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Lifestyles of the Rich and Robber Barons

Lifestyles of the Rich and Robber Barons. Cornelius Vanderbilt. Railroad and Steamboat Baron “What do I care about the law. Ain’t I got the power?” Worth $100 million at his death ($143 Billion today) One of his many arch enemies was Mark Twain who accused him of having no soul.

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Lifestyles of the Rich and Robber Barons

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  1. Lifestyles of the Rich and Robber Barons

  2. Cornelius Vanderbilt • Railroad and Steamboat Baron • “What do I care about the law. Ain’t I got the power?” • Worth $100 million at his death ($143 Billion today) • One of his many arch enemies was Mark Twain who accused him of having no soul. • Great grandson is Anderson “The Silver Fox” Cooper.

  3. John D. Rockefeller • Oil Baron • “God gave me my money.” • Father was a Snake Oil salesman. • Company he created—Standard Oil-- was ruled a monopoly and split into 34 companies (Conoco, Amoco, Chevron, Exxon Mobile) • Donated $550 million of his $900 billion fortune.

  4. Andrew Carnegie • Steel Baron • Scottish Immigrant • Preached the “Gospel of Wealth”-- that barons should not only accumulate wealth but should distribute wealth to help others. • 1892 Homestead Strike • Worth $400 million, gave away $380 million.

  5. JP Morgan • Finance/Banking Baron • “We are not in business for our health.” • Helped form General Electric, US Steel, and The New York Times. • Was viewed as the most powerful man in America. • Archenemy was Teddy Roosevelt. • Spent $60 million ($900 million today) on art. • His uncle wrote the song “Jingle Bells”.

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