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William Backhouse Astor

American businessman

Quick Summary

William Backhouse Astor (1792–1875) was an American businessman and a key figure in the Astor family fortune. He inherited a significant portion of his father, John Jacob Astor's, estate, which was founded on the fur trade and later expanded through extensive real estate investments in New York City. William Backhouse Astor continued his father's real estate ventures, developing over 700 stores and dwellings. He more than doubled the family's wealth, leaving an estate valued at nearly $50 million. Despite facing accusations of being a slum landlord, he attempted to renovate some of the family's older properties.12

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2 Britannica Sources
  1. John Jacob Astor
  2. Astor family

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