I misspoke when I converted Billy Vanderbilt's fortune to modern currency. It would have been worth around $7.1 billion today, not $604 billion as I said in the video. I apologize for the misinformation. I did not realize it at the time, but upon review, I still had some COVID brain fog affecting me while filming, editing, and proof-watching this video.
Seriously great content. But your facial expressions when the people walked by and started screaming sold me, and is what gained my subscription to your channel 🤣🤣🤣. I've watched a couple of other of your vids since so far, and you've managed to amuse me with something you've said on each of them. This one is the funniest, but a close Honorable Mention goes to the Astros video where you matter of fact admitted you had never seen the Gilded Age but you still wanted to capitalize on the shows success made me chuckle too 🤣🤣🤣
Biltmore was built in 1895 by Cornelius Vanderbilt. It was/is a working farm, winery, nursery, and has put thousands of Asheville natives to work. The artisan community is huge there, thanks to the Vanderbilts.
There is a fascinating book about George Vanderbilt and the building of the Biltmore in Asheville, NC. He and his wife, Edith, used his fortune to establish schools, start a forestry program in the USA, develop a market for the homemade arts &crafts from the area, re-established the forest that had been decimated by lumbar sales from local land owners, etc... They basically put western NC on the map. The home is still privately owned by George's descendants. The box I read was "The Last Castle". A good read, well researched, and it follows the George Washington Vanderbilt family from before he married until current time.
It's terribly refreshing hearing your favorite topics recounted by someone you can only describe as personable. You also have a great voice, you'd be excellent on a podcast.
Thanks for the information and taking the time to do the research I'm surprised you didn't mention Gloria Vanderbilt when she was a little girl she lived at the breakers. I enjoy hearing and reading about the 1800's. I'm glad your feeling better. Thanks again Gary
It makes me feel the “waste” when I watch videos of their abandoned gilded age mansions. I’m so glad Biltmore has survived. That branch of the family not only had the prettiest mansion (looks like a French chateau) but the planning for the estate to survive was made early on.
Anderson Cooper did speak honestly about this to some extent because his family frittered away the money spending it on foolish things so his mother made a point of saying he would not inherit anyting. She said this so he would be more inspired to keep working no matter what. However you will notice that Anderson Cooper was able to vacation on the second floor of the Vanderbilt house here and there throughout his life. In other words it was easy for him to save his money because he usually had free places to stay or interest in houses and homes that he could use leverage and borrow money on
I remember reading an interview that Gloria Vanderbilt gave back in the 80s and she said the money she’d made herself was so much more gratifying than money she’d inherited. I also remember Anderson saying how he was always aware of how much things cost and not one to spend frivolously.
I hope you’re feeling better. Could you please do a video on Molly Brown she was married to JJ Brown and she survived the sinking of the titanic. Thank you for the wonderful video and have a good week.😊
I just discovered your site today and I enjoyed them very much. I wanted to say that I don’t think there was income tax until the early 20th century so no wonder they all had so much money. I’ m really looking forward for the next one!
1862 - President Lincoln signed into law a revenue-raising measure to help pay for Civil War expenses. The measure created a Commissioner of Internal Revenue and the nation's first income tax. It levied a 3 percent tax on incomes between $600 and $10,000 and a 5 percent tax on incomes of more than $10,000.
One of the reasons that the Dukes of Marlborough keep marrying money is because Blenheim Palace sucks it away. If I remember correctly the Duke married Consuelo because Blenheim needed a new roof. Consuelo was so disappointed at how primitive the accommodations were that her FATHER built her Sunderland House in London.
@@baylorsailor my family has experienced the same. Between the people who got vaxxed and boosted to people who got nothing, it was pretty much the same symptoms at the same severity. However, I do wish the young lady well and I hope she feels better soon. I think natural immunity is better than the vax too, though.
Nowadays, most of this family money is obscured in family trusts which dole out funds to descendants, so it’s hard to say how much many of these families have left. I tend to think that they purposely downplay and hide their wealth and prefer to stay under the radar these days.
I encourage everyone to come to Hyde Park NY where you can see one of the Vanderbilt mansions. The FDR mansion is close by along with Eleanor Roosevelt’s estate. Lots of money in the Hudson Valley.
