How the Vanderbilt heirs spent $300B in 50 years (collaborativefund.com) 2 points by jayalammar 4y ago ↗ HN
[–] paulpauper 4y ago ↗ Cornelius Vanderbilt left his heirs the inflation-adjusted equivalent of something like $300 billion. Within 50 years it was gone.Nope not even close. He died in 1877 with a net worth of $100 million . This is $2.7-$3 billion todayAlso he had a large family, as was common in the day, which diluted the wealth fast. [–] jayalammar 4y ago ↗ Oh wow. Yeah that's way off.
2 comments
[ 0.22 ms ] story [ 19.2 ms ] threadNope not even close. He died in 1877 with a net worth of $100 million . This is $2.7-$3 billion today
Also he had a large family, as was common in the day, which diluted the wealth fast.