Part 5/10:
Belmont's connections across Europe proved invaluable in discouraging international powers from supplying resources to the Confederacy, even as bonds issued by the Confederate states found their way to London and Paris, revealing the complexity of his character. By his death in 1890, Belmont had amassed a fortune of $10 million (approximately $280 million today), cementing his name in the history books through the prestigious Belmont Stakes horse race and fundamentally reshaping American political structures.