The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-07-30
MILLIoNAIREs OF 1925
AMERICAN BOYS WHO WILL SUCCEED
TO THEIR FATHERS WEALTH.
Ten of the Richest Men in the COun-
try Provided with Heirs-The
Vanderbilts and Astors.
Cf I.o,liS Rennhlio

Two Of the ten richest Americans Of 1873
have just started out upon an adventurous
tour around the world, If they are ship
wrecked or gobbled up by lions or raided
by enthusiastic Congoese. or fall victims
to any other danger of travel the money
charts of the world must be sharply al
tered.
1t is comparatively easy to know who
will be the ten richest Americans in 1925
The Rockefeller millions, the Vanderbilt
millions. the Astor. Gould, Whitney, Nor
gan and Havemeyer millions have been dis
posed of in wills that not even the keenest
lawyers can break. The bulk of each OF
these vast estates will go to some selected
son-not in all cases the eldest 1t would
be harder to forecast the disposal of the
millions of Russell Sage, Andrew Carnegie
and Coils p. Huntington They are not
blessed with sons. Mr.. Sage has no children.
Mr.. Carnegie has baby girl, Mr.. Hunting
ton stepdaughter. who married prince
that beat her. So their millions will go TO
other names or to charity.
The ten richest men in America with sons
are. in the order of their riches, John d.
Rockefeller, Cornelius Vanderbilt, William
K. Vanderbilt John Jacob Astor. George j.
Gould. William Rockefeller, William c..
Whitney, j. Pierpont Morgan, Theodore A.
Havemeyer and James A. Burden. OF these
but two. In all probability. will be living
a quarter century hence, in 1925. These are
John Jacob Astor and George j. Gould,
both of whom are still on the right side
of forty. OF the others, any who survive
would be too old to bear the cares of bust
ness, and their sons would be in their places,
even though the fathers lived SO 1t is easy
q hd mn tim
1925, and to find out by the compound in
terest tables how much each son will have.
1t is now the thing to follow the English
fashion, which leaves the bulk OF an estate
TO the elder son, preferably, but in any
case to some son on whom the care OF 1t de-
wolves. This does not mean that young men
born to the silver spoon will be pennilesS.
Iney. can have a million or so year to
spend without hurting anybody, while the
creasing That is what the Vanderbilts and
the Astors and the Goulds and the Rookie
fellers and other rich men are doing for
their posterity.
THE LUCKY YOUTHS.
Who are the sons to whom the bulk of
these great estates will, in due season. be
left? First on the list comes John D.
Rockefeller, jr.. heir to more money than
any other man in the United States. He is
twentythree years old. quiet, simple.
Straightforward, of medium height and
gold-rimmed eyeglasses, suggest the student
rather than the financier. This lucky
young man, born in 1876. is now twenty
three years old. He teaches a Sunday
school class. just as his father did before
MIN. He is dovout attendant at the Fifth
avenue Baptist Church. just as his father
is. From the day he came into the world
until unit f this his life has been one Of prepare
pared for college by private tutor, and
when he entered Brown University was al
ways able to stand high in his classes
There. too. he played football and took pas
sionately to horseback riding. Unlike most
or his mates, he didn't learn to drink or
smoke. AS for gambling, never! Instead
he learned the violin. In the autumn after
his graduation, in 1897. he became en-
ploye of the. Standard Oil Company, of
day to this he has religiously kept office
hours, going and coming with the other
fortunes. unless they make them them
selves.
On Feb. q last the young man made his
bow to the financial world, in which his
| of the Delaware, Lackawanna & Western
Railroad. thanks to his fathers vast in
| S. directors fee every time the board meets.
Young Mr.. Rockefeller cares not a snap of
his fingers for society. He never appears at
any smart function. He does not belong to
| club or a social organizat ton. His life is
consecrated to but one thing-the care of
his fathers millions when his time comes.
What difference is presented by Alfred
| @. Vanderbilt, second son of Cornelius Van
derbilt. His preparation for the care of a
vast estate is different. On July % he and
| young William P. Burden, who is to fall
| heir TO the great Burden fortune, together
| with Douglass Cochran and Ernest Isein,
| both of whomNwill inherit a tri1ing million
| or so, were off for trip around the globe.
| Meanwhile young Vanderbilts elder brother,
Cornelius, jr, who is to be cut off for mar
| rying against his fathers wishes, is grind
! ing away in a railway office and running a
locomotive to see how it is done.
| year ahead of them After rousing send
| off from Newport, where Mr.. and Mrs. Van
derbilt gave farewell party and dance in
take steamer TO Japan. They purpose see
| ing everything of the world in luxurious
| style. In Abyssinia they Will stop TO rough
| will sojourn long in Asiatic cities and go
| over all Europe very fully. Paris and Lon
don will be reached in time to enjoy the
! social seasons there. 1t will be more than a
| year before they come home, and the perils
of travel which they will meet may alter
| financial plans.
| carefully guarded. But only the strong arm
| or Prince George OF Greece prevented the
present Car of Russia from being muir
| dered by fanatic in Japan. The young
| travellers will encounter peril by shipwreck,
| the accidents of the hunting field, the plans
of violent men, They are tempting prey
| 10 br1gandS, TO tigers, cobras, adventures,
| savages. But they have measured the risk
and mean to return to guard their millions.
| THE VANDERBILT BROTHERS.
Young Alfred Vanderbilt no longer
knows" his brother. He has tried to re-
main friendly, but the older brother de-
clines. Perhaps he may be pardoned when
he knows that the mighty Vanderbilt es-
tate. sl2o.o0o,Ooo. goes to his younger brother.
He will get an income that would make
any other young man happy, but the great
estate Will not be trusted to him.
| Alfred Gwynne Vanderbilt is twenty
three years old, good looking, we'll dressed,
| graduate of Yale, 49, His mates voted
| him the social light of the class. He was
| popular with the students because of his
| manliness and freedom from all snobbish-
| ness. He belonged to all the Yale socie-
ties-the ambition of every Yale boy-and IN
his senior year was honored with an cleo
| ton to the Skull and Bones, which has
| numbered more distinguished Yale men
| than any other in the university. Like his
| brother, the young man lost his heart early.
His intended is Miss Elsie French, daughter
Of Mrs. Francis Ormond French, Miss
| French is beauty and has s.. 100000 in her
i own right. The engagement has not been
| announced, but the 400 know that the
| wedding will take place when young Van
| derbilt comes back from his trip around the
1 world. This beauty will have handsome
| husband. Alfred Vanderbilt has been rid
| ing down Bellevue avenue, Newport, every
1 day for a month-his is a beautiful horse
| bowling right and LETT to his acquaintance.
| Tall. slender. dark, with easy manners,
| charming and unaffected, with fine brown
| eyes and clean-cut features, he is the con-
| trast to his elder brother. who almost looks