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Although he always occupied a relatively modest home, members of his family would use their wealth to build magnificent mansions. Shortly before his death in 1877, Vanderbilt donated US$1 million (equivalent to $29 million in 2023) for the establishment of Vanderbilt University in Nashville.
Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed "the Commodore", was an American business magnate who built his wealth in railroads and shipping. [1] [2] After working with his father's business, Vanderbilt worked his way into leadership positions in the inland water trade and invested in the rapidly growing railroad industry, effectively transforming the geography of the ...
Vanderbilt inherited a trust fund that was worth $5 million in 1925 (roughly $70 million today) after her father's death, and according to celebritynetworth.com, was worth $200 million at the time ...
Although this did not fully cover the $150,000 debt, Vanderbilt accepted the memorabilia as payment and wiped out the $150,000 debt owed by Grant. Vanderbilt later recouped Grant's other mortgaged war memorabilia, including the memorabilia given by Grant, and returned them to Ulysses S. Grant's wife, Julia Grant, after Grant's death in 1885.
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The Vanderbilts, one of America's wealthiest Gilded Age families, owned multiple opulent homes. The Breakers in Newport, Rhode Island, was their summer escape. Now a museum, the Breakers features ...
Biltmore Estate is a historic house museum and tourist attraction in Asheville, North Carolina, United States.The main residence, Biltmore House (or Biltmore Mansion), is a Châteauesque-style mansion built for George Washington Vanderbilt II between 1889 and 1895 [2] and is the largest privately owned house in the United States, at 178,926 sq ft (16,622.8 m 2) of floor space and 135,280 sq ft ...
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...