32: How One Family Lost $2.1 Billion in Just 2 Generations

In this episode of The Decade Investor Podcast, Kolin talks about the Vanderbilt family & their rise to riches followed by a quick downfall in less than 100 years. This story is a prime example of wealth can be passed down to future generations but it is not always preserved with future generations. The Vanderbilt story is a great lesson on the necessity of financial literacy with future generations to help them understand how to keep wealth that is already built. Be sure to fo...