How Robber Barons Flaunted Their Money During the Gilded Age

During the Golden Age – the decades between the end of the Civil War in 1865 and the turn of the century – the explosive growth of factories, steel mills and railroads driven by the Second Industrial Revolution made a small incredibly wealthy class of businessmen. In 1890, the richest 1% of American families controlled 51% of the country’s real estate and personal assets.

Among the richest of the rich were the so-called robber barons, whose extreme greed drove them to use unethical business practices and exploit workers to create lucrative monopolies and, in doing so , amassing fortunes that would amount to billions of dollars in today’s money.

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