Chapter
The Vanderbilt Family's Race to One Up Each Other
1:46:03 - 1:48:23 (02:20)
The Vanderbilt family, along with other wealthy families during the Gilded Age, aimed to constantly one up each other through their excessive spending on homes and staff. Anderson Cooper, the first Vanderbilt to not inherit wealth, went on to build his own successful career.
Clips
The Gilded Age was characterized by excessive spending and one-upmanship among the wealthy elite, such as the Vanderbilt's, the Rockefeller's, and the Carnegie's, leading to a social race that could never be won.
1:46:03 - 1:47:23 (01:20)
Gilded Age
Summary
The Gilded Age was characterized by excessive spending and one-upmanship among the wealthy elite, such as the Vanderbilt's, the Rockefeller's, and the Carnegie's, leading to a social race that could never be won.
ChapterThe Vanderbilt Family's Race to One Up Each Other
Episode#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor
PodcastThe Tim Ferriss Show
The Vanderbilt family, known for their incredible wealth, had many heirs who led unhappy lives while burdened with their inheritance, except for Anderson Cooper, the first Vanderbilt heir who lived a happy life independently of his family's money.
1:47:24 - 1:48:23 (00:59)
Wealth
Summary
The Vanderbilt family, known for their incredible wealth, had many heirs who led unhappy lives while burdened with their inheritance, except for Anderson Cooper, the first Vanderbilt heir who lived a happy life independently of his family's money.