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He had over $100 million at his peak in the railroad business.

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Cameron Sanford

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4y ago

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How did the Vanderbilts lose their money?

The Vanderbilts lost their money due to poor financial decisions, overspending, and the decline of their railroad and shipping businesses.


How did the vanderbilts and other families become the wealthiest and most powerful people in America?

Vanderbilts and other families became wealthy and powerful in America for different reasons. Most families made their money in growing businesses like oil, newspaper and railroads. Once the families had money, they were able to turn that into power.


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The Rothschilds and Vanderbilts are not directly related; they come from distinct backgrounds and families. The Rothschilds are a prominent banking family of Jewish descent originating in Germany, while the Vanderbilts are an American family known for their wealth in the shipping and railroad industries. Although both families have been influential and wealthy, any connection would be distant and not through direct lineage.


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