William T. Young (February 15, 1918 – January 12, 2004) was an American businessman and major owner of thoroughbred racehorses. William T. Young attended the University of Kentucky where he was a member of the Sigma Alpha Epsilon fraternity. Young graduated with high distinction in 1939 with a Bachelor of Science in mechanical engineering. After a short employment with Bailey Meter in Cleveland, Ohio, he served as a captain in the United States Army from 1941 to 1945.