I just found your channel and I am binge-watching! I, too, live in Maine. Bath, to be exact. I have an 1889 Victorian and love all things genteel. Thank you for sharing your knowledge and opinions. It's been, informative, entertaining and just plain fun! :)
re Horse Racing and Horse Breeding - in the 1700's & 1800's horses were the main mode of transportation, farming and energy production [flour mills, etc]. So horse racing would be the equivalent of NASCAR racing today, that pushes vehicles to their limits and improves safety and function of the vehicles we use everyday. Horses now are a luxury, so racing & breeding seems frivolous, but then produced better working animals for farm and factory production of goods and services. Might also talk about what was done with horse manure in cities [most stank], some carriage horses wore 'diapers' - contraptions to catch their crap so it could be collected & taken to farms as fertilizer [manure].
I think fanning yourself during the video was a lovely nod towards the past. The Dollar Princesses were an interesting lot. Their legacy on this side of the pond is most interesting.
Good video. Spending by the younger generations hit the divided fortune hard, to be sure Inheritance taxes had a big impact, as well as income taxes and property taxes as they were introduced and increased.
Gloria Vanderbilt was the subject of a famous child custody trial between her mother and her grandmother. She had been left a trust fund equavalent to $35 million . The grandmother accused the young mother of squandering the trust fund. Gloria married at about age 17 or so. It was the first of 4 marriages. As usual the money ran out and s he started to design jeans and other things in the 1980s with great success but she lived extravagantly but didnt have a happy life. One son killed himself in front of her by jumping off a building. By the time of her death in 2019 her estate was worth $1.5 milion Almost all the money her son, Anderson Cooper has is money he has earned. He wrote a very good book about the Vanderbilt family that I've read. It jas a bit of a cynical take on the family.
Are there members of the Van Rensselaer family left? BTW- I have a distant connection to Barbara Hutton, the Woolworth heiress. Talk about burning up a fortune...
Maine? Yeah, me as well. From Bath and Kittery. On my second go round with covid as I watch this. School is back in session and it's rising its ugly head again.
The income tax was introduced in 1913. Charatable write-offs were introduced during WW1 when the top tax bracket was 90% or so, to preserve existing philanthropy.
I'm a new follower and I'm really loving your videos so far! I'm happy to find a new channel to binge. Sidenote: A man I care for had 3 "jabs" and still contracted covid. But now that you have contracted it, you are much better protected from getting it again.
Sometime you should read the Mark Twain novel where THE GILDED AGE was named I read it recently and it is a real satire of the times. Reginald Claypoole Vanderbilt was the father of Gloria Vanderbilt and grandfather of Anderson Cooper. He was a drunk and squandered his noney, I think he was the son of Corneilius Vanderbilt ,Jr. There was a terrible fight over Gloria Vanderbilt as a child between Grace Vanderbilt the widow and Gertrude Vanderbilt Whitney in 1934. The later Vanderbilts spent most of their money . They have a memorial masoleum in New Dorf on Staten Island where the Commodore grew up. i'm sure you will also do videos on the Whitneys and the Goulds. I had a minor case of Covid last year which was more like a cold. I hope you feel better.
@@gio5408 That’s sounds plausible…..I was wondering if it was because “on paper”, like if you were buying land or something they would think they were dealing with a man & not a woman….? That way they could be strong or independent…? Or maybe they just likes the name? 🤷🏼♀️
Well yes, I could see that happening too. Put on a man's outfit (or acquire one) to claim one's inheritance. I've no doubt watched too many movies, but I have no doubt that people of the time did what they needed too. Interesting to consider and thanks for sharing 🙂
all the best wishes you can shake the last of it soon. I find it so fascinating how the generations squandered their fortunes on things that will never make sense, the giant homes, horses, and whatever else >.< like whyyy?! I am just too poor to understand I guess lol
This is one of those places where "what if" comes into play: What if Alva had married Cornelius II or if Willie K. was the eldest brother? William Henry's original will would have left the bulk of his estate to his eldest son before Alva convinced him to split it between his two eldest sons instead. According to Alfred's grandson (AGV III), he was last seen tying babies into baskets - hoping they would float (they didn't). Winston Churchill was born at Blenheim because his mother was visiting when she went into labor - it was not his childhood home (his father was a younger son). The Spencer money: The notorious Sarah, Duchess of Marlborough, left her vast fortune to a younger grandson who was the ancestor of the Earls Spencer, rather than to her Duke of Marlborough grandson. Therefore the dukes do not really have Spencer money. Jenny Jerome married Randolph Churchill (Winston's parents); again not a part of the ducal money. William Henry's son Frederick seems to have made himself a good sized fortune, but as he had no children it went outside the family and to charity. There were NO income taxes in William's day, so there were no tax write-offs.
