Business

Inside the Elms, a Gilded Age mansion in Rhode Island

  • The Elms in Newport, Rhode Island, was the summer home of the Berwind family.
  • Edward Julius Berwind made his fortune as a coal magnate who powered railroads during the Gilded Age.
  • Modeled after a French chateau, the house features French furnishings and an impressive art collection.

In 1901, Gilded Age coal magnate Edward Julius Berwind and his wife, Sarah Herminie Berwind, spent $1.4 million, or about $28 million today, to build a summer home in Newport, Rhode Island.

It was a fraction of the $31.4 million fortune he left when he died in 1936, or about $774 million in today’s dollars.

Inspired by an 18th-century French chateau and built on a 10-acre estate, The Elms was furnished by Jules Allard, a French interior designer who also worked on other Newport mansions including The Breakers and Marble House.

Today, The Elms is a museum and is occasionally used as a filming location for the HBO television series “The Gilded Age.”

Take a look inside.

businessinsider

Back to top button