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Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed "the Commodore", was an American business magnate who built his wealth in railroads and shipping. [1] [2] After working with his father's business, Vanderbilt worked his way into leadership positions in the inland water trade and invested in the rapidly growing railroad industry ...
Apr 16, 2010 · Learn about the life and achievements of Cornelius Vanderbilt, a self-made shipping and railroad tycoon who became one of the wealthiest Americans of the 19th century. Find out how he built his empire, fought his rivals, and donated to Vanderbilt University.
5 days ago · Cornelius Vanderbilt, American shipping and railroad magnate who acquired a personal fortune of more than $100 million. Vanderbilt began his transportation empire by operating a ferryboat between Staten Island and New York City. By the 1850s he had shifted his focus from steamships to railroads.
Apr 2, 2014 · Learn about the life and achievements of Cornelius Vanderbilt, a famous American businessman who made his fortune in shipping and railroads. Find out how he challenged monopolies, built a railroad empire and became one of the richest men in U.S. history.
- An early start in the shipping business. Born in May 1794 on Staten Island, New York, Vanderbilt came from a Dutch farming family who lived in Port Richmond, on the north shore of the island.
- Epic legal battle. Vanderbilt delivered the profits as promised. He revised the schedules to make the service more reliable and made the boats more comfortable for passengers.
- Profited from California gold rush. By the time Vanderbilt celebrated his fortieth birthday in 1834, he possessed a fortune worth $500,000, a huge amount at the time.
- Moved into railroads. Vanderbilt soon sold most of his fleet and left the shipping business altogether. In the early 1860s he ventured into railroads. His first purchase was the New York and Harlem Railroad, which again put him into competition with Daniel Drew.
Apr 30, 2018 · Learn how Cornelius Vanderbilt, nicknamed \"The Commodore\", became the richest man in America by dominating the steamboat and railroad industries. Discover his early life, his business strategies, his family legacy and his impact on history.
Cornelius Vanderbilt (May 27, 1794 - January 4, 1877) was an American industrialist, born on Staten Island, New York. He entered the transportation business at the age of 16 when he established a freight-and-passenger ferry service between Staten Island and Manhattan.
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