On Isinglass, he also won the 1894 Eclipse and 1895 Ascot Gold Cup and he had another top class win on Desmond in Newmarket's July Stakes in 1898.

[2][3] He was regarded as the best of a family of four jockey brothers which included fellow Classic-winner, Sam Loates.

Loates once narrowly escaped death when falling in the Liverpool Cup on Lord Derby's race mare Birch Rod.

A low point for Loates came in 1891 when his licence to ride was withdrawn by the Jockey Club for his involvement in betting, but he was reinstated the following year.

[3][5][6] It was believed he had amassed this phenomenal sum ($31.8 million in 2013 prices[7]) because his later employer was the financier Leopold de Rothschild who looked after his investments.