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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: The Epic Life of Cornelius Vanderbilt is a 2009 biography of Cornelius Vanderbilt, a 19th-century American industrialist and philanthropist who built his fortune in the shipping and railroad industries, becoming one of the wealthiest Americans in the history of the U.S.
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 ...
These include people such as Cornelius Vanderbilt, Andrew Carnegie, Andrew Mellon, Leland Stanford and John D. Rockefeller. The education division of the National Endowment for the Humanities has prepared a lesson plan for schools asking whether "robber baron" or "captain of industry" is the better terminology. The lesson states that it ...
Vanderbilt’s attempt to end the Panic of 1873 predates both the Dow Jones Industrial Average and the S&P 500. In 1873, Susan B. Anthony was fined $100 for voting in the U.S. presidential election.
His grandson, Cornelius Vanderbilt II, succeeded him as the president and chairman of the New York Central Railroad in 1885. As heir to the family fortune, he