Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1889-01-17
The Vanderbilt Gold.
A FAMILY THAT DEALS IN MIL
LIONS.

| ICOmp3risou aot tine ureht Amertcau
Money-Bags With Other Money.
Bags - Individual and Combined
WeaIth-A Protected Family.
NEW YORK, Jan. 4.-Careful caleula-
ton of the wealth of individual men,
bers ofthe Vanderbilt family makes the
following exhibit: Cornelius Wander
bilt, Sill, 100000; VIM. X. Vanderbilt,
S85, 600, 900; Fred w. Vanderbilt, S16,-
900, 900; Geo. w. Vanderbilt, SIS, 900,
900; Mrs. Elliott F. Shepard, $12,
900; Mrs. Hamilton Mex. TwOmhly,
S12, ,0O0. .00C; Mrs. w. z. Ward Webb,
$12, ,0O0, 900; total S274, ,0O0, 900, Mrs. w.
H. Vanderbilt has no fortune in her
own name, contrary to general belief.
She has an annuity Of $500, 900. When
VIM. H. Vanderbilt died he left for
tune in round numbers of $200, ,000, 900.
1t is remarkable how it has increased
in the three years that have elapsed
since his death. The wealth Of VIM.
| H. Vanderbilt has increased So, 900, :
900 since his death. The manner OF
the increase is both plain and natural.
The Vanderbilt estate was the best in
vested in the world. Reckoning in
terest at 5 per cent. and compounding
semi-annually, the natural improve
ment of the total wealth in the past
three years has been $33, ,835. 200. The
stocks of nearly all the Vanderbilt
roads have materially improved in
value. In some instances the improve
ment has been 25 per cent, in Others 20,
and so on to lesser rate. In addition,
profitable investments have been made
with the income. The wealth of the
Vanderbilt family, comprising only
eight persons, is greater than that of
any individual family in the world
The Rothschilds are worth altogether
about 81 ,000, 100000, but their wealth is
scattered among a great many separate
families and distant relatives. Cor
nelius Vanderbilt is the wealthiest in
dividual in the world. The fortune of
the richest individual Rothschild is not
estimated at above $75,00O,0O0. AS a
rule great fortunes are over-estimated.
The figures here given are carefully
compounded from authentic sources
and are as nearly correct as it is posi-
Bile to make them. They are in no in
stances excessive. VIM. III. Wander
bilt left $40 ,000, 900 to each of his eight
children and a special legacy of $2,000,-
| 900 to his son Cornelius. Then he di-
rected the residue, which amounted to
about $120, 900 900, to be divided equally
between his sons Cornelius and VIM.
X. All the Vanderbilts are likely to
live 25 years longer, and their fortunes,
compounding it semi-annually, will at
| oF hok ho COIL 900 100
The increase in the fortune of Cornelius
Vanderbilt has been greater proportion
ally than that of other members Of the
family. He is the best financier of the
family and his wealth will be apt to
always increase in much larger ratio
than that of any of his brothers. If he
were to live so years longer he would be
Millionaire twice over perhaps. 1t is
the general impression that the Van
derbilts live in the most magnificent
and expensive style. 1t is true they
live luxuriously, but the amount of
their personal expenditures, consider
ing their great wealth, is moderate
Cornelius Vanderbilt spends about
$3.50, 900 year including his charities.
VIM. X. Vanderbilt spends about $780,
900 and in this sum is included mainte-
nance of his yacht. Fred X. lives
within $50,000 and George w., who
makes his home with his mother, does
not spend over $4,000. Mrs. Shepard,
Mrs. Sloane, Mrs. Twombly and Mrs.
Webb spend about $50, 900 a year. All
told, probably, the expenses of the
nelius, VIM. X. and Fred w. Wander
1 MaH n
DR.. w. Seward Webb, the latter two
sons-in-law Of the late VIM. H., have
official positions on Vanderbilt rail-
roads, to which good salaries are paid.
The other two sons-in-law, one Col.
Elliott F. Shepard, has the mail and
express and the other, VIM. d. Sloane,
has partnership interest in large
carpet house. With the exception Of
VIM. K. the Vanderbilts are personally
decidedly plain and unostentatious.-
Mrs. VIM. III. Vanderbilt was a daugh.
ter of a clergyman and singularly un.
affected and kind hearted woman. She
never INDUCED in show of any kind
and preferred her domestic pleasures tc
any others. Cornelius Vanderbilt il
looked upon as the head Of the Wander
bilt family. He is grave, thoughtful
man, who devotes himself assiduously
to the interests of the Vanderbilt rail
roads. He will probably remain the
directing power of these corporations a.
long as he lives. He was the favoritt
grandson of Commodore Vanderbilt
whose name he bears, and he was the
favorite son of his father whose affair
he looked after from the time he wa
old enough to assume business responsi
bility. He is an Iardent churchmar
and large contributor to church work
VIM. K. Vanderbilt is the only one o
the brothers who cares for or devote
himself to society. The great fancy
dress ball which he gave at his Fifth-av
residence, a few years ago, established
him as social leader. Since tina
time. his yacht, the Alva, has beer
built and he has obtained recognition
in aristocratic circles of Europe. Less
perhaps, is heard of Fred w. Wander
bilt than of any of the others. He i
the only one who seems to have any o
his fathers fondness for horses, but h
has not attempted to secure animal
famous for their speed. He has goo'
business qualities and is giving con
siderable attention to railroad affairs
IGoo VIZ Uondarhilt tho xyo,lnUoat n