This is Karen Hunter and welcome to the hub. Lessons learned from Cornelius Vanderbilt, part two.

Last time we talked about Cornelius, the Commodore Vanderbilt,

and when he died in 1887, when he was the richest man in all the world,

he left his wealth, most of it to his son. when he was the richest man in all the world.

He left his wealth, most of it to his son,

$95 million, which would be $5 billion today

to his oldest son, Billy.

And Billy talks about not being happy,

how he envied his neighbor who had such a simple life compared to his, that he didn't have any worries.

But at the end, what I took away was he, not only was his friend more content, his neighbor more content with his life even

though wealth once you get to a certain point they're both rich if he's living in the

Vanderbilt neighborhood his neighbor is rich but he didn't have all't have all of the pain that comes with

wealth, more money, more problems. And he said he could trust his friends. I

love that. There's nothing more valuable than having people in your life who love you for you.

Today I want to piggyback on a previous podcast that I did where I talked about, you know, how

we shouldn't hamper our children and I talked about it briefly in the last podcast as well,

but it goes one step further because when Billy Vanderbilt died he left his massive fortune which would be five billion dollars to both of his sons, William the and Cornelius II. And William the second said, my life was never

destined to be happy. Again, the happiness thing. Money doesn't buy you happiness. He said, it was laid out along lines

which I could not foresee, almost from my earliest childhood.

It has left me with nothing to hope for,

with nothing definite to seek or strive for.

William II said,

...