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-- George Washington Vanderbilt of New York died suddenly this afternoon at his Washington residence, 1,612 K Street. In the late 19th century, social and technological changes allowed thousands of families to get ridiculously rich and prosper in a period called the Gilded Age, as described by Time. He also came with the type of generational wealth typically reserved for kings and pharaohs and in later years, Jeff Bezos. Thats him. He commissioned the construction of a 250-room mansion, the largest privately owned home in the United States, which he named Biltmore Estate. Upon his father's death, he inherited $5 million more, as well as the income from a $5 million trust fund. There are several anecdotes that describe his reckless lifestyle. The home is exquisite now so I can only imagine it then. Among the organizational accomplishments over the 71 years is an effective rural community development program, which lifted up a total of 461 communities through what Ward called "self-help programs to improve community life.". Upon the death of the Commodore, Frederick received $2 million dollars from his estate. In addition to frequent visits to Paris, France, where several Vanderbilts kept homes, George Vanderbilt traveled extensively and became fluent in several foreign languages.[3]. The times I saw her with her sons they looked very happy.". John Gullion, Managing Editor at the Citizen Tribune, is a freelance contributor for TheSmokies.com LLC the parent company of TheSmokies.com and HeyOrlando.com. With up to four acres of floor space, this is believed to be the largest domestic dwelling ever constructed in the United States.[6]. In fact, the construction necessitated the building of a woodworking factory and a brick kiln. She was a granddaughter of the American heiress Consuelo Vanderbilt, whose marriage to the ninth Duke of Marlborough ended in divorce. "Thats what drove him," Cecil said. While Gloria had a publicly successful career, she made it clear to her son, news anchor Anderson Cooper, that "there's no trust fund," as reported by the Los Angeles Times. The Life of an Unknown Assassin: Leon Czolgosz and the Death of William Heres What We Know [2023], Who Has the Best Steak in Gatlinburg? His oldest brother had died young, and his second eldest, CorneliusVanderbilt III, had been disinherited after getting married without his parents' approval. His remains were returned to Staten Island where he was buried in the Vanderbilt vault. William Henry Vanderbilt (May 8, 1821 - December 8, 1885) was an American businessman and philanthropist. On his 21st birthday, the night he came into his $15.5 million inheritance, he lost $70,000 gambling. They estimated that the entire Biltmore Estate, including the hotels, restaurants, conservatory, outbuildings and private residencies, is worth nearly $300 million, which would be closer to $344 million in todays value after adjusting for inflation. The significance of the example he set for improving livestock would be difficult to overestimate. He received another million from his father, $5 million upon his fathers death plus the earnings from a $5 million trust fund. While his sister-in-laws were building some of New York City's biggest mansions, George W. Vanderbilt and his wife Edith looked to Asheville, North Carolina, to build Biltmore. George Cecil, the elder of the two sons, chose to inherit the majority of the estate's land and the Biltmore Farms Company, which was more profitable than the house at the time. January 4, 1877. Cornelius Jeremiah Vanderbilt - Wikipedia Lady Sarah was a sister of John George Vanderbilt Henry Spencer-Churchill, the 11th Duke of Marlborough. In a 2017 article from the Asheville Citizen-Times, Ashevilles local paper, tax appraisers put the value of the Biltmore House and public lands which does not include all 8,000 acres remaining in the estate, at about $100 million price tag. How much? The National Cyclopedia of American Biography, Vol. For the record, $200 million in 1885 is about $5.7 billion today. WASHINGTON, March 6. There are plenty of places to visit in the mountains. Reginald Claypoole Vanderbilt, the most famous fourth generation Vanderbilt, remained in the news for about a decade after his death due to the much publicized court battle over his daughter Gloria's custody. "Thinking through how to use the land, and he had it as a tool for healthcare, for education, for jobs, so that everyone has the opportunity to support their families in the way that they hope to.". The Biltmore Estate is commonly known as America's largest home (photo by Thomas Kreulen/shutterstock.com). Designed by architect Richard Morris, it took six years to construct the Biltmore mansion. George Washington Vanderbilt II envisioned a baronial existence at the Biltmore Estate. Diane Kulber said. "His 'country' was Western North Carolina," he said,"And everything he did, he wanted to leave it better than he found it.". He offered to sell the major portion of his forest land to the United States for a forest preserve, but the offer was not accepted until 1916, after his death, when the government bought an 80,600-tract from Mrs. Vanderbilt to form the nucleus of Pisgah National Forest. Our site produces editorial content for the purpose of entertainment. "Hewas riding in the Pink Beds area," Cecil said, referring to the now-loved trailin the Pisgah National Forest, originally a part of the Biltmore Estate,"And he came across this epitaphon a tombstone that read, 'He left this country better than he found it.'. "He would make sure we were dressed warmly, had our lace-up ski boots secured, gathered the necessary equipment and had the picnic lunch packed and piled into the family station wagon," Cecil said.
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