Tuesday, February 1, 2022

John Jacob Astor IV

 

John Jacob Astor IV (July 13, 1864 – April 15, 1912) was an American business magnate, real estate developer, investor, writer, lieutenant colonel in the Spanish–American War, and a prominent member of the Astor family.

Astor died in the sinking of the RMS Titanic during the early hours of April 15, 1912.[1] Astor was the richest passenger aboard the RMS Titanic and was thought to be among the richest people in the world at that time with a net worth of roughly $87 million when he died (equivalent to $2.33 billion in 2020).[2][3]

Wikipedia

Colonel John Jacob Astor IV (JJ Astor) was born in Rhinebeck, New York on July 13th, 1864 the son of William Astor and great-grandson of John Jacob Astor the fur trader.  Astor was educated at St. Paul's School, Concord and later went to Harvard. After a period of travelling abroad (1888-91) he returned to the United States to manage the family fortune.  He had homes at 840 Fifth Avenue, New York and at Ferncliff, Rhinebeck, New York.

In 1894 Astor wrote a semi-scientific novel A Journey in Other Worlds. During his life he also developed several mechanical devices including a bicycle brake (1898), helped to develop the turbine engine, and invented a pneumatic road-improver.

In 1897 Astor built the Astoria Hotel, New York adjoining the Waldorf Hotel which had been built by William Waldorf Astor, his cousin. The new complex became known as the Waldorf-Astoria. Astor's real-estate interest included two other hotels, the Hotel St. Regis (1905) and the Knickerbocker (1906).

He became Colonel-staff to General Levi P. Morton and in 1898, at the time of the Spanish-American War, was commissioned as a lieutenant colonel in the US volunteers. He placed his yacht Nourmahal at the disposal of the U.S. government and equipped a mountain battery of artillery for use against the Spanish.

On 1 May 1891 Astor was married to Ava, daughter of Edward Shippen Willing of Philadelphia. Together they had a son and one daughter. However, in 1909 Astor divorced Ava and, two years later, married eighteen-year-old Madeleine Force (who was a year younger than his son Vincent). Public opinion was divided concerning the respectability of Astor's actions, and the newlyweds decided to winter abroad in order to let the gossip die down at home. Mr and Mrs Astor travelled to Egypt and Paris and, in the spring of 1912, decided to return to America as First Class passengers on board the brand new Titanic. Encyclopedia Titanica

 


 

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