How much would Cornelius Vanderbilt be worth today?
How much would Cornelius Vanderbilt be worth today?
By the time of his death in 1937, estimates (if using his wealth as a percentage of US GDP) place his net worth in the range of $300 billion to $400 billion. Using the inflation model, in adjusted dollars for May 2022, his net worth would be $26.1 billion.
Who is the heir to the Vanderbilt fortune?
Shortly before his death in 1877, Vanderbilt donated US$1 million (equivalent to $25 million in 2021) for the establishment of Vanderbilt University in Nashville. The Commodore left the majority of his enormous fortune to his eldest son, William Henry Vanderbilt.
How much money did Cornelius Vanderbilt have at death?
In the 1860s, he shifted his focus to the railroad industry, where he built another empire and helped make railroad transportation more efficient. When Vanderbilt died, he was worth more than $100 million.
Was Vanderbilt the richest man in the world?
When he died, Vanderbilt’s estate was estimated to be worth $100,000,000. That was back in 1877. In today’s dollars, that would be approximately $2.3 billion, making him the richest man in America, at the time. But, in the early 1830s there were many very talented people who were building a new, prosperous nation.
