{"id":1509,"date":"2013-05-16T14:08:05","date_gmt":"2013-05-16T19:08:05","guid":{"rendered":"https:\/\/www.myrealestateorlando.com\/?p=1509"},"modified":"2013-05-16T14:08:05","modified_gmt":"2013-05-16T19:08:05","slug":"john-jacob-astor-americas-first-millionaire","status":"publish","type":"post","link":"https:\/\/www.myrealestateorlando.com\/?p=1509","title":{"rendered":"John Jacob Astor \u2013 America\u2019s First Millionaire"},"content":{"rendered":"<p>John Jacob Astor \u2013 America\u2019s First Millionaire<\/p>\n<p>In the early 1800s, John Jacob Astor began trading furs, silk, tea, and fine china. Thanks to his trading activities, he soon became wealthy. Astor began using his trading profits to invest in real estate, some of which was located in Manhattan. Astor became known as \u201cManhattan\u2019s Landlord\u201d and was considered by many to be the wealthiest person of his time.<\/p>\n<p>Shortly before Astor passed away, he said, \u201cCould I begin life again, knowing what I now know, and had money to invest, I would buy every foot of land on the Island of Manhattan.\u201d In 1848, Astor passed away, leaving more than $20 million to his heirs, which would amount to around $400 or $500 billion today.<\/p>\n<p>\u201cThis [German] immigrant butcher\u2019s son not only was America\u2019s first millionaire and multimillionaire, he also was America\u2019s first Millionaire Real Estate Investor &#8230; The fact that an immigrant butcher\u2019s son could build America\u2019s first great fortune is the inspiration. The fact that he did it through real estate is the instruction,\u201d Gary Keller, Millionaire Real Estate Investor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>John Jacob Astor \u2013 America\u2019s First Millionaire In the early 1800s, John Jacob Astor began trading furs, silk, tea, and fine china. Thanks to his trading activities, he soon became wealthy. Astor began using his trading profits to invest in real estate, some of which was located in Manhattan. Astor became known as \u201cManhattan\u2019s Landlord\u201d [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=\/wp\/v2\/posts\/1509"}],"collection":[{"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=\/wp\/v2\/users\/100"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1509"}],"version-history":[{"count":1,"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=\/wp\/v2\/posts\/1509\/revisions"}],"predecessor-version":[{"id":1510,"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=\/wp\/v2\/posts\/1509\/revisions\/1510"}],"wp:attachment":[{"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myrealestateorlando.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}