So sorry you got the Vid. I hope you fully recover soon. Fell better! Breading horses will eat all of your cash - walk around the back end of any race track and you'll meet allot of formerly rich families. Le sigh. Wasted assets... - Cathy (&, accidently, Steve), Ottawa/Bytown/Pimisi
@@AdelaideBeemanWhite We are all too common to understand the doings of 'our betters'. As someone who used to work the not-for-profit industry - endearing your organization to these people is, quite simply, exhausting...
I took my first covid vaccine on a Tuesday in 2020. I also took a covid test right before I got the shot. On that Thursday the results came back and I had tested positive for covid. The universe loooves to jerk me around. 😊
It was their money to do with as they pleased!! They spent it in their lifetime and it went to a lot of little people. You can't "squander " be greedy, give to charity, liquidate your assets and still be criticized! What an annoying way to see the world
All theses information is available in printed form, if anyone is interested. It’s totally useless trying to portray a close KIN to the Fender-bender FAMILY with stolen things from them.
Loool your face looks priceless, after hearing that person screaming. Don't worry it's probably meth or spice heads doing their thing outside. I'm constantly dealing with stupid people when I'm trying to have an intelligent conversation 🤣😑🙄💯..
As someone that knows allot about the Vanderbilt's, honestly u ramble, no there was no income tax back then. Suggestion, write your copy, practice it, then test record and finally record for RUclips. A fan could b used as a wonderful touch from the era not a distraction.
From Google. three generations Wealth is a finite resource, and it typically only lasts three generations due to the lack of financial literacy that is passed down from generation to generation. Without proper knowledge of money management, investments, taxes, and other aspects of personal finance, families tend to deplete their wealth over time.
I wonder what they consider hot in Maine? It's all what you're used to, I know, just curious. Surprised she didn't mention what I thought was the most famous Vanderbilt, the poor little rich girl.
@@AdelaideBeemanWhite Wow, thank you for your prompt reply. Shows how different things can be, it was 82 here today and it felt glorious, but a hot day where I am, in Nevada, can easily top 120. Hope you continue this series, interesting stuff. Some of the guys who were rich and powerful in this era were seriously evil, and whenever I hear about their being philanthropists (especially Carnegie) I think they are trying to make up for being so horrible.
Why are you so judgmental? If the money was somehow preserved in one big amount, would you find yourself judging the families for NOT giving or spending it to help communities and non-profits causing it to be diminished? Each generation which inherits, inherits less on an individual basis - basic mathematics. Because it is split into pieces it appears as you word it, squandered wealth. This is hardly the truth. I agree with @cathwim 's comment. These estates and family monies have gone to build institutes and communities, supporting working class families . Was every cent used wisely, certainly not. Your editorial is showing your bias.
You can use google translate! Oui, Gloria Vanderbilt , qui est la designer des jeans Vanderbilt, est une descendante , son père est un des Vanderbilt qui a gaspillé la fortune dans les paris et est mort d’une cirrhose due à l’alcoolisme . Elle n’avait que 18 mois et s’en est suivi une bataille légale pour sa garde …et son héritage. L’histoire de Gloria Vanderbilt est fascinante , regardez Wikipedia. C’est la mère de Anderson Cooper , le journaliste.
