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Anderson Cooper explores his Vanderbilt family history in a new book detailing the immense tragedies, scandalous lives and unimaginable wealth surrounding the American dynasty
How The Vanderbilt Family Lost Their Entire Fortune By Therese Nguyen/Dec. 28, 2020 11:01 am EDT/Updated: Jan. 29, 2021 9:54 am EDT In the late 19th century, social and technological changes allowed thousands of families to get ridiculously rich and prosper in a period called the Gilded Age, as described by Time. It was an era where flaunting your wealth publicly was all the rage, even in the face of income inequality as millions of other Americans struggled day to day. The Gilded Age was when many of the infamously wealthy families got their start, from the Rockefellers to the Carnegies t...
Gerrard. >> in the appearance for us when we read history books, created the schools. but he created people that were dependent on him to stay in power. >> rockefeller retired by the 1900s and that is a movement that begins in the progressive era. [ inaudible ] >> that's true. >> glenn: that's what we were talking about, i don't know if you heard in the break. i said my problem is that, you know, that money can reach beyond the grave. i think it was vanderbilt who said the more money i have, the more i give my children, the more damage i do to them, because they don't have the struggle i have,...
Gerrard. >> in the appearance for us when we read history books, created the schools. but he created people that were dependent on him to stay in power. >> rockefeller retired by the 1900s and that is a movement that begins in the progressive era. [ inaudible ] >> that's true. >> glenn: that's what we were talking about, i don't know if you heard in the break. i said my problem is that, you know, that money can reach beyond the grave. i think it was vanderbilt who said the more money i have, the more i give my children, the more damage i do to them, because they don't have the struggle i have,...
Gerrard. >> in the appearance for us when we read history books, created the schools. but he created people that were dependent on him to stay in power. >> rockefeller retired by the 1900s and that is a movement that begins in the progressive era. [ inaudible ] >> that's true. >> glenn: that's what we were talking about, i don't know if you heard in the break. i said my problem is that, you know, that money can reach beyond the grave. i think it was vanderbilt who said the more money i have, the more i give my children, the more damage i do to them, because they don't have the struggle i have,...