The Gilded Age Families Who Disappeared (Documentary)
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- เผยแพร่เมื่อ 24 ก.ค. 2024
- In the lavish tapestry of American history, certain families have risen to prominence during the Gilded Age, weaving their legacies into the fabric of the nation's identity.
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The Wealthy Families Who Ruled The Gilded Age (Documentary): • The Wealthy Families W...
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The Gilded Age Families Who Are Still Rich (Documentary): • The Gilded Age Familie...
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TIMESTAMPS:
0:00 Introduction
1:10 The Fricks: When $3 Billion Disappears From The Gilded Age
19:43 The Goulds: The $71 Billion Gilded Age Family Who Disappeared
44:51 The Dohenys: The "Old Money" Family That Built Beverly Hills
1:06:30 The Cabots: The Family The Kennedys Destroyed
1:33:46 The Carnegies: When You Give Billions Away
1:52:08 The Vanderbilts: From "Old Money" To No Money
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Yet, as time passed, some of these illustrious names faded into obscurity, their fortunes dissipated or their influence waned, leaving behind tales of opulence, philanthropy, and sometimes, stark decline.
The Frick family, once industrial titans with a fortune worth $3 billion, serves as a poignant example of Gilded Age prosperity that subtly receded from the public eye.
Henry Clay Frick, a formidable figure in the steel industry and a notable art patron, laid the foundations for a dynasty that later chose paths divergent from their forebear's industrial pursuits, turning towards science, education, and the arts.
Moving to the West Coast, the Dohenys, known for their pivotal role in developing Beverly Hills and their oil riches, crafted an empire that profoundly shaped Los Angeles.
Edward L. Doheny's involvement in the infamous Teapot Dome scandal added a layer of notoriety to the family's legacy, which his descendants have navigated by maintaining a relatively low profile while continuing their philanthropic endeavors, preserving their status as "old money" without the usual fanfare.
The Gould family, once railroad magnates boasting a staggering fortune of $71 billion in today's dollars, experienced perhaps one of the most dramatic declines.
Their story is a stark reminder of how quickly vast wealth can evaporate when subsequent generations stray from the prudent economic principles of their ancestors.
In Massachusetts, the Cabots, an old-line Boston Brahmin family, faced an unusual twist in their historical narrative.
Allegedly eclipsed by the political rise of the Kennedys, the Cabots have transitioned from their Gilded Age prominence to become stalwarts of private civic involvement and philanthropy, their public visibility dimmed but their societal contributions enduring.
Andrew Carnegie's story contrasts sharply with those who hoarded their wealth.
This titan of industry turned philanthropist gave away the vast majority of his wealth, creating enduring institutions such as Carnegie Hall and numerous public libraries. His legacy, paradoxically, is not a diminished fortune but a wealth of public assets that continue to enrich humanity.
Lastly, the Vanderbilts, perhaps the most quintessential example of "Old Money" fading into "No Money," saw their immense fortune, built on railroads and shipping, dissolve through lavish spending and poor financial management.
The grand Vanderbilt mansions, once symbols of unrivaled wealth, now serve as hotels, museums, and university buildings, stark monuments to a dissipated fortune.
Each of these families reflects a unique narrative arc, from the heights of economic power during the Gilded Age to varied destinies shaped by their handling of immense wealth.
Whether through philanthropy, scandal, or financial mismanagement, their stories offer a window into the complexities of maintaining vast fortunes and the ephemeral nature of "old money" in America.
These families, once pillars of American industry and high society, now serve as historical case studies in the lifecycle of wealth and the shifting sands of time that can elevate or diminish the prominence of even the most storied dynasties.
As we reflect on their legacies, we are reminded of the volatile dance of fortune and time, which spares none in its unending rhythm.
I am rewatching this tonight after watching it last night. Your channel is awesome. This video blows my mind. Thank you.
Wow, thank you so much Kathy! We are honored and glad you enjoy the content :)
The Frick collection is the most beautiful and eclectic mix of art I have ever seen . Here in Pennsylvania when I was a child the coke works and steel co. was still open...and still the name Frick was one that was infamous
Why is art so expensive?
My grandmother and grandfather were very good friends with the Vanderbelts. They were from upstate ny and owed many of the tenement homes in upstate ny. They always hung around with the vanderbelts and many tv stars.
Excellent I learnt a lot about those families I never knew
Please remember to leave a LIKE. This channel is excellent!!
Thanks so much, Bess! We are honored
Indeed. So much history 👏👏👏
Indeed. So much history 👏👏👏
Saw “ Men who Built America “ good series! The scenes in the documentary are from that series. Frick is the one twirling that stick. Guess Frick was an S.O.B. Got Carnage in a lot of trouble… enjoying this.
Enjoyed the video. Even if they were not as wealthy. The descendents left their mark in history.
I don’t care for the background music but the content is interesting.
Fascinating, thank you.
Very unusual for a tycoon to leave his wealth to a woman in those days women were fighting for thier right to vote
I just Love History ❤
Some nice recommendations for other biographies/documentaries to watch
Great video!
Thanks!
This is the prettiest, most elegant word salad 🥗 I've ever heard 😂 I enjoy watching though!
😂
Very intresting excellent aswome chennal i really enjoyed ❤❤❤❤❤
EXCELLENT READER !!!!👍🏻
I watched an OJ Simpson video and now my whole damn TH-cam is filled up with them
😂
thanks algorithm. smart Americans. might be from yale❤
As a descendant of an industrialist from this era whose ancestors battled with some of the characters covered in this series (and this episode), these folks were not remotely ‘old money’ of their day. They were often (seen as) crude arrivistes and bought status like they bought everything else.
Frick was an innovator and decent collector. His art collection is his lasting legacy. While some traits are hereditary, excess money has a way of dulling that spark. It’s a common thread.