@@france7678 THANK YOU -----Yes, Gloria Vanderbilt, who is the designer of Vanderbilt jeans, is a descendant, her father is one of the Vanderbilts who squandered his fortune in gambling and died of cirrhosis due to alcoholism. She was only 18 months old and a legal battle ensued for her custody…and her inheritance. The story of Gloria Vanderbilt is fascinating, check out Wikipedia. She is the mother of Anderson Cooper, the journalist.
From the IRS website: “In 1862, with the Civil War in full swing, Congress introduced income tax as a law for the first time. While it was much different then (than the income tax system we have in place today), it was the first known instance of taxation on personal income. During this time, a worker who earned $600 to $10,000 annually was taxed at a rate of 3%. For those earning more than $10,000 per year, a higher income tax rate was imposed. Also in 1862, the office of Commissioner of Internal Revenue was established. Along with the responsibilities of assessing and levying income tax, the Commissioner was also in charge of collecting payments and enforcing tax laws. If taxes were not paid, the Commissioner had the right to seize assets (e.g., property or income). As you can see, many of the duties carried out by the IRS (Internal Revenue Service) today were established back in 1862. In 1913, the income tax system was made permanent thanks to the 16th Amendment to the Constitution. This amendment gave Congress the ability to legally assess tax on income earned by individuals and corporations. It did not take long for the government to collect substantial tax revenue. In 1918, annual collections topped $1 billion, and by 1920, tax revenue reached over $5 billion.”
I misspoke when I converted Billy Vanderbilt's fortune to modern currency. It would have been worth around $7.1 billion today, not $604 billion as I said in the video. I apologize for the misinformation. I did not realize it at the time, but upon review, I still had some COVID brain fog affecting me while filming, editing, and proof-watching this video.
No troubles...we all make mistakes...:)
I was wondering about that. That sum is over half a trillion dollars. When I heard it, I thought, how in the heck did his family lose all that money?!
Seriously great content. But your facial expressions when the people walked by and started screaming sold me, and is what gained my subscription to your channel 🤣🤣🤣. I've watched a couple of other of your vids since so far, and you've managed to amuse me with something you've said on each of them.
This one is the funniest, but a close Honorable Mention goes to the Astros video where you matter of fact admitted you had never seen the Gilded Age but you still wanted to capitalize on the shows success made me chuckle too 🤣🤣🤣
Biltmore was built in 1895 by Cornelius Vanderbilt. It was/is a working farm, winery, nursery, and has put thousands of Asheville natives to work. The artisan community is huge there, thanks to the Vanderbilts.
Wrong! It was build by George Washington Vanderbilt II.
The Commodore (Cornelius Vanderbilt) was dead before Biltmore was built.
There is a fascinating book about George Vanderbilt and the building of the Biltmore in Asheville, NC. He and his wife, Edith, used his fortune to establish schools, start a forestry program in the USA, develop a market for the homemade arts &crafts from the area, re-established the forest that had been decimated by lumbar sales from local land owners, etc... They basically put western NC on the map. The home is still privately owned by George's descendants.
The box I read was "The Last Castle". A good read, well researched, and it follows the George Washington Vanderbilt family from before he married until current time.
I really enjoy your videos! I hope you are fully recovered from Covid. It’s a nasty virus.
It's terribly refreshing hearing your favorite topics recounted by someone you can only describe as personable. You also have a great voice, you'd be excellent on a podcast.
Thank you! That is a great compliment!
Thanks for the information and taking the time to do the research I'm surprised you didn't mention Gloria Vanderbilt when she was a little girl she lived at the breakers. I enjoy hearing and reading about the 1800's. I'm glad your feeling better. Thanks again Gary
It makes me feel the “waste” when I watch videos of their abandoned gilded age mansions. I’m so glad Biltmore has survived. That branch of the family not only had the prettiest mansion (looks like a French chateau) but the planning for the estate to survive was made early on.
Anderson Cooper did speak honestly about this to some extent because his family frittered away the money spending it on foolish things so his mother made a point of saying he would not inherit anyting. She said this so he would be more inspired to keep working no matter what. However you will notice that Anderson Cooper was able to vacation on the second floor of the Vanderbilt house here and there throughout his life. In other words it was easy for him to save his money because he usually had free places to stay or interest in houses and homes that he could use leverage and borrow money on
I remember reading an interview that Gloria Vanderbilt gave back in the 80s and she said the money she’d made herself was so much more gratifying than money she’d inherited. I also remember Anderson saying how he was always aware of how much things cost and not one to spend frivolously.
