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Astor Family

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Family

 Astor Family  link
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File:Astor family-coat of arms.webp
MembershipNancy Astor, Waldorf Astor, David Astor, William Waldorf Astor, John Jacob Astor
Wealthy British and American family.

The Astor family achieved prominence in business, society, and politics in the United States and the United Kingdom during the 19th and [[20th century|20th centuries]]. With ancestral roots in the Italian Alps, the Astors settled in Germany, first appearing in North America in the 18th century with John Jacob Astor, one of the richest people in history,[1] who made his wealth in the fur trade.[2]

Drug trade

John Jacobs Astor joined the opium smuggling trade in 1816 when his American Fur Company bought 10 tons of Turkish opium and smuggled it into Canton. Seeking other sources of profit while faced with woes in the fur trade, he became the first American known to have entered the contraband Chinese opium trade and made a substantial profit before abruptly exiting the business three years later.[3]


References