18th birthday. Inheritance When he turned 21, the then legal age of majority, in 1922, Vanderbilt inherited a $5 million trust fund plus the 450 acre (1.8 km²) Oakland Farm in Portsmouth, Rhode Island, one of his father's estates that included a number of thoroughbred horses. He made the farm his permanent home until the end of the Second World War. The Short Line In