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It as given to his family

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16y ago

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In what two businesses did Cornelius Vanderbilt make his fortune?

The ferry and the steamboat business.


How much of a fortune did cornelius Vanderbilt accumulate?

five hundred quadrillion dollars


What led to the Vanderbilt family losing their fortune?

The Vanderbilt family lost their fortune due to a combination of poor financial decisions, overspending, and the changing economic landscape that affected their businesses. Additionally, inheritance taxes and mismanagement of their investments also contributed to their financial downfall.


Whatever happened to King Rice of UNC?

Assistant Coach at Vanderbilt!


What led to the Vanderbilt family's lost fortune and how did it impact their legacy?

The Vanderbilt family's lost fortune was primarily due to poor financial management, overspending, and changing economic conditions. The impact on their legacy was a decline in their social status and influence, as well as a loss of the immense wealth and power they once held.


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Fortune's Tower happened in 360.


When did Cleopatra Fortune happen?

Cleopatra Fortune happened in 1996.


What were the circumstances that led to the Vanderbilt fortune being lost?

The Vanderbilt fortune was lost due to a combination of factors, including poor investments, overspending, family disputes, and changing economic conditions. In particular, the family's investments in railroads and other industries became less profitable over time, leading to a decline in their wealth. Additionally, the lavish lifestyles of some family members and disagreements over how to manage the fortune contributed to its eventual loss.


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Soldier of Fortune - video game - happened in 2000.


Who is the wealthiest vanderbilt today?

As of my last knowledge update in October 2023, the wealthiest Vanderbilt is often considered to be John Vanderbilt, a descendant of the Vanderbilt family. However, the family's wealth has significantly diminished since the height of its fortune in the late 19th and early 20th centuries, with descendants involved in various ventures and charitable activities rather than maintaining vast fortunes. It's important to check the latest financial news for the most current information on individual net worth.


What changes did Cornelius Vanderbilt made on America?

Cornelius Vanderbilt took advantage of loose regulations to create a railroad empire. Partly from the money he earned in the shipping industry, he was able to make railroading a primary vehicle to add to his fortune. His main competition was from Jay Fisk of New York.


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