Everit's father, Josiah Macy Jr., sold out to the Standard Oil trust and served on that company's board.

At the death of his father in 1876, the five-year-old V. Everit Macy inherited over $20 million (approximately $354,884,000 today).

He received his undergraduate degree from the Columbia Graduate School of Architecture, Planning and Preservation with the class of 1893.

[7][8] Macy died in a Phoenix, Arizona hotel on March 21, 1930, two days before his 59th birthday.

[1] His home at Tannersville, New York, known as Hathaway, was listed on the National Register of Historic Places in 2008.