P.M.
Managing
Director
01.02.2026
We don't just find properties. We create opportunities.
Before politicians, celebrities and business titans traveled the world by private jet, they traveled by private train. President Franklin Delano Roosevelt had a private car specially outfitted during World War II. The actor Cary Grant is said to have courted the Woolworth heir Barbara Hutton aboard a private car. The Catholic Church even had one for a U.S.-based cardinal. But, as the 20th century advanced, passenger rail gave way to car and plane travel. Postwar America began to travel differently, and so too did the rich and famous, who eschewed train cars for private planes. Private rail travel disappeared.
Spotting me in line, Mr. Henry, 74, waved me under a barricade and then guided me through Union Station’s dark bowels to his crisply painted blue-and-white cars. U.S. and Texas flags hung on the rear car’s back platform. Amtrak had already hooked the cars onto the back of the train. As I climbed the stairs, Mr. Henry’s onboard manager, Olivia Estrada, greeted me and took my drink order.
Mr. Henry named his first two cars, purchased as a pair in 2004 for $900,000, after his parents: Warren R. and Evelyn Henry. He recently added a 1954 Pullman named Santa Fe — the railroad for which his father worked for 41 years. He declined to share what he paid, but a car immediately ready for Amtrak typically costs around $1 million. Maintenance costs Mr. Henry $60,000 annually on the domed Warren R. Henry car, and $40,000 for each of his two other cars, which are sleepers.