I hope you’re feeling better. Could you please do a video on Molly Brown she was married to JJ Brown and she survived the sinking of the titanic. Thank you for the wonderful video and have a good week.😊
I just discovered your site today and I enjoyed them very much. I wanted to say that I don’t think there was income tax until the early 20th century so no wonder they all had so much money. I’ m really looking forward for the next one!
1862 - President Lincoln signed into law a revenue-raising measure to help pay for Civil War expenses. The measure created a Commissioner of Internal Revenue and the nation's first income tax. It levied a 3 percent tax on incomes between $600 and $10,000 and a 5 percent tax on incomes of more than $10,000.
One of the reasons that the Dukes of Marlborough keep marrying money is because Blenheim Palace sucks it away. If I remember correctly the Duke married Consuelo because Blenheim needed a new roof. Consuelo was so disappointed at how primitive the accommodations were that her FATHER built her Sunderland House in London.
This was wonderful! I’ve watched several of your vids today. You’ve got a new sub. Hope you are feeling better!
Im glad you’re feeling better. If it helps any, I got two boosters and still contracted covid. Thankfully it was a mild case. Take care.
A man I care for had 3 jabs and still got COVID. In the end, the best protection has proven to be getting the virus itself.
@@baylorsailor my family has experienced the same. Between the people who got vaxxed and boosted to people who got nothing, it was pretty much the same symptoms at the same severity. However, I do wish the young lady well and I hope she feels better soon. I think natural immunity is better than the vax too, though.
Nowadays, most of this family money is obscured in family trusts which dole out funds to descendants, so it’s hard to say how much many of these families have left. I tend to think that they purposely downplay and hide their wealth and prefer to stay under the radar these days.
Absolutely true
Thanks for these videos! They're informative and summarises very well.
I encourage everyone to come to Hyde Park NY where you can see one of the Vanderbilt mansions. The FDR mansion is close by along with Eleanor Roosevelt’s estate. Lots of money in the Hudson Valley.
So happy to see you recovered 🥰
I’m so happy to be recovered! But upon re-watching this video, I definitely still had some brain fog when I filmed and edited it, lol.
@@AdelaideBeemanWhite It looks fine tbh 😄
Great informational video-thank you!
I just found your channel and I am binge-watching! I, too, live in Maine. Bath, to be exact. I have an 1889 Victorian and love all things genteel. Thank you for sharing your knowledge and opinions. It's been, informative, entertaining and just plain fun! :)
No kidding? I’m also from Bath (although I attend Law School in Oregon)! Small world!
@@AdelaideBeemanWhite It certainly is! Enjoy your studies. 😊
I’m watching you in September of 2022 and I’m recovering from COVID.
Did you cover the Schermerhorns? Stuyvesants, Livingstons Fish et .
Not yet, but I will!
omg your from maine ! so am iiii - just found your channel and have fallen in love with it 💕
Ayuh, I’m a Downeastah.
I love your videos...sorry to hear you had covid.please stay healthy so we can enjoy more of your videos.
re Horse Racing and Horse Breeding - in the 1700's & 1800's horses were the main mode of transportation, farming and energy production [flour mills, etc]. So horse racing would be the equivalent of NASCAR racing today, that pushes vehicles to their limits and improves safety and function of the vehicles we use everyday. Horses now are a luxury, so racing & breeding seems frivolous, but then produced better working animals for farm and factory production of goods and services. Might also talk about what was done with horse manure in cities [most stank], some carriage horses wore 'diapers' - contraptions to catch their crap so it could be collected & taken to farms as fertilizer [manure].
I think fanning yourself during the video was a lovely nod towards the past. The Dollar Princesses were an interesting lot. Their legacy on this side of the pond is most interesting.
Good video. Spending by the younger generations hit the divided fortune hard, to be sure Inheritance taxes had a big impact, as well as income taxes and property taxes as they were introduced and increased.
