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The Vanderbilts were once the wealthiest family in the United States. Cornelius Vanderbilt was the richest American until his death in 1877. After that, his son William Henry Vanderbilt acquired his father's fortune, and was the richest American until his death in 1885
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [7] 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 ...
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 ...
5. Steve Ballmer. Net worth: $121 billion Gain since March 2023: +$40.3 billion Source of wealth: Microsoft The former Microsoft CEO saw his net worth climb as the company’s shares rose 63% over ...
Today, the company is still run by descendants of George Vanderbilt; the president and CEO is currently Bill Cecil Jr. [5] The company employs over 2,400 people who maintain the 8,000 acres of the Biltmore Estate, hotel, winery, restaurants and shops. [5] Biltmore House is the largest privately owned home in the United States.
Find out how much money he makes from the network and the Vanderbilt family. CNN reporter Anderson Cooper is one of the most prolific journalists in the world. Find out how much money he makes ...
Only 10% of family wealth makes it to the third generation, according to a landmark Williams Group wealth consultancy study reported by Reuters in 2015. But a handful of families throughout history...
There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended family or a historical "dynasty," where the wealth of a historically family-owned company or business like the Scudder family has become distributed between various branches of descendants, [3] usually ...