What was John Jacob Astor's primary business?
Railroads
Real estate development
Cattle farming
Textile manufacturing
Answer
John Jacob Astor amassed his fortune primarily through real estate development, particularly in New York City. He recognized the potential for growth and expansion in the city and invested heavily in acquiring land and constructing residential and commercial properties. Astor's real estate ventures proved highly successful, earning him the title "Landlord of New York" and making him one of the wealthiest men in the United States.
The Astounding Astor: A Quiz on the Life of John Jacob Astor IV
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