Two men were walking down the street when one, having spotted in the distance a newly-minted billionaire, said to the other, “You know, we have something he’ll never have” . . . . “What’s that?” asked the other . . . . “Enough.”
The Vanderbilt story is a slight twist on the quintessential inter-generational rags-to-riches-to-rags dynastic plot line: first-generation founder, a visionary, ruthless perhaps, forges financial empire out of nothing but cunning, luck and single-minded passion; energy dissipates as heirs shift focus from offense to defense marked by the consolidation of riches and self-indulgent excess; fortune eventually exhausts itself among the squabbling trust-funders of the unfolding lineage.
Cornelius “Commodore” Vanderbilt built an empire front-running the railroad promise of 1800s America. He and his son William left a legacy that would make the Sun God blink, an amount said at the time to be in excess of all the money in the U.S. Treasury. That fortune, becoming largely depleted by wretched excess, was left to grandson Reggie on his 21st birthday who expressed his gratitude by devoting his life to “brandy and gambling”, thereby blowing much of the remaining riches and dying by choking in a pool of blood from the consequences of an enlarged liver at age 45 (The Rich And The Wealthy).
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