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According to Celebrity Net Worth, Anderson is worth a reported $200 million, a massive sum of money. News outlets began reporting that Gloria Vanderbilt might not be leaving her inheritance to her son, as prior to her death Cooper had decried inheritance as a "curse" and Gloria viewed wealth as an obstacle to hard work. Gloria allegedly told her one son, CNN anchor Anderson Cooper, that there would be no trust fund. In 2002 he became CNN's weekend prime-time anchor and has since hosted CNN's New Year's Eve special from Times Square. The COVID-19 pandemic has provided a huge boost to local real estate sales, especially on the higher end, in part from people moving to the area from larger metro areas or states with higher property costs and taxes, according to local real estate agents. They were among the earliest arrivals to 17th-century New Amsterdam. While the house itself was said to be worth $37 million, the restaurants and other venues the estate hosts increase the estates value significantly. Cornelius Vanderbilt had huge shipping and railroad empires; their success began with those empires. ", Related:Anderson Cooper Is Co-Parenting His Newborn Son Wyatt With His Ex. But all the rest of her estate will go to Anderson Cooper according to Vanderbilts last will and testament. Built in 1979, the 6,000-square-foot former Cecil home has two fireplaces and sits on 4.27 acres, according to Buncombe County tax records. Gloria Laura Vanderbilt was born on 20 February 1924, in Manhattan, New York City USA, and is an author, artist, actress, socialite, as well as a fashion designer, but perhaps best known as a part of the Vanderbilt family, which was one of the most prominent families in the United States during the Gilded Age, which . In today's dollars, this fortune would be worth around $2.1 billion. By August 2020, Hanks said, 14 residences hadclosed at over $2 million, and another 25 were under contract. He emigrated to the Dutch colony of New Netherlands. The Waltons are the richest family in the world. JUST IN: Gloria Vanderbilt, member of the storied Vanderbilt family, has died at 95 years old, her son Anderson Cooper confirms. Vanderbilt was a fashion designer and the only child of railroad heir Reginald Claypoole Vanderbilt. All Rights Reserved. Before her passing in June 2019, Vanderbilt and Cooper released a memoir together titled The Rainbow Comes and Goes: A Mother and Son On Life, Love, and Loss. The Cecils' former home featuresfive bedrooms, four full baths andtwo half-baths, as well as large windows,spacious patios, apool, streams and abundant foliage, the release notes. Currently, Gloria Vanderbilt is a descendant of the Vanderbilt family. Vanderbilt University in . Save my name, email, and website in this browser for the next time I comment. Cornelius Vanderbilt was a 19th century, American business owner, magnate as well as a philanthropist who had a net worth equal to $185 billion at the time of his death in 1877. (See below the list for the full methodology.) TheCecils built the home and resided there for over 35 years. After the death of Cornelius Vanderbilt, his son, William Henry Vanderbilt almost doubled his fathers empire by expanding the New York Central Railroad. And she was always in love. [3][4] The name of Jan's village, in the genitive case, was added to the Dutch "van" ("from") to create "Van der Bilt", which evolved into "Vanderbilt" when the English took control of New Amsterdam (now Manhattan). During this time, Cornelius Vanderbilt started a business with Thomas Gibbons. "My mom's made clear to me that there's no trust fund," Cooper told Howard Stern in a radio interview first reported by Business Insider. I'll go with what my parents said 'College will be paid for, and then you got to get on it.'". Cornelius Vanderbilt was born on 4th January 1877 in Manhattan, New York. I think its a curse, Cooper said. We make a profit to preserve Biltmore.. Twice he committed his son Jeremiah to a mental asylum, and he did the same to his wife when he was having a secret relationship with a younger governess. Thats him. He is also paid handsomely for it, pocketing a cool $12 million annually for his work at the network. These made him the wealthiest man in America. The same mentality is being passed down to Wyatt, as Cooper said he will take the same course. In 2021, its assessed value was $2.3 million, up from $2.19 million in 2017. As a child, Gloria Vanderbilt didnt know anything about her family or their fortune until she was thrown into the middle of a custody battle between her mother and her aunt over the money her father, the last male heir of the Vanderbilt fortune, left her after he died. Nobody from the Vanderbilt family made it into the wealthiest people in the United