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    • Mismanagement, family disputes, and changing economic conditions

      • The Vanderbilt fortune declined due to a combination of factors including mismanagement, family disputes, and changing economic conditions. Poor financial decisions, lavish spending, and unsuccessful investments also contributed to the erosion of the family’s wealth.
      www.thestockdork.com/how-did-the-vanderbilts-make-their-money/
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  2. Jan 29, 2021 · At the time of his death in 1877, his fortune was valued at $100 million (equal to nearly $2.5 billion today, via the Official Data Foundation), which was more money than was held in the U.S. Treasury at the time, according to Forbes.

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      The rumor was given legs when a 1959 book World Beneath The...

  3. Jul 3, 2024 · Between 1877, when his father died, and William Henry's own death in 1885, the Vanderbilt 's fortune increased from $100 millionmore than that of the U.S. Treasury—to over $200 million because of William Henry's business efforts.

  4. The Familys Declining Business Fortunes. As the various Vanderbilts went about their business, spending the vast fortune accumulated by the Commodore and his eldest son, few of them paid close attention to the sources of that fortune.

    • how did the vanderbilt family lose their entire fortune 500 business1
    • how did the vanderbilt family lose their entire fortune 500 business2
    • how did the vanderbilt family lose their entire fortune 500 business3
    • how did the vanderbilt family lose their entire fortune 500 business4
    • how did the vanderbilt family lose their entire fortune 500 business5
  5. Young Billy did his best: he inherited the family's 87% stake in New York Central and expanded the business, reportedly doubling the family fortune to over $200 million.

  6. Aug 27, 2023 · Slowly but surely, the Vanderbilt fortune was being dwindled away. By the time the 1920s rolled around, new federal taxes began to take a toll on the family’s wealth. During the Depression, properties were sold off and torn down in an attempt to gain back any of the lost riches.

  7. Jun 1, 2015 · At one point, Cornelius Vanderbilt was worth more than the US Treasury. So how did his family end up virtually penniless, just a few generations later?

  8. The family's fortune was created by Commodore Vanderbilt, who at the time of his death in 1877, left an estate worth over $100m. Estimates put that amount of money as an equivalent of around $200bn[1].

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