I think that part of why the gilded age families were able to accumulate so much wealth is the lack of income tax.
The only bad point of this video is that I don't have a good view of that lovely fan.
Also, best wishes on recovering from covid.
Thank you. At the time of uploading, I have been consistently testing negative, although I still have a lingering cough which I am trying to shake.
Glad you’re feeling fine . Super unique channel supper clever lady
i've been covid diseased 2x . it's never fun ! Hope you feel better soon ! Thank you for looking into the Vanderbilts
Love your channel! Thank you.
Very interesting! I needed a new channel to enjoy.
Im glad this was put up even when its uncomfortable and hot without air conditioning.
Gloria Vanderbilt was the subject of a famous child custody trial between her mother and her grandmother. She had been left a trust fund equavalent to $35 million . The grandmother accused the young mother of squandering the trust fund. Gloria married at about age 17 or so. It was the first of 4 marriages. As usual the money ran out and s he started to design jeans and other things in the 1980s with great success but she lived extravagantly but didnt have a happy life. One son killed himself in front of her by jumping off a building. By the time of her death in 2019 her estate was worth $1.5 milion
Almost all the money her son, Anderson Cooper has is money he has earned. He wrote a very good book about the Vanderbilt family that I've read. It jas a bit of a cynical take on the family.
What I wonder is did she lose control of her various enterprises? You can still buy Vanderbilt jeans. Who’s profiting?
She sold her company yrs ago you can Google it
Are there members of the Van Rensselaer family left? BTW- I have a distant connection to Barbara Hutton, the Woolworth heiress. Talk about burning up a fortune...
Maine? Yeah, me as well. From Bath and Kittery. On my second go round with covid as I watch this. School is back in session and it's rising its ugly head again.
OMG! I’m from Bath too! My mother runs the flower stand on High Street!
The income tax was introduced in 1913. Charatable write-offs were introduced during WW1 when the top tax bracket was 90% or so, to preserve existing philanthropy.
I will call him Billiam Vanderbilt. I love that
I'm a new follower and I'm really loving your videos so far! I'm happy to find a new channel to binge.
Sidenote: A man I care for had 3 "jabs" and still contracted covid. But now that you have contracted it, you are much better protected from getting it again.
Sometime you should read the Mark Twain novel where THE GILDED AGE was named I read it recently and it is a real satire of the times. Reginald Claypoole Vanderbilt was the father of Gloria Vanderbilt and grandfather of Anderson Cooper. He was a drunk and squandered his noney, I think he was the son of Corneilius Vanderbilt ,Jr. There was a terrible fight over Gloria Vanderbilt as a child between Grace Vanderbilt the widow and Gertrude Vanderbilt Whitney in 1934. The later Vanderbilts spent most of their money . They have a memorial masoleum in New Dorf on Staten Island where the Commodore grew up. i'm sure you will also do videos on the Whitneys and the Goulds. I had a minor case of Covid last year which was more like a cold. I hope you feel better.
You live in Maine?! I do too!
My great grandmother was named John Henrietta Sherman Hart. I always wondered why they would have named her John……I guess it wasn’t that uncommon. 🤔
I wonder if they were given tradition male names because the parents only had daughters and no male heirs? Just a guess though
@@gio5408 That’s sounds plausible…..I was wondering if it was because “on paper”, like if you were buying land or something they would think they were dealing with a man & not a woman….? That way they could be strong or independent…? Or maybe they just likes the name? 🤷🏼♀️
Well yes, I could see that happening too. Put on a man's outfit (or acquire one) to claim one's inheritance. I've no doubt watched too many movies, but I have no doubt that people of the time did what they needed too. Interesting to consider and thanks for sharing 🙂
These are very interesting ideas. Women were still chattel in the 19th century.
all the best wishes you can shake the last of it soon.
I find it so fascinating how the generations squandered their fortunes on things that will never make sense, the giant homes, horses, and whatever else >.< like whyyy?! I am just too poor to understand I guess lol
🤷♀️ You and I are just not cultured enough to understand the finer things in life. The likes of us are doomed to be satisfied with enough.
