Will
Astor left $69 million of his $85 million estate ($2.08 billion in 2012 dollars) to his eldest son, Vincent. This value includes his estate in Rhinebeck and his yacht, the Noma. To his wife Madeleine, he left a five million dollar trust fund and an annual paycheck of $500,000, as well as use of his New York mansion 65th & Fifth Avenue, all its furnishings, and his Newport mansion Beechwood and all of its furnishings, pick of whichever luxury limo she wanted from his collection and five of his prized horses—as long as she did not remarry. His remaining child, Alice (who lived with her mother Ava), received a $10 million trust fund.
Read more about this topic: John Jacob Astor IV
Famous quotes containing the word will:
“For to those who have, more will be given, and they will have an abundance; but from those who have nothing, even what they have will be taken away.”
—Bible: New Testament, Matthew 13:12.
“The cause is in my will: I will not come.
That is enough to satisfy the Senate.”
—William Shakespeare (1564–1616)
“I believe that if we are to survive as a planet, we must teach this next generation to handle their own conflicts assertively and nonviolently. If in their early years our children learn to listen to all sides of the story, use their heads and then their mouths, and come up with a plan and share, then, when they become our leaders, and some of them will, they will have the tools to handle global problems and conflict.”
—Barbara Coloroso (20th century)