How much is Vanderbilt family worth today?
How much is Vanderbilt family worth today?
When Cornelius Vanderbilt (the Commodore) passed away in 1877, he left the majority of his fortune valued at $95,000,000 to his oldest son. In today’s dollars, this fortune would be worth around $2.1 billion. He left smaller amounts to all of his other children.
Is the Vanderbilt family still wealthy?
It didn’t matter that The Commodore has left an enormous fortune for his family. None of the descendants maintain the wealth in the end. Nobody from the Vanderbilt family made it into the wealthiest people in the United States.
How much was Cornelius Vanderbilt II worth?
His philanthropy had been such that he did not increase the wealth that had been left to him. His estate at the time of his death was appraised at $72,999,867, $20 million of which was real estate. $73 million is equivalent to $2.38 billion in 2021 dollars.
Why did the Vanderbilts lose their fortune?
It was the third generation who stopped growing the fortune: William’s extensive philanthropy and spending left an estate reportedly worth the amount he had inherited in 1885 when his father died.
