How World’s Wealthiest Family Went to Zero

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The Vanderbilt family made its fortune through various business ventures, including railroads and shipping, and were one of the wealthiest and most influential families in the United States during the late 19th and early 20th centuries. However, like many wealthy families, the Vanderbilts also experienced financial challenges and setbacks over the years. It's possible that some members of the Vanderbilt family lost their fortune through poor financial decisions, such as investing in risky ventures or mismanaging their wealth. It's also possible that some members of the family simply spent their wealth extravagantly and were unable to sustain their wealth over time. In general, the history of the Vanderbilt family and the changes in their fortune is complex and varied, and it would be difficult to pinpoint a single reason for any changes in their financial circumstances.

Let me answer your questions:
Is the Vanderbilt family still rich?
How did the Vanderbilt family lose their money?
What are the Vanderbilts famous for?
What does the Vanderbilt family own?
Who was richer Rockefeller or Vanderbilt?
Who is the richest family in the world?
Who owns the Vanderbilt mansions now?
How much did George Vanderbilt inherit from his father?
Which Vanderbilt was on the Titanic?
Why is the Vanderbilt family rich?
How many slaves did the Vanderbilts have?
How much would the Vanderbilts be worth today?
How many Vanderbilt mansions still exist?
Are any Vanderbilt mansions still standing?
Is the Astor mansion still standing?

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Illustrates the importance of financial education.

davidcanfield
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That’s one reason the Vanderbilt Estate is run as a museum.

HisMiraclesHappening
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Because if you work for something, you’re more cautious, Given to you, all you want to do is enjoy the lavish lifestyle, Not worrying about how much

sherrybartels
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I’ve visited the Biltmore in Ashville, North Carolina which is the largest single family home in America. It looks like a castle. Stayed at the Inn, it is an exceptional place to stay. The estate is beautiful, the chateau is exquisite and massive. Wonderful itineraries with a lot to do. It’s unfathomable to think only one family lived there. Though the indoor pool was really creepy! Worth looking up, it’s that amazing.

merrittmontgomery
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Hard times bring men, easy times brings spendthrifts

thebeesnuts
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HOLD UP ✋🧐 If he only left his fortune to the One, then HOW tf did all the others manage to spend ANYTHING, let alone the entire fortune…⁉️

donkratos
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How do you spend 200 Billion, even when it was spread between 13 family members. That’s like 15 Billion per kid. Even if I had that much I don’t think I could ever blow through it all in my lifetime. Maybe 50- 100 Million at most.

SuperEman
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Save, invest and diversify.. For retirement..
Then pray conniver thieves won't come steal or vandalized the fruits of your hard work and sacrifices

chrysteller
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This is basically 90% of time. Because what are the odds everybody in the family is an Genius! Exactly!

emirkulovic
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Very interesting video, well thought out and researched. The guilded age is my favourite era. ❤

milkymoo
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The old man and Gloria were the only ones to amount to anything. 🤔🤔🤔😏😏😏

stephencapps
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Gloria did okay with her 👖 Jeans company for a while.

michaela
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Though Vanderbilt treasure was gone in 50 years after his death, his Disciple whom he inspired, had successfully created another legendary or miraculous business, Andrew Carnegie (!!)

komolkovathana
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I thought I saw the Jack &Jackie Kennedy wedding photo. How were they related to the Vanderbilts?

itsjustme
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Why is it showing John Kennedy's wedding?

annm.
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Yeah, but they gave us potato chips! And Anderson Cooper!

ecamp
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I wonder if they made money from slavery .

koffi
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If only 1 got everuthing, how could the rest spend it ?

freemason
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When they meet in heaven:

Cornelius: So, you control the world’s entire economy?

His Grandson: Yeah, well, you didn’t teach the others to build opon the fortune, so, we’re broke

Cornelius: I gave you guys ONE, JOB

mikeyhasfuntoo
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Inflation has a lot to increase the risk in the future

danielash