States. Cornelius Vanderbilt might have been the greatest capitalist in history. After George Vanderbilt visited Asheville in 1888, he was captivated by the land and purchased 125,000 acres. Gloria was the last direct descendant of Commodore Vanderbilt, who built up the family fortune through his shipping, railroad, and real estate empire. Either way, Cooper's fortune is derived primarily from his television career, which started in the late 1980s. In today's value, that will be around 2.5 billion dollars. . The CNN anchor just announced the birth of his son. Currently, Gloria Vanderbilt is a descendant of the Vanderbilt family. Peter Pulitzer, who was worth $25 million in 1982 ($60 million today), found himself in danger of losing his . Admission ticket prices start at $66 per adult and may increase depending on the season. His popularity extends to game shows as well, previously serving as host ofThe Moleand a memorable guest host onJeopardy! "This legacy property is steeped in history," Premier Sotheby's agent Marilyn Wright, who represented the buyer, said in the release. Offers may be subject to change without notice. In his book, Cooper claims that there wasnt much of the Vanderbilt fortune left when his mother, Gloria Vanderbilt, died in 2019. Cornelius and Sofia had thirteen children. That wealth is largely derived from his career in journalism, which dates back to 1992.. Up/down is compared to their net worth in 2015. Cooper started out in 2001 on CNN after the September 11 attacks in New York. Gloria Vanderbilt with her son, Anderson Cooper. I was like, 'Wow!' Related:Watch! CNNs Anderson Cooper comes from a lineage of privilege and fortune, be he won't be leaving that fortune to his son. Technically. Although thats a good amount of money, its a far cry from Commodore Vanderbilts net worth, which is estimated to have been equal to $185 billion at the time of his death in 1877. In just eight years, William doubled the fortune. Television journalist and author Anderson Cooper, who is a descendant of the Vanderbilt family, chronicles the familys life and wealth in his 2021 book, Vanderbilt: The Rise and Fall of an American Dynasty. The Commodore left the majority of his enormous fortune to his eldest son, William Henry Vanderbilt. Presently, As of May 2023, the descendant of Vanderbilt family Gloria Vanderbilt, a fashion designer, has a net worth of $200 million. Cooper has also hosted specials for CNN (hisCNN New Year's Eve with pal Andy Cohen produced many memes in 2021) and co-starred in an HBO special documentary with his mother,Nothing Left Unsaid: Gloria Vanderbilt and Anderson Cooper. She had a drive to make a name for herself and to find love and build a family and have successes of her own and money of her own, Cooper toldThe Washington Post. In addition to all ofthat, he also serves as a frequent correspondent for CBS News'60 Minutes. I feel strongly that youve neglected your responsibility in posting unsubstantiated information and as a result demonstrated an alarming lack of respect for not only the Vanderbilt family notwithstanding history itself albeit youve disrespected your readers. His fellow CNN anchorErin Burnett, for comparison, makes an estimated $3 million per year. Anderson Cooper and his mother, Gloria Vanderbilt. ", Regarding Beverly-Hanks, Jack Cecil said, "The friendship and working relationship between our two companies dates back to when our respective fathers first entered the real estate business. William Henry appointed his first son, Cornelius Vanderbilt II, as the next "Head of House". .css-1fgik18{color:#323232;display:block;font-family:NewParis,NewParis-fallback,Georgia,Times,serif;font-weight:normal;margin-bottom:0.3125rem;margin-top:0;-webkit-text-decoration:none;text-decoration:none;-webkit-font-smoothing:auto;}@media (any-hover: hover){.css-1fgik18:hover{color:link-hover;}}@media(max-width: 48rem){.css-1fgik18{font-size:1.0625rem;line-height:1.2;}}@media(min-width: 40.625rem){.css-1fgik18{font-size:1.0625rem;line-height:1.2;}}@media(min-width: 64rem){.css-1fgik18{font-size:1.3125rem;line-height:1.2;}}The Science Behind Lying, Schmooze or Lose: Getting Ahead Means Going Out. In the 1830s, he built many shipping lines in New York and earned a huge profit. He said: "He is named after my father, who died when I was 10. "There's none of that. Indeed, his $1.5 million sum is but a small portion of his overall net worth, and he told Howard Sternin a 2014 interview that he wasn't expecting much of a windfall from his mom. died suddenly from a heart attack in January. Cornelius earned his first. George Cecil and his younger brother, William, would eventually inherit the Estate and all its holdings, including Biltmore Farms, one of the largest and most successful dairy operations in the Southeast, and Biltmore House, America's