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The Wheeling Daily Intelligencer
Wheeling, Ohio County, West Virginia
What is this article about?
William Astor's will distributes his $70 million fortune primarily to son John Jacob ($60 million after bequests), $2 million each to three daughters, and $500,000 annual income to widow in New York.
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William Leaves his Family In Fairly Comfortable Circumstances.
NEW YORK, April 28.--The will of William Astor leaves the bulk of his fortune to his son, John Jacob, whose wife was Miss Willing, of Philadelphia. Mr. Astor's entire fortune amounts to $70,000,000. Each of the three daughters will receive $2,000,000, and when the other bequests are deducted, there will be in the neighborhood of $60,000,000 to be handed over to John Jacob. The widow will receive an annual income while she lives of $500,000. At her death this will go to her son, John Jacob.
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Domestic News Details
Primary Location
New York
Event Date
April 28
Key Persons
Outcome
fortune of $70,000,000 distributed: $2,000,000 each to three daughters; approximately $60,000,000 to john jacob after other bequests; $500,000 annual income to widow, reverting to john jacob upon her death.
Event Details
The will of William Astor leaves the bulk of his $70,000,000 fortune to his son John Jacob, whose wife was Miss Willing of Philadelphia. Each of the three daughters receives $2,000,000. After other bequests, about $60,000,000 goes to John Jacob. The widow receives $500,000 annual income for life, then to John Jacob.