The most successful of the wealthy families chose their financial advisors well as well as had some well-deserved (sometimes lucky or hmmm) breaks come their way.
What an interesting era.
I enjoyed this so much! Well done!
Thank you so much!
Quick question though, was there a possibility that you can be removed from Mrs. Astors List?
They should make a video about the robber baron families that are still here;
BUT HAVE DISAPPEARED FROM PUBLIC VIEW
DUE TO THEIR CONTROL OF MASS MEDIA DELETING ALL MENTION OF THEIR EXISTENCE; but they don't.
Excellnt❤
$2.9 billion. lol a lot more than that. They very much lie on the CPI report and all other measures of inflation.
Never realized how important Coke was to Steel production 😅
😂
en.wikipedia.org/wiki/Coke_(fuel)?wprov=sfti1#
@@OldMoneyDocumentaries Ah, now I get it. Thx
You'd think Gould would inject some Art Deco or Beaux Arts into his hotels --- yuck!
👍👍👍
I adore the Edwardian period
Id have loved to live back in the early 20th century
Isnt Jay Gould protaryed by the gilded age seies ?
Still waiting for pepsi to make a billionaire entrance 😂😂😂
I love your narrator and content but in future pod casts leave out the annoying music. Very distracting and NOT necessary.
Ned's "assistant"
They were roommates. lol
Me all the way through the video: WHO TF ARE THE MELLONS?
Gulf oil
Mellon bank
You can only dream of this for yourself
12% is a large drop to me. Crowdstrike
I just read Meet you in Hell . That book about Carnegie and Frick
If I had wealth my WILL would and keep my families live healthy, happy, and smart. Money now days is hidden from the rightful hires.
Coke bricks frick that is an issue
Who narrates this documentary?
AI voice. I think the whole script is AI
Definitely AI, Makes You wonder if any of Us will have a chance to acquire any kind of wealth, in the future
To much long winded chatter, get to it.
They are american ,what about other european apart from uk
I to am in the coke business but mine is off white
😂
That's so 1970's and 80's Geez!
Coal, sounds like you’re saying coke!
en.wikipedia.org/wiki/Coke_(fuel)?wprov=sfti1
Frick character says it all for me that he didn't want union workers. I consider him a pos
Greedy businessmen, with vulgar displays of extravagant lifestyles built upon the blood, sweat & poverty of underpaid, exploited working class men & women & children. These same men are historically Praised in the books of history while overlooking the level of exploitation and cruelty wielded, by the use of authority, power, and money. Ill gotten gains or nothing to be proud of.(IMO)
Pollute pollute pollute oppress oppress oppress
Let me guess you also support Hamas
@@robertriteman3227 wrong
Amen.
Frick and coke?
Yes, it's terrible, all those industrialists -- beg pardon, "ruthless" industrialists -- creating hundreds of thousands of jobs, which, of course, people were free to not accept -- after all, those particular jobs had not existed before. These jobs in the steel and coke industries had never existed before -- they were totally new jobs added to an existing market of jobs. One can always go back to any of the following jobs, if one didn't wish to work for an industrialist: farming, shoe making, baking, ditch digging, being a merchant, a doctor, a lawyer, an engineer, a teacher, a social worker, a chimney sweep, a carpenter, a blacksmith, a horse groom, a cowboy, a railroad worker, a butler, a brick layer, an arborist, a professor, a clergyman, a butcher, a plowman, a share cropper, a barber, a shoe shiner, a street sweeper, a grocer, a tailor, a bottle maker, a printer, a postal worker, a monkey trainer, a circus acrobat, a soldier, a policeman, a fireman, a congressman, a mayor, a roofer, a plumber, a stenographer, a public defender, a prison guard, an accountant, a factory worker, and last but not least, a house painter. Despite all these other jobs, somehow industrialists -- unlike all other employers -- are required to pay what workers want to be paid. Sure, we'd all like a billion dollars for what we do... But it would be up to us to find a way to earn that, not up to employers to do that for us... Like marriage, employment is an entirely voluntary activity... If you don't need or like it, great! You don't have to participate in it...
Very simplistic. You can create jobs and be humane
Yes. I agree. It seems that once you enter the manufacturing sphere as an owner, you are regarded as a employment service, whose job it is less to make product but to make employees happy .
Ah, it sounds like you don't support the workers but the owners that made their millions off of the backs of worker's. Gotcha
@@rogerfiliault3546 gotcha? Not hardly.
I don't understand where the evil is in owning a company.
There is great risk in a start up.
Or do you believe as Saint Barack Obama famously said, " ah, c'mon, you didn't really build that did you?"
This from a man who never lifted anything heavier than a pen and a phone.
@paulabarch5065 I don't know how that loser Obama came into this but ok. I'm talking about owners that don't want to pay a fair wage
Coal not coke 😅😅
😂😂 en.wikipedia.org/wiki/Coke_(fuel)?wprov=sfti1#
Yo did somebody troll this documentary and replace the word coal with coke?😂😂
en.wikipedia.org/wiki/Coke_(fuel)?wprov=sfti1#
Watch at 3:20.
He wasn't even close to today's level of wealth compared with Elon Musk, Jeff Bezos etc.. Even taking inflation into account
Too long winded. You can say all this in half the time
Gotta get the view time for the $$$
I must say it was great story telling ,with history details of knowledge+ proof of hard work and patience and payoff for the future generations.Nice to hear a story with no surfer talk/ slang. I really appreciate people that speak elequently. 🇨🇦🪶
@@jan-margaret6970 It's A.I
Coke or coal?
Coke. Google it. Ping the idiot above you who made a similar comment too.
Coke IS coal.
In a simplified way coke is a by product of coal.