High Quality Content by WIKIPEDIA articles! Timothy Beach Blackstone (March 28, 1829 – May 26, 1900) was a 19th century railroad executive, businessman, philanthropist, and politician. He is descended from one of the earliest British settlers of New England, William Blaxton. Blackstone worked in the railroad industry for most of his life after dropping out of school. At the time of his death, his estate was worth US$6 million ($157.9 million today).