Fortune's Children: The Fall of the House of Vanderbilt

Fortune's Children: The Fall of the House of Vanderbilt

by Arthur T. Vanderbilt
     
 

For fans of Downton Abbey, a real-life American version of the Crawley family—Fortune's Children is an enthralling true story that recreates the drama, splendor, and wealth of the legendary Vanderbilts.

Vanderbilt: The very name is synonymous with the Gilded Age. The family patriarch, "the Commodore,” built a fortune that

Overview

For fans of Downton Abbey, a real-life American version of the Crawley family—Fortune's Children is an enthralling true story that recreates the drama, splendor, and wealth of the legendary Vanderbilts.

Vanderbilt: The very name is synonymous with the Gilded Age. The family patriarch, "the Commodore,” built a fortune that made him the world's richest man by 1877. Yet, less than fifty years after his death, no Vanderbilt was counted among the world's richest people. Written by descendant Arthur T. Vanderbilt II, Fortune's Children traces the dramatic and amazingly colorful history of this great American family, from the rise of industrialist and philanthropist Cornelius Vanderbilt to the fall of his progeny—wild spendthrifts whose profligacy bankrupted a vast inheritance.

Editorial Reviews

Publishers Weekly - Publisher's Weekly
Among the author's earlier books is Changing Laws, an award-winning biography of his grandfather, Arthur T. Vanderbilt. His latest history, witty, entertaining and sad, also merits a prize for the writer, a lawyer and one among many members of the fabled family who inherited the Vanderbilt name but not the wealth. ``The Commodore'' (1794-1877) made $105 million by hook and by crook; Alva, wife of the founding father's son William, went on spending sprees that later heirs followed. Stories about the author's ancestors have been told before, but not so vividly as in his evocations of the snobbery, ostentation and profligacy that caused ``the fall of the House of Vanderbilt.'' Today's Vanderbilts are not rich-rich; the money is gone with the clan's grand homes, felled by wrecking balls in New York and elsewhere, leaving only memories of a singular time in the American past. Photos not seen by PW. BOMC alternate. (Sept.)
Library Journal
This could give Donald Trump nightmares: It is the story of how the seemingly solid fortune of railroad mogul Commodore Vanderbilt was dissipated down to practically nothing in the space of a century. In this family history, Vanderbilt dramatizes both the successes and excesses of America's Gilded Age--the enormous new wealth, the lavish lifestyles, and, later, the desperate schemes to maintain social status and fortune (contesting wills, matchmaking with nobility, and, most notably, battling for custody of ``Little Gloria''). But the story is not so much about people as the palaces they built--the Breakers, the Biltmore, and mansions which used to occupy blocks of now-prime Manhattan real estate--all of which became white elephants sold to preservation societies or Towers of Babels that fell under a wave of taxes and upkeep cost. An absorbing social history. BOMC alternate.-- Judy Quinn, ``Library Journal''

Product Details

ISBN-13:
9780688072797
Publisher:
HarperCollins Publishers
Publication date:
09/01/1989
Edition description:
1st ed
Pages:
544

Meet the Author

Arthur T. Vanderbilt II is the author of many books, among them Changing Law, a biography of his grandfather Arthur T. Vanderbilt, which won the American Bar Association's Scribes Award. He practices law in New Jersey.

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