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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 ...
The First Tycoon went on to win the 2009 National Book Award for Nonfiction [1] and the 2010 Pulitzer Prize for Biography or Autobiography. [4] It was also named a New York Times Notable Book and one of the best books of the year by The New Yorker, [5] the Financial Times, [6] the Christian Science Monitor, [7] the Boston Globe, [8] and the Philadelphia Inquirer. [9]
The third-richest person in terms of wealth compared to contemporary GDP is a subject of dispute. 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.
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 ...
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.What Happened: On this day 133 years ago, Cornelius Vanderbilt, the world's richest man, died ...
The series focuses on the lives of Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J. P. Morgan, and Henry Ford. It tells how their industrial innovations and business empires revolutionized modern society. The series is directed by Patrick Reams and Ruán Magan and is narrated by Campbell Scott. It averaged 2.6 million total ...
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.
Vanderbilt's private shipping company began running the same routes, charging a fraction of the price, making a large profit without taxpayer subsidy. The state-funded shippers then began paying Vanderbilt money to not ship on their route. A critic of this tactic drew a political comic depicting Vanderbilt as a feudal robber baron extracting a ...