The state chronicle. [volume] (Raleigh, N.C.) 1883-1893, 1884-03-15
RICHEST NAN IN THE WORLD.
William IL. Vanderbilt " oFth e2oo.
OOO.O0O-.el 900 Added tn his Wealth
Every Hour.

Precisely how much the great American
money Kings arr worth. perhaps no one
knows. not even themselves But Mr..
VIM. II. Vanderbilt; who has added greatly
Ia his enormous inheritance. i no doubt
the richest of them all The following
statement Of his wealth has found its way
into the newspapers Whether accurate
or not ii is impossible 10 say. il i al
most as large a fortune as most OF Us Car
olinians hope to make
In January. 1883, he told an intimate
friend, who had dined with him that day,
that he Was worth $fai. 900. 600 II be-
lievc | am, said Mr.. Vanderbilt, '.th.
richest man in the world. In England the
Duke of Westminster Is said tai bc worth
$500. 600, 600, but IL Is mostly in lands and
houses. Ii does not yield him , per cent.
a year from now | shall be worth more
than 5000. 900. 600 and will have an in.
come equal 10 per cent. on that amount. >
Mr. Vanderbilt has registered in his
name, and in coupon bonds, *54, 600 900
in per cents. maturing in 1907. He has
lately added TO these 81 0oo. 900 in 81 per
cents. and yet retains trifie over 81 600
600 in per cents. The per cents arc
worth 124. and the market value of his
governments to-day is $40, $50, 600. The
value Of Mr. Nanderbilt's railroad stocks
is sos, $50. 900, of his governments $40
$50, 900, of his railroad bonds sec, ,s5s, 4s0,
| of his other securities a trifle over E., 600
, 600. The aggregate is *2o1 1872, Alb. His
splendid Fifth Avenue mansion with its
furniture and contents cost nearly or quite
| 5000, 900. His magnificent art gallery,
with its gems from the best modern mas
for oil Z L..
stables on Fifty-first street, occupying one
of the most desirable building sites in the
city, represent 5000 900, while the beauti-
full horses there luxuriously lodged would
not be disposed of for as much more
Maud S. Would bring *15, 900 at a forced
sale, and her owner would not dispose of
her for any price. Early Rose and Aldne
are also held above price.
But the bulk of the wealth of the king
of millionaircs is invested in railroad Sc
curities. OF various railroad bonds he has
an aggregate Of $22, 12O, 900, and of State
and city bonds *3, 900, 900. In miscclia-
neous securities, manufacturing stocks
and mortgages the sum of about So, 900,
600 invested. His income is *12, 900 900
year. From his governments he draws
2,372 900 a year; from his railroad stocks
| and bonds, 81, 1874, 800, from his miscclla-
neous securities, 1878, ,695, or $40, 342, OF 5
| from his investments alone. Thus every
day they earn for him $2s, ,33425. Every
| hour secs him 81 $50. 80 richer and every
- w. ns SO. 81 added to his hoard
RnliJae Ini,fae mea. Wines, -e make 81, 900.
600 every .s ssa. ne calculatTnae
This rich maitff lives we'll but not lavish
| ly. Last year his ordinary expenses, he
stated recently, were but a trife over
$500, 700 In this is not included such
luxuries as his great ball. on which he ex-
| pended $40,0 600. Hisattire is modest and
does not indicate CrGsus by any means.
Mrs. Vanderbilt, too, although dressing
richly, is by no means extravagant, al
| though her diamonds cost $50, 900.