Important American Moneybags: Astor, Mellon & Vanderbilt
JOHN JACOB ASTOR was born a century before our other subjects in this series ((1763). He emigrated from Germany in 1779 when he was sixteen, to work with his brother in London making musical instruments, but in 1783 (at twenty) he sailed for America to make his fortune.
Straightaway he got into the flourishing fur trade, and by 1800 he had established the beginnings of a commercial empire. He chartered the ships that carried precious furs across the Pacific and the Atlantic. He founded the American Fur Company in 1808, and dominated trade on the plains and in the mountains within ten years. (more…)