largest home. Gloria allegedly told her one son, CNN anchor Anderson Cooper, that there would be no trust fund. Vanderbilt Family Net Worth In 1877, Cornelius Vanderbilt was the richest man in America. He died in January 1978 while undergoing heart surgery, according to The New York Times. They denied the allegations; Vanderbilt eventually won a lawsuit against them. Getty Image / Jenny Anderson / Contributor. At the time of her death, reports pegged Gloria Vanderbilt's net worth at around $200 million (146m). In Nashville, the Vanderbilt family established Vanderbilt University. Additionally, Cooper was the heir to his mother Gloria Vanderbilts fortune and received all of her property when she passed. https://t.co/BxravSnzLs pic.twitter.com/c3BCvVzjHB. Cooper says she died at home surrounded by family and friends. He is also a best-selling author of several books, including Vanderbilt: The Rise and Fall of an American Dynasty; The Rainbow Comes and Goes: A Mother and Son on Life, Love, and LossandDispatches From the Edge: A Memoir of War, Disasters, and Survival. Next,find out Oprah Winfrey's massive net worth and exactly how she earned itentirely on her own merits. These. After William died in 1885, family members who inherited the fortune started squandering it. Post. It sold for $9.5 million, "the most expensive residential sale in Western North Carolina," according toPremier Sothebys International Realty, which represented the buyer in the transaction. ", The journalist continued, "From the time I was growing up, if I felt that there was some pot of gold waiting for me, I don't know that I would've been so motivated.". I dont believe in inheriting money. Per the 2020-2021 final release data in IPEDS. "The high end of the market is really hot," Hanks said then. Wrightco-listed that property with John Witherspoon of Witherspoon Platt Associates and also represented the buyer in that sale. The Vanderbilt family can be credited for so many positive things. The estate. Editor's note: Gloria Vanderbilt died on June 17, 2019, at the age of 95. The great-great-granddaughter of railroad tycoon Cornelius Vanderbilt, Gloria was a chameleon, who successfully reinvented herself multiple times. When Commodore died, he left most of his fortune to his oldest son, William Henry Vanderbilt. I remember things about my dad that I never remembered before because I'm experiencing them with Wyatt as a dad. Now, the superstars like Anderson Cooper and Gloria Vanderbilt are the precedents of their family. From childhood, Cornelius was very passionate about building businesses and working hard for that. Copyright 2008-2023 BroBible. After William died in 1885, family members who inherited the fortune started squandering it. 14 East 16th Street", https://en.wikipedia.org/w/index.php?title=Vanderbilt_family&oldid=1151730043. It was her great-great-grandfather, Cornelius Vanderbilt, a prosperous railroad magnate and owner of the New York Central Railroad. The progenitor of the Vanderbilt family was Jan Aertszoon or Aertson (16201705), a Dutch farmer from the village of De Bilt in Utrecht, Netherlands, who emigrated to the Dutch colony of New Netherland as an indentured servant to the Van Kouwenhoven family in 1650. "He would want to be most remembered, not because of his lineage," Jack Cecil said in 2020. in April of 2021 - is worth a pretty penny, but claims he only received $1-2million out of his mothers estate upon her passing. She wanted to feel lifes pleasures, its pains as well. True, the CNN personality was born into money thanks to his wealthy socialite parents (mom was fashion icon Gloria Vanderbilt; dad was writer and actor Wyatt Cooper), but his fortune grew significantly once he was out on his own making his mark on the media world. The Vanderbilt family is truly a tremendous spectacle with roots dating back as far as 400 years ago. Cooper does not intend to leave his son Wyatt with an inheritance, he told Business Insider. Cooper has an estimated net worth of $50 million, according to Celebrity Net Worthbut according to other outlets, such as USA Today, it's actually more like $200 million. The Vanderbilts' prominence lasted until the mid-20th century, when the family's 10 great Fifth Avenue mansions were torn down, and most other Vanderbilt houses were sold or turned into museums in what has been referred to as the "Fall of the House of Vanderbilt".