MAGIC MILLIONS.
Thirty' million pounds, according to figures gleaned from tho New York tax-books, represent the total value of land an! buildings Island owned, by the Asi£r fanAly.
The assessed valuation of the Astor property in New York, which is approximately 00 per cent, of the marketable value, amounts to £21,591,860, and of this immense total the share of Mr. William Waldorf Aa*tor, who lives in Englan], represents an assessed value cf £lO,058,000. Colonel John Jacob Astor, a cousin, pays taxes on £8,24(\,5G0, whUe theVstate -of his father, the late Mr. William Astor. is assessed at £3,294,300.
A fortune of £4,000,000. left sixtyt|hreo years ago by tho founder of •the Astor fortune has increased more than sevenfold in the v a lue of the Manhattan realty holdings alone.
Ths tax-books show instances of plots of lands which wore purchased by the .first John Jacob Astor for £4,000, and which have grown to be assessed in 1911 as being of the value of £1,600,000.
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King Country Chronicle, Volume IX, Issue 737, 16 January 1915, Page 3
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163MAGIC MILLIONS. King Country Chronicle, Volume IX, Issue 737, 16 January 1915, Page 3
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