How Much Would Hundred Million Dollars in 1877 be Worth Today?

Discussion in 'Coin Chat' started by midas1, May 16, 2011.

  1. midas1

    midas1 Exalted Member

    I just finished reading "Fortune's Children - The FAll of the House of Vanderbilt"
    "Commodore" Vanderbilt died in around 1877 leaving $105 million to his heirs, primarily
    William Vanderbilt. Six years later, around 1903, William had doubled the fortune to
    $200 million dollars.

    How can I find out how much $105 million in 1877 would be worth today and how much would $200 million in 1883 be worth today?

    BTW, "Fortune's Children - The FAll of the House of Vanderbilt" is a fascinating examination of the American "Gilded Age."

    I read the book because my brother and I visted the Biltmore mansion, in AShevlle, owned by Gearge Vanderbilt, on the way to the Joe Nall event in SC.
     
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  3. jello

    jello Not Expert★NormL®

    A lot of
    $105000000000000000000000.00 ???
    :kewl:I am sure& a lot more than I will ever have!:cool:
     
  4. Hawkwing74

    Hawkwing74 Member

    Everyone has a different measuring stick of inflation.
    This one is probably a bad measure to some. Let's say he took his fortune into 20 dollar gold pieces. That would be 5.25 million of them. Each is worth in gold, about 1450 today?

    That gives you 7.6 billion dollars.
     
  5. Owle

    Owle Junior Member

    It depends in what form as you said. Bullion, paper money, a bank account, etc.. I wonder if there is any stock that existed then that would honor money put into it in that year and wanting to be liquidated in 2011.
     
  6. Treashunt

    Treashunt The Other Frank

    as calculated:

    What cost $100,000,000 in 1877 would cost $2,022,308,383.70 in 2010.


    with inflation.

    note: antepenultimate post!

    Then I will await a cool # in the Guess the next poster thread!

    Come on, post there and help me out!
     
  7. green18

    green18 Sweet on Commemorative Coins Supporter

    You're gonna reach 20,000 before that thread does.

    Don't reply to that Frank. Wait for the cool numero......:)
     
  8. Iceman57

    Iceman57 Junior Member

    If a loaf of bread cost 2 cents in 1877 and $3.75 today then 100 million would be worth around
    $18,750,000,000.00,,,,,,,thats a lot of bread,,,lol
     
  9. davidh

    davidh soloist gnomic

    At that time, Aluminum was worth about $1 per ounce (about the same as Silver!). Aluminum is now worth about $0.07 per ounce.

    In that medium*, $100,000,000 in 1877 would be worth about $7,000,000.

    *more Aluminum than existed in the entire world, even though it is the third most abundant element on the planet.
     
  10. petp

    petp New Member

  11. jello

    jello Not Expert★NormL®

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