The numbers released this week put the house’s value at about $37 million and the approximately 2,194 acres on which it sits at more than $64 million.
Biltmore in Asheville North Carolina.
Each of our splendid overnight properties invites you to relax into gracious hospitality. With enhanced health and safety protocols in place—and knowledgeable staff to greet you and answer any questions you may have—your Biltmore stay is sure to be an exceptional experience.
$6 Million in 1895
An article about Biltmore published in 1895 stated that the building, not quite complete, was expected to cost $6 million when finished. The author wrote that work at Biltmore was estimated to cost $1,000 per day, and work went on every day save Sunday.
In at least one case, an entire community was relocated to accommodate Vanderbilt’s plans. The old Shiloh neighborhood included approximately a dozen former slaves. It included several homes dotted along what once was the land of their former owner, a church, and a cemetery.
After William Henry Vanderbilt died in 1885, his fortune was split among his children. Cornelius II received $80 million, William Kissam got $60 million, and the two younger boys got $10 million each.
The four-story stone house with a 780-foot façade was designed to rival the surrounding mountains in grandeur.
In total, the Biltmore generates $140 million in annual revenue, but about 90 cents of every dollar in fees gets reinvested in operations.
The owner of Biltmore Estate, William Vanderbilt Cecil, is a cousin “removed a time or two,” Sims said. Bottom line: “Anderson Cooper does not have any ownership in, or get any special privileges at, Biltmore Estate,” Sims said, “although we would love to have him visit.”
Construction began a year later by what is reported as 1,000 talented craftsmen, and Biltmore House opened to the family at Christmas 1895.
Upon her death, Vanderbilt left her son, Anderson Cooper, almost her entire estate, which was valued at less than $1.5 million.
Anderson Cooper, who inherited less than $1.5 million from late mom Gloria Vanderbilt’s estate after she died in 2019, revealed that he does not plan to leave his wealth to his son, Wyatt.
As well as the Breakers and Biltmore House, the Vanderbilt family property portfolio included 10 mansions on Fifth Avenue; a Beaux Arts-style house in Hyde Park, New York; a property called Marble House in Rhode Island; and a house overlooking the Long Island Sound.
Today, Biltmore House is known as America’s Largest Home® and a National Historic Landmark. But before it became one of North Carolina’s most popular tourist destinations, it was simply “home” to the Vanderbilt family. George Vanderbilt visited Asheville, NC, in 1888 and was captivated by the area’s natural beauty.
The first of the movies filmed in Asheville, NC that was filmed at The Biltmore is Hannibal. This is the prequel to the famous Silence of the Lambs movie about a killer, Hannibal Lecter. … The last of The Biltmore movies is My Fellow Americans starring James Garner and Jack Lemmon who are on a political campaign.
When Cornelius Vanderbilt (the Commodore) passed away in 1877, he left the majority of his fortune valued at $95,000,000 to his oldest son. In today’s dollars, this fortune would be worth around $2.1 billion. He left smaller amounts to all of his other children.
Genghis Khan – peak net worth: $100s trillions (£100s of trillions) The fearsome Mongol leader conquered a mind-blowing 12 million square miles of land between 1206 and his death in 1227, more than anyone else in history.
Total market value on the house $157.2 million. The estate gets an agricultural deferment for the grounds, so it pays Buncombe County property taxes on $79.1 million. In 2017, the Biltmore Co. paid property taxes of $453,795.
Vanderbilt officially opens Biltmore to friends and family. On Christmas Eve, the country retreat George Vanderbilt has spent so long planning is marvelously decorated and full of festivity. The finished home contains over four acres of floor space, including 35 bedrooms, 43 bathrooms, and 65 fireplaces.
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