Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1884-03-21
W. II. VANDERBILT.
The Worlds Richest Man, an Estimate
Of His Fortune.
Worth $500, 900, 900, aud Over $1,000
Added 10 His Wealth Every Hour.

Added 10 HIS Wealtn Every HOUR.
Exchanged
At the beginning ofevery year, says
the New York Morning Journal of yes
terday. Mr.. w. III. Vanderbilt makes ii
an invariable custom to takea careful in
ventory of his immense property. His
strong-boXes are then opened, their con-
tents counted, and from the total the
profit for the year il reckoned. In Janu-
ary, lss3, he told an intimate friend,
who had dined with him that day,
that he was worth $l94, 100000.
al believe ! am said Mr.. Wander
bilt, "the richest man in the world.
In England the Duke of West minister
is said 10 be worth 5000, 100000, but it
is mostly in lands aud houses. 1t does
not yield him per cent. A year
from now | shall be worth more than
5000 900 900, and will have an income
equal to per cent, on that amount"
When his talking tit had left him
the modern Midas repented his nasty
speech, aud asked that it be not report
ed, claiming bis words were but boast
| ful and his wealth exaggerated.
A few days ago Mr.. Vanderbilt sent
some papers to gent lemah win
whom he had business relotlons. On
| looking them over the recipient was
astonished to find the rough draft OF q
memorandum in the Cars peculiar
| handwriting: II WAS dated January
| Is, 1881, and was evidently ms last
blapce. sheet, which by oversight hau
been folded inside another paper. VI
coursef the secret could not pe KEPT,
aud the figures reached the journal.
An error or two may have crept IN on
| IN tnpy
tell the following:
Mr. Vanderbilt has registered in his
name and in coupon bonds S54 0O0,GOO
i'm four per cents maturing in 1907.
| He has lately added to these 81, 00O,ooo
in three-aud-a- half per cents, and yet
retains trifle over $l,0O0 600 in SIX
per cents. The four per cents are
worth l24, and the market value OF his
| Governments to-day is $40, bsO,OO0.
INT the bulk of the wealth OF the
king of millionaires is invested IN
railroad securities. He holds 24O,OOU
snares of Michigan Central stock, 500,
O0O shares of North western, including
5000 of the preferred stock, ana q
black of omaha, 600 shares OF New
York Central. Besees this are smaller
amounts in score of other stocks,
among which are Rock Island, OF
which he had $4,000 shares, and
T,aclinwanna. were the total was %
600. or the others he had in ali III
$40. grand total Of $685. $40 shares OF
stocks.
or various iailroad bonds there was
an aggregate of So, 10000, ana o.
State and city bonds S3,2OO;0O. IL
miscellaneous sucnrities, manufacture
ing stocks and mortgages the sum o.
about s. 100000 was shown 10 DE Hi
vested. a.
Reckoning at Yesterdays prices TN
value of Mr.. Vanderbilt's railroad
stocks is SIS. 750, 900. of his Govern
mepts, $40, $50 900; of his railroad bonds
SIG, s57. 42O; of his other securities I
triiie over $5,00o,00O. The aggregate L
S20l ,332, Alb.
The Car puts down an item o
: "real estate, &C.. " 600 00O.p In I'M
isincluded his splendid. Fifth aV@hu
mansion, which, with its furniture an'
contents, cost nearly or qulte 90 ,o9ol
g 600. His magnificent art gallery, WIZ
r its gems From the best m nn nad
masters, represents almost Si'oov,oou
: the estimate being that OF a ioca
a conpoisseur who is familiar with th
gallery. His stables on flity,his
+ street occlpying one of the most desiI
: able building sites in the city, repres
. ent $500, 600, while the equine beautie
Q there luxuriously lodged would no
q be disposed Of for as much more
d Maud s. would bring $75,O00 al
!, forced sale, and her owner would no
y dispose of her for any price. EAR.
i Rose and Aldine are also held aooN
i price.
= The Car can take life compara'lvei.
:, easy on an income 70 $l2,0Oo,ooo
y year, and watch his wealth pie "
d without any effort of his. From III
f. governments he draws S2,372,o Oo
year; from his railroad stocks an
bonds, 81, 304, 800; from his mlsceilai
ia eous securities, $575 sos, or 5000
i 0l5 from his Investments alone. Iht
a every day they earn for him W. ,3s4 y
n Every houa sees him 81 ,lGO 81 riche
h and every minule means $l96 adds
"a to his hoard. Besides this, h
~ calculates to make s2,000,OVO ever
ia by fortunate sales. His reinvestmen'
,e last year he calculates did this;
This rich man lives well but M
lavishly. Last year his ordinar
expenses, he stated recently, were pt
trifle over 100000. In this II NJ
We included such luxuries as ms grei
Id ball, on which he expended, sio;oo
W His attire Is modest and does ~
b. indicte Crmsue by any means, MI
III Vanderbilt, too, although dressin
OF richly, Is by no means extravagsn
NJ althouph her diamonds cost hsr io'
be 100000.
Since Mr.. Vanderbilt made out b
balance sheet some unimpoila
changes have been made In Dis inve'