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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, effectively transforming the geography of the ...
Bond of the Accessory Transit Company (of Nicaragua), issued 30. November 1855, signed by Charles Morgan. The Accessory Transit Company was a company set up by Cornelius Vanderbilt and others during the California Gold Rush in the 1850s, to transport would-be prospectors from the east coast of the United States to the west coast.
The New York Central Railroad (reporting mark NYC) was a railroad primarily operating in the Great Lakes and Mid-Atlantic regions of the United States. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the Midwest, along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, Rochester and Syracuse.
Cornelius Vanderbilt, who set his mind on building a railroad empire, saw multiple business and financial opportunities in railways and decided in 1866 to corner the market on Erie by silently scooping-up the Erie railroad stock. After succeeding, Vanderbilt permitted Drew to stay on the board of directors in his former capacity as treasurer. [3]
Gilded Age railroad tycoon Cornelius Vanderbilt would be wealthier than Jeff Bezos if he were alive today. ... Cornelius Vanderbilt II, succeeded him as the president and chairman of the New York ...
Grand Central Depot. By 1869, Vanderbilt had commissioned John B. Snook to design his new station, dubbed Grand Central Depot, on the site of the 42nd Street depot. [23] [24] [25] The site was far outside the limits of the developed city at the time, and even Vanderbilt's backers warned against building the terminal in such an undeveloped area. [26]
In the winter of 1866, once travel patterns were set, Cornelius Vanderbilt, owner of the Hudson River Railroad, suddenly refused to allow any transfers from the New York Central. According to the documentary The Men Who Built America the motivation for this closure was retaliation against the owners of New York Central for negotiating a new ...
WalletPop's Lan Nguyen chats with T.J. Stiles, author of The First Tycoon: The Epic Life of Cornelius Vanderbilt (Knopf), on how the Commodore became one of the wealthiest and most powerful men in ...