B. Wayne Hughes Fund

B. Wayne Hughes, the billionaire businessman and philanthropist who resurrected Spendthrift Farm and turned it into one of the leading stallion farms in North America, died Wednesday at his residence on the farm surrounded by his family. He was 87 years old. Born Bradley Wayne Hughes on Sept. 28, 1933, in the small town of Gotebo, OK, he was known by his middle name since childhood. The son of a sharecropper who fled Oklahoma's Dust Bowl and resettled in California shortly after he was born, Hughes grew up poor in...