who's gonna send AndERson CoopERa good morning 4 year Q delta Tweet?
all pb
>[R]
>or [E]
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R 18
E 5
>185 billion
1885
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185billion dollaes
The Vanderbilt family fortune was once equal to $185 billion
As a well-known journalist and author, Cooper has a net worth of about $50 million, according to CelebrityNetWorth.com. Although that's a good amount of money, it's a far cry from Commodore Vanderbilt’s net worth, which is estimated to have been equal to $185 billion at the time of his death in 1877.
Commodore Vanderbilt grew the family fortune from humble beginnings. As a child, Commodore could barely read and write. He dropped out of school when he was just 11 years old. At age 16, he borrowed money from his mother to buy a small boat. That single boat would eventually become an entire fleet of steamships, and a railroad empire would follow.
When Commodore died, he left most of his fortune to his oldest son, William Henry Vanderbilt. In just eight years, William doubled the fortune.
Vanderbilt heirs squandered the fortune
After William died in 1885, family members who inherited the fortune started squandering it. By the early 1970s, none of the 120 Vanderbilt descendants had even a million dollars to their name.
“I am a big believer in the corrosive effects, the cancerous effects of that kind of money,” Cooper told The Washington Post in an Oct. 14, 2021, interview. “I mean, it was conspicuous consumption on a whole other level. They were born into it, and they thought it would last forever.”
> https://marketrealist.com/p/vanderbilt-family-net-worth-now/