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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
The Vanderbilts, Whitneys, Rockefellers and Warburgs were notable investors in private companies in the first half of the century. In 1938, Laurance S. Rockefeller helped finance the creation of both Eastern Air Lines and Douglas Aircraft and the Rockefeller family had vast holdings in a variety of companies.
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.
Trending Now: 4 Genius Things All Wealthy People Do With Their Money Here’s a look at the 10 billionaires whose net worths soared the most in 2024. Andrew H. Walker / Shutterstock
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Forbes recently released its list of the 400 richest people in America in 2024 and 10 of those billionaires hail from Georgia. These people made their fortunes across a variety of industries ...
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 ...
It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index. The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1]