[1][2]. However, he's insisted there was little privilege for him in his family fortune. Using that money, he went on to build a fortune. Gloria Vanderbilt attempted to talk her then-23-year-old son off the ledge, but Carter still jumped to his death. Estimated Wealth: $224.5 billion 1. In June of 2019, heiress and fashion icon Gloria Vanderbilt passed away. Before her death in 2019, Glorias net worth was estimated at $10 million, according to Celebrity Net Worth. At the time of Wyatt's death, Anderson was just 10 years old. The TV journalist announced the birth of his son, Wyatt Morgan Cooper, in late April 2020. "The residence is surrounded by the last undeveloped acreage owned by Biltmore Farms that will ever be available for development in Biltmore Forest," the release states. Though he was born into generational wealth, the bulk of Cooper's fortune comes from his television work with CNN. At the moment, the net worth of the family is difficult to figure out because of how vast the family has become, but it was estimated that if Cornelius Vanderbilt was alive today, his net worth would have been $185 billion as of 2023. I think the New York Post put out a thing early on [that] it was $200 million. As a child, Commodore could barely read and write. He also collects quite a salary $12 million annually (estimated). Some of Cornelius Vanderbilts descendants have created huge wealth by developing businesses while some of them gained fame in various ways such as: Anderson Cooper: He is the son of Gloria Vanderbilt and also an award-winning journalist and a TV star. They lived in America, but their origin was Dutch. In 2021, its assessed value was $2.3 million, up from. In addition, Vanderbilt was a writer, actress and an artist. When Cornelius Vanderbilt (the Commodore) passed away in 1877, he left the majority of his fortune valued at $95,000,000 to his oldest son. Shortly before his death in 1877, Vanderbilt donated US$ 1 million (equivalent to $25 million in 2021) for the establishment of Vanderbilt University in Nashville . He also collects quite a salary $12 million annually (estimated). A significant amount of her net worth comes from a $2.5 million trust fund she inherited from her father, Reginald Claypoole Vanderbilt in 1925. Cecil was the grandson of George Vanderbilt, who developed the 250-room Biltmore Estate, which opened in 1895. Cooper has said that his. When Commodore died, he left most of his fortune to his oldest son, William Henry Vanderbilt. He was the fourth of nine children born into a Staten Island family of modest means. Once considered the richest family of the Gilded Age, the Vanderbilt family now has a net worth that pales in comparison with what it was when Cornelius Commodore Vanderbilt ran the show during the 19th century. Theres none of that. But it seems as though Gloria had a change of heart because she is giving a huge portion of her vast wealth to Cooper. Gloria became the subject of headlines in 1934 when she was just 10 years old due to a custody battle between her mother and her aunt, per History. Since selling it in 2007, however, they've kept a relatively low profile. Are the Vanderbilt Heirs Being Forced Out of the Breakers? Gloria Vanderbilt net worth is $200 Million Gloria Vanderbilt Wiki Biography. Shortly before his death in 1877, Vanderbilt donated US$1 million (equivalent to $25million in 2021) for the establishment of Vanderbilt University in Nashville. From the time I was growing up, if I felt that there was some pot of gold waiting for me, I don't know that I would've been so motivated. How much is the Biltmore Estate Worth 2021? Find Out About Kelly Clarksons Net WorthAnd How Much Her Now-Finalized Divorce Will Cost Her, Cooper was born into massive wealth and connections, which undoubtedly played a role in his success. One report states that Christopher cut himself off from the rest of his family in 1978 and is said to have become a recluse, reportedly as the result of an incident regarding Vanderbilts therapist Christ Zois which affected Christophers relationship with his fiance April Sandmeyer., RELATED: Reese Witherspoons Daughter Ava Phillippe Gets Amazon Endorsement Deal After They Drop Lori Loughlins Daughter Olivia Jade, Gloria had one other child, Carter Vanderbilt Cooper, who was Andersons brother and son of Wyatt Emory Cooper. But with five Emmy wins, a GLAAD Media Award, and a Peabody under his belt, the television personality is doing fine on his own, thank you very much. For decades, Cecil headed the Biltmore Farms Company, which developed numerous hotels, apartments and the Biltmore Park residential neighborhood and Town Square. Anderson Cooper Was Not Happy When, 10 Facts You Might Not Know About CNN Host Anderson Cooper, Anderson Cooper Is Co-Parenting His Newborn Son Wyatt With His Ex, Vanderbilt: The Rise and Fall of an American Dynasty, The Rainbow Comes and Goes: A Mother and Son on Life, Love, and Loss, happily still employed by the cable news giant. The publication reports that her will was filed in Manhattan, and it "says the recently deceased socialite fashion icons eldest son Leopold 'Stan' Stokowski will get her Midtown pad in a co-op at 30 Beekman Place, but 'all the rest' of her property goes to