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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. 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, effectively transforming the geography of the United States.
Apr 16, 2010 · Cornelius Vanderbilt (1794-1877) was a shipping and railroad tycoon, and a self-made multi-millionaire who became one of the wealthiest Americans of the 19th century.
May 22, 2024 · Cornelius Vanderbilt (born May 27, 1794, Port Richmond, Staten Island, New York, U.S.—died January 4, 1877, New York, New York) was an American shipping and railroad magnate who acquired a personal fortune of more than $100 million. The son of an impoverished farmer and boatman, Vanderbilt quit school at age 11 to work on the waterfront.
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Apr 2, 2014 · Cornelius Vanderbilt was a famous industrialist who worked in railroads and shipping. He had accumulated the largest fortune in the U.S. at the time of his death, in 1877.
- 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 · Cornelius Vanderbilt was born May 27, 1794, on Staten Island, in New York. He was descended from Dutch settlers of the island (the family name had originally been Van der Bilt). His parents owned a small farm, and his father also worked as a boatman. At the time, the farmers on Staten Island needed to transport their produce to the markets in ...
Cornelius Vanderbilt (May 27, 1794 – January 4, 1877) [1] was an American businessman, philanthropist, and slave owner. [2] A lot of his wealth came from railroads and shipping. [3] [4] He was also the patriarch of the Vanderbilt family. He was one of the richest Americans in history. He provided the initial gift to found Vanderbilt ...
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