Concept

John Jacob Astor IV

Summary
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. He died in the sinking of the Titanic during the early hours of April 15, 1912. 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 87million(equivalentto87 million (equivalent to billion in ) when he died. John Jacob Astor IV was born on July 13, 1864, at his parents' country estate of Ferncliff in Rhinebeck, New York. He was the youngest of five children and only son of William Backhouse Astor Jr., a businessman, collector, and racehorse breeder/owner, and Caroline Webster "Lina" Schermerhorn, a Dutch-American socialite. His four elder sisters were Emily, Helen, Charlotte, and Carrie. John was a great-grandson of German–American fur-trader John Jacob Astor and Sarah Cox Todd, whose fortune made the Astor family one of the wealthiest in the United States. Astor's paternal grandfather William Backhouse Astor Sr. was a prominent real estate businessman. Through his paternal grandmother, Margaret Alida Rebecca Armstrong, Astor was also a great-grandson of Senator John Armstrong Jr. and Alida Livingston of the Livingston family. His maternal grandparents were Abraham Schermerhorn, a wealthy merchant, and socialite Helen Van Courtlandt White. His sister Helen's husband was diplomat James Roosevelt "Rosey" Roosevelt, half-brother of President Franklin Delano Roosevelt of the Roosevelt family. Another sister, named Carrie, was a noted philanthropist and the wife of Marshall Orme Wilson (brother of banker Richard Thornton Wilson Jr. and socialite Grace (née Wilson) Vanderbilt). Astor was also a first cousin of William Waldorf Astor, 1st Viscount Astor, with whom his mother had a notorious feud resulting in William's removal to England. Astor attended St Paul's School in Concord, New Hampshire, and later attended Harvard College.
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