I hope you are thoroughly healed, by now. I loved your reaction to the "crazy" person in the street. 🤣
This is one of those places where "what if" comes into play: What if Alva had married Cornelius II or if Willie K. was the eldest brother? William Henry's original will would have left the bulk of his estate to his eldest son before Alva convinced him to split it between his two eldest sons instead. According to Alfred's grandson (AGV III), he was last seen tying babies into baskets - hoping they would float (they didn't). Winston Churchill was born at Blenheim because his mother was visiting when she went into labor - it was not his childhood home (his father was a younger son). The Spencer money: The notorious Sarah, Duchess of Marlborough, left her vast fortune to a younger grandson who was the ancestor of the Earls Spencer, rather than to her Duke of Marlborough grandson. Therefore the dukes do not really have Spencer money. Jenny Jerome married Randolph Churchill (Winston's parents); again not a part of the ducal money. William Henry's son Frederick seems to have made himself a good sized fortune, but as he had no children it went outside the family and to charity. There were NO income taxes in William's day, so there were no tax write-offs.
Jenny Jerome had a colorful life. She's reputed to have had an affair (one of many he had) with Edward IV.
@@MarthaDwyer Really? Edward IV died in 1483. How about Edward VII?
“And it was split between - “
(blood curdling scream; murder takes place off 🎥)
;)
Ah, misery. Get well soon!
Did Anderson Cooper go to that family reunion?
Income wasn’t taxed in the United States until 2013.
You have my respect for dressing in the heat and no woman is an island in our incredibly diseased world.good vids 👍 thanks
So sorry you got the Vid. I hope you fully recover soon. Fell better!
Breading horses will eat all of your cash - walk around the back end of any race track and you'll meet allot of formerly rich families. Le sigh. Wasted assets...
- Cathy (&, accidently, Steve), Ottawa/Bytown/Pimisi
I guess I’m just too common to understand it 🤷♀️
@@AdelaideBeemanWhite We are all too common to understand the doings of 'our betters'. As someone who used to work the not-for-profit industry - endearing your organization to these people is, quite simply, exhausting...
WHAT WAS THAT SCREAM ??????????
i love your channel
I took my first covid vaccine on a Tuesday in 2020. I also took a covid test right before I got the shot. On that Thursday the results came back and I had tested positive for covid. The universe loooves to jerk me around. 😊
I was going to subscribe to your channel until I heard you giving your opinion about horses and raising race horses.
Rivalry between branches of the family helped burn through money
Are you not allowed to say DAMNED?🥺
Comment for engagement! ❤
It was their money to do with as they pleased!! They spent it in their lifetime and it went to a lot of little people. You can't "squander " be greedy, give to charity, liquidate your assets and still be criticized! What an annoying way to see the world
All the Commodore's money simply pass to other people, about the same as if it had been donated to different causes.
At least with a cough you sound appropriately consumptive
You are soo cute! I love your videos
All theses information is available in printed form, if anyone is interested. It’s totally useless trying to portray a close KIN to the Fender-bender FAMILY with stolen things from them.
What happen with JP Morgan ???
I got sidetracked from making a video, but it’s coming in mid December.
@@AdelaideBeemanWhite Thank you. Are you going to Do Videos for the Otter families too ?
@@RandyMarsh1118 - Yup!
By the way, I love this series.
Loool your face looks priceless, after hearing that person screaming. Don't worry it's probably meth or spice heads doing their thing outside. I'm constantly dealing with stupid people when I'm trying to have an intelligent conversation 🤣😑🙄💯..
As someone that knows allot about the Vanderbilt's, honestly u ramble, no there was no income tax back then. Suggestion, write your copy, practice it, then test record and finally record for RUclips. A fan could b used as a wonderful touch from the era not a distraction.
Jenny Jerome didn't have money. It was a real love match
From Google. three generations
Wealth is a finite resource, and it typically only lasts three generations due to the lack of financial literacy that is passed down from generation to generation. Without proper knowledge of money management, investments, taxes, and other aspects of personal finance, families tend to deplete their wealth over time.
Gloria Vanderbilt left almost entire fortune to Anderson Cooper it is estimated to be around 200 million.
no income tax at that time.