the CNN host.". When he died, Cornelius had a net worth equal to $185 billion. Cornelius Vanderbilt had made around $1000 in the first year of his shipping business. According to the New York Post, Cooper just inherited the majority her estate, a sum which totals less than $1.5 million. The Biltmore Company also offers annual passes, which are currently $249 per person. Hearst Magazine Media, Inc. All Rights Reserved. The Beverly-Hanks release notes, "The 45 acres of forested land surrounding 2 Arboretum Road and its four acres have been in the Vanderbilt family since the 1890s when George W. Vanderbilt chose Western North Carolina as the location for his treasured home, Biltmore House.". Here is Forbes ' definitive ranking of the 50 richest families in America. There's none of that, [and] I don't believe in inheriting money," he said. I was honored to unite my buyer with this extraordinary home, and was able to offer a valuable understanding of not only the property but our region., The listing agent was Clary McCall of Beverly-Hanks, South. He was in Washington D.C. at the time. Cornelius Vanderbilt had made around $1000 in the first year of his shipping business. This time, the sale came from the former home of George Henry Vanderbilt Cecil, the grandson and an heir of famed Biltmore Estate founder George Vanderbilt. Later, his son William Henry Vanderbilt donated a further 4 acres (1.6ha). Anderson Cooper, CNN news anchor and heir to his mother Gloria Vanderbilt's fortune, is father! BILTMORE FOREST - Another week, another record-setting high-end home sale. The couple had 13 children together, 11 of which survived to adulthood. Love is what she believed in more than anything., RELATED: Warren Buffetts Berkshire Hathaway Scammed Out Of $340 Million By Couple Who Pulled Off $810 Million Ponzi Scheme. Once considered therichest familyof the Gilded Age, theVanderbilt familynow has a net worth that pales in comparison with what it was when Cornelius Commodore Vanderbilt ran the show during the 19th century. The family is associated with the Dutch patrician Van der Bilt.[5]. He has received $100 reforming land of his father while he was of age sixteen years. Related:Miss Independent! Gloria Vanderbilts father was the last male heir of the family fortune. (Again, it's significant to most of us, but in relation to where her fortune started and where his currently is, it isn't much! But you might ask who started the Vanderbilt fortune? "But because of the humility and the love of fellow mankind he had, and his vision for what he hoped WNC would become. JUST IN: Gloria Vanderbilt, member of the storied Vanderbilt family, has died at 95 years old, her son Anderson Cooper confirms. Americas first great tycoon dies Cornelius Vanderbilt Americas first great tycoon passed away on 4 January 1877, leaving behind a fortune worth $100 million, equivalent to . The 250 room mansion and 175,856sqft (16,337.6m2) of floor space remains on top of the list of largest houses in the United States to date. In August 2020, Hanks said in all of 2019 the nine-county region they cover had22 residential sales of over $2 million. Last week, Wrightclosed on the previously highest-priced home in the region: a$9.3 million farmhouse estate at 3903 Island Ford Road in Brevard. After a few years, they moved to Greenwich Village. She once said of her fortune, "Remember whenever money is involved, it brings out horrific things in people. Hilton Family Net Worth (And How They Made Their Money!) Wyatt Emory Cooper was Gloria Vanderbilt's fourth husband. She felt an imposter from the time she really learned about the family, which was when she was removed by the courts and sent to her Aunt Gertrude, Cooper toldThe Washington Post. As a child, Gloria Vanderbilt didnt know anything about her family or their fortune until she was thrown into the middle of a custody battle between her mother and her aunt over the money her father, the last male heir of the Vanderbilt fortune, left her after he died. But exactly how did the silver fox transform from the boy born with a silver spoon to TV's golden boy? This family is basically of Dutch origin. I feel like I'm in communion with them in some strange way. Cooper is one of the highest-paid news anchors and broadcast reporters in the United States. Despite his significant wealth, Cooper doesn't consider himself a big spenderin fact, he's a bit of a cheapskate by his own admission! While that is still about half of the sales price, Miller noted that the assessment for the 45-acre surrounding tract comes to about $60,000 an acre, which is appropriate for landed classified as "farmland," which was its classification. Cooper along with his brother Carter came from her last marriage with Wyatt Emory Cooper. He carried passengers from Manhattan to Staten Island in