John Jacob Astor (1763 - 1848)
Age 84 Net Worth $116 Billion (in 2017)
Citizen US Born Germany
Here is a picture of John Jacob Astor
Here is the link to youtube video on John Jacob Astor
https://www.youtube.com/watch?v=sHy-WSduNWg
With an estimated net worth of $116 Billion, John Jacob Astor was actually richer than Bill Gates today.
He is important for 4 reasons
1. He made his fortune in the fur trade.
In early part of 19th century, fur trade is the same as the oil trade today
Empire fought wars over fur trade in 18th and 19th century
2. He was the first immigrant billionaires in US
3. When he died in 1848, he was the richest US self-made billionaires
He was born in Walldorf , Germany
Here is map of Walldorf, a small town near Heidelberg
He arrived in US at age of 20. At age 22, he married Sarah Cox Todd, and with $300 dowry (a big sum then) he opened his piano and fur store in New York City
Here is a picture of Sarah Cox Todd
The Astor would be one of the most famous rich family in 19th century, not quite as famous as the Rothchild, but they built or renovated many beautiful castles in US and England. The Hever Castle near London is one of those renovated by the Astors
No comments:
Post a Comment