How can you possibly talk about the Vanderbilts and not even mention Gloria once in 13 minutes? FFS, even her son got a mention.
I wonder what they consider hot in Maine? It's all what you're used to, I know, just curious.
Surprised she didn't mention what I thought was the most famous Vanderbilt, the poor little rich girl.
It doesn’t get incredibly hot in Maine, 85-90 is considered hot, but it’s very humid here.
@@AdelaideBeemanWhite Wow, thank you for your prompt reply. Shows how different things can be, it was 82 here today and it felt glorious, but a hot day where I am, in Nevada, can easily top 120.
Hope you continue this series, interesting stuff.
Some of the guys who were rich and powerful in this era were seriously evil, and whenever I hear about their being philanthropists (especially Carnegie) I think they are trying to make up for being so horrible.
They didn’t lose their money. They spent it. And they had a darned good time doing so.
Your funny, intellegent, charming and a pleasure to listen to.
All the best
Why are you so judgmental? If the money was somehow preserved in one big amount, would you find yourself judging the families for NOT giving or spending it to help communities and non-profits causing it to be diminished? Each generation which inherits, inherits less on an individual basis - basic mathematics. Because it is split into pieces it appears as you word it, squandered wealth. This is hardly the truth. I agree with @cathwim 's comment. These estates and family monies have gone to build institutes and communities, supporting working class families . Was every cent used wisely, certainly not. Your editorial is showing your bias.
Anderson Cooper is a journalist and author, not a talk show host.
Also, his recent book about the family is quite interesting.
You have no AC. Yikes!
ARE THEY THE SAME VANDERBILT'S THAT HAD THE DESIGNER JEANS ???
You can use google translate! Oui, Gloria Vanderbilt , qui est la designer des jeans Vanderbilt, est une descendante , son père est un des Vanderbilt qui a gaspillé la fortune dans les paris et est mort d’une cirrhose due à l’alcoolisme . Elle n’avait que 18 mois et s’en est suivi une bataille légale pour sa garde …et son héritage. L’histoire de Gloria Vanderbilt est fascinante , regardez Wikipedia. C’est la mère de Anderson Cooper , le journaliste.
@@france7678 THANK YOU -----Yes, Gloria Vanderbilt, who is the designer of Vanderbilt jeans, is a descendant, her father is one of the Vanderbilts who squandered his fortune in gambling and died of cirrhosis due to alcoholism. She was only 18 months old and a legal battle ensued for her custody…and her inheritance. The story of Gloria Vanderbilt is fascinating, check out Wikipedia. She is the mother of Anderson Cooper, the journalist.
Gloria Vanderbilt "the famous Poor Little Rich Girl" grew up to be a fashion designer and was the mother of Anderson Cooper.
The spencers were not able to msintsin their estate, until lady Diana married king Charles.
You don't even mention Gloria Vanderbilt? This is incompetent research. I won't watch you anymore
I mentioned her son, and I said that there were lots of Vanderbilts who did interesting things whom I didn’t have time to mention.
How rude….hardly relevant
please learn a little bit more about history before you post this stuff.... there was no income tax back then
From the IRS website: “In 1862, with the Civil War in full swing, Congress introduced income tax as a law for the first time. While it was much different then (than the income tax system we have in place today), it was the first known instance of taxation on personal income. During this time, a worker who earned $600 to $10,000 annually was taxed at a rate of 3%. For those earning more than $10,000 per year, a higher income tax rate was imposed.
Also in 1862, the office of Commissioner of Internal Revenue was established. Along with the responsibilities of assessing and levying income tax, the Commissioner was also in charge of collecting payments and enforcing tax laws. If taxes were not paid, the Commissioner had the right to seize assets (e.g., property or income). As you can see, many of the duties carried out by the IRS (Internal Revenue Service) today were established back in 1862.
In 1913, the income tax system was made permanent thanks to the 16th Amendment to the Constitution. This amendment gave Congress the ability to legally assess tax on income earned by individuals and corporations. It did not take long for the government to collect substantial tax revenue. In 1918, annual collections topped $1 billion, and by 1920, tax revenue reached over $5 billion.”