a boat. He took $100 from his mother and bought a vessel, periauger. Holidays and especially Father's Day when you don't have a dad is not even just bittersweet, it's inexplicable," he said. Glorias oldest child, Leopold Stanislous Stokowski was gifted his late mothers apartment in a co-op in Midtown Manhattan. William Henry, who outlived his father by just eight years, increased the profitability of his father's holdings, increased the reach of the New York Central Railroad, and doubled the Vanderbilt wealth. Their Net Worth, How Rich Is The Ghislaine Maxwell Family? When he passed away in January of 1877, he left 95% of his money to his eldest son William Henry Vanderbilt. On 19th December 1813, he got married to his first cousin Sofia Johnson. His work impressed viewers and higher-ups, and he soon became a correspondent for the network. The heiress was married four times and had four children: Leopold Stanislaus "Stan" Stokowski, Christopher Stokowski, Carter Vanderbilt, and Anderson Cooper. She cared about being generous to her friends and having a nice physical environment and creating art.". Thats the true him. The Biltmore Estate is owned by The Biltmore Company. After graduating from Yale in 1989, Anderson became a fact-checker for Channel One News, eventually producing original reporting on the unrest in Myanmar (then commonly known as Burma). The Vanderbilts had three sons, although one boy, George, died in 1864. Last year, she had another listing in Biltmore Forest that soldfor $7.7 million, a record high for the region at the time. Cecil, who headed the Biltmore Farms development company for decades, died in October 2020. The custody battle gained national media attention. Commodore Vanderbilt grew the family fortune from humble beginnings. From the time I was growing up, if I felt that there was some pot of gold waiting for me, I dont know that I wouldve been so motivated.. Save my name, email, and website in this browser for the next time I comment. Buncombe County Tax Assessor Keith Miller said the adjoining 45-acre tract was included in the sale. The other articles I read stated the net worth to have been not in the millions but the billions. Additionally, Cooper was the heir to his mother Gloria Vanderbilt 's fortune and received all of her property when she passed. Cooper says she died at home surrounded by family and friends. She reportedly left him $1.5 million, and he claimed in his book Vanderbilt: The Rise and Fall of an American Dynastythat the entire Vanderbilt fortune had dwindled to almost nothing. Before her death in 2019, Glorias net worth was estimated at $10 million, according toCelebrity Net Worth. The now-disgraced formerCuomo PrimetimehostChris Cuomomade $6 million per year before his ouster for alleged ethical lapses surrounding brother Andrew Cuomo's sexual misconduct allegations. Bill Cecil Jr. is the current president and CEO of The Biltmore Company. 33-35. Jeff Bezos Splurged on $500M Yacht Whats His Liquid Net Worth Now? Cooper makes a cool $12 million per year for his work with CNN,Yahoo! The Vanderbilt Family Mausoleum was designed in 1885 by architect Richard Morris Hunt and landscaped by Frederick Law Olmsted. He hosts Anderson Cooper 360 while serving as a correspondent for 60 Minutes on CBS. Email us atexclusive@the-sun.comor call212 416 4552. Just how rich was the Vanderbilt family? In 1826 after the death of Gibbonss Vanderbilt wanted to buy the company, but his son did not sell it to him. After adjusting for inflation, Cornelius Vanderbilt was one of the wealthiest Americans of all time. That single boat would eventually become an entire fleet of steamships, and a railroad empire would follow. She had a drive to make a name for herself and to find love and build a family and have successes of her own and money of her own, Cooper told The Washington Post. Gloria's mother, Gloria Morgan, became a widow in 1925. Contemporary descendants include American art historian John Wilmerding, journalist Anderson Cooper, actor Timothy Olyphant, musician John P. Hammond, screenwriter James Vanderbilt, and the Duke of Marlborough. Fulton's company had established a monopoly on trade in and out of New York Harbor. Details On The, 100 Facts About The Ace Family: How Much Money Does The, 140 Untold Facts About The Kabs Family: How Much Money Do, The Musk Family's Net Worth 2023: Who Is The Richest Musk, Why Is The Musk Family Rich? That single boat would eventually become an entire fleet of steamships, and a railroad empire would follow. Vanderbilt's inheritance is even more massive when adjusted for inflation: In 2022, Vanderbilt's $5 million fortune would have been worth more than $80 million. Although Cooper reportedly makes $12million from his role at the news station alone, he said he doesn't believe in passing on money.