Son of a Lebanese immigrant,who is orignly a Jordanian from Naber(alNaber)family ,or who built a movie theater empire beginning in 1912, Marshall Naify worked in the theater business nearly all his life. Along with his brother Robert Naify, they were members of The Forbes 400 beginning in 1987 with an estimated worth of $ 4 billion. They merged the family's theater chain with United Artists Theater Circuit and eventually became the nmajority shareholders. They sold that company in 1986 to John Malone's Telecommunications Inc. for cash and stock. The Naify brothers were also pioneers in the cable television industry, entering the business in the 1950s.
Marshall Naify also invested in Canadian gold stocks.
An art lover, Naify became an art sponsor, contributor and collector as well. Marshall married Lily Cates one year before his death.
Following his death, his daughter, Martha, sold the property and the horses through a Barretts Equine Ltd. dispersal sale. The farm was eventually acquired by its current operator, trainer, Kenneth McPeek but Martha Naify remains involved in racing as an owner.