Radical Personal Finance 936: How to Invest in Your Children at a Very Young Age, FINALE: How Cornelius Vanderbilt Invested Into His Children
Apr 22, 2023
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Rise And Fall Of The Vanderbilts
- The host reads the introduction from Arthur T. Vanderbilt II describing the rise and rapid decline of the Vanderbilt fortune.
- The family's grand estates and Fifth Avenue mansions symbolized wealth but failed to become enduring dynastic seats.
Commodore Vanderbilt's Deathbed Drama
- The podcast recounts Commodore Cornelius Vanderbilt's deathbed theatrics and interactions with reporters and doctors.
- He alternated between roaring insults, seances, and business queries even while ill, revealing his eccentric character.
Family Tension Over The Will
- The host describes the Commodore's fraught relations with his ten children and his clear favoritism for son William.
- Children gathered like "vultures," peeking through doors anxious about the will and inheritance.