TwistedSifter

What Happened to Charles Schwab’s Mansion in Manhattan?

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Charles M. Schwab built his majestic modern mansion in 1906, 34 years later, the steel magnate would pass away with only pennies to his name. What happened?

Built over four years, the mansion boasted 75 rooms filled with only custom materials and cost $6 million (approximately $200 million in today’s dollars) and became one of the most prominent homes in the country. Find out how things went wrong for him in this fascinating video.

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