American Airlines spent $250 million to build an employee-only hotel at its sprawling Texas headquarters that opened in January 2023.
30.04.2024 - 18:25 / insider.com
During the Gilded Age in the late 1800s, railroad tycoon Cornelius Vanderbilt was the richest man in America with a net worth of $100 million, or around $200 billion today — more money than the US Treasury had at the time.
After Cornelius' death in 1937, his son William Vanderbilt took over the businesses and doubled his father's fortune. He died the wealthiest private individual in the world in 1885.
William's son, Frederick Vanderbilt, and his wife, Louise, purchased a 153-acre Hyde Park property in 1895. Construction on the mansion began in 1895 and was finished three years later.
The mansion and its grounds are now owned by the National Park Service, which offers tours of the property. I visited the Vanderbilt mansion in February 2023 to see its opulent rooms for myself.
American Airlines spent $250 million to build an employee-only hotel at its sprawling Texas headquarters that opened in January 2023.
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If you've ever read or seen "The Great Gatsby," you know 1920s New York was home to extravagant mansions with owners who hosted lavish parties.
At the height of his success, John D. Rockefeller's Standard Oil fortune comprised 1.5% of the gross domestic product of the United States, according to the Library of Congress. He was the world's first billionaire, with a net worth of $1.4 billion in 1937 (around $29.5 billion today), and the richest individual in the world at the time, according to Harvard Business School.
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