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While most sources attribute this status to Andrew Carnegie, others argue that it could be Bill Gates, Cornelius Vanderbilt I, John Jacob Astor IV, or Henry Ford. Determining the lower ranks is an even more contentious debate. Vanderbilt left a fortune worth $100 million upon his death in 1877, equivalent to $2.4 billion today. [5]
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, effectively transforming the geography of the ...
During the Gilded Age, Cornelius Vanderbilt was America's richest man with an estimated net worth of $100 million, ... His grandson, Cornelius Vanderbilt II, succeeded him as the president and ...
Cornelius Vanderbilt, the founder of the Vanderbilt business dynasty.. The progenitor of the Vanderbilt family was Jan Aertszoon or Aertson (1620–1705), a Dutch farmer from the village of De Bilt in Utrecht, Netherlands, who emigrated to the Dutch colony of New Netherland as an indentured servant to the Van Kouwenhoven family in 1650.
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The gate at The Breakers. Cornelius Vanderbilt II purchased the grounds in 1885 for $450,000 (equivalent to $15.3 million in 2023). [4] The previous mansion on the property was owned by Pierre Lorillard IV; it burned on November 25, 1892, and Vanderbilt commissioned famed architect Richard Morris Hunt to rebuild it in splendor.
Cornelius Vanderbilt II, president and chairman of the New York Central Railroad, spared no expense when he built it. It has wall panels made of platinum.
Alice Gwynne Vanderbilt (1869–1874), who died of a childhood illness at the age of five. William Henry Vanderbilt II (1870–1892), who died of typhoid fever while attending Yale University. Cornelius "Neily" Vanderbilt III (1873–1942), whom his father disinherited for marrying Grace Graham Wilson (1870–1953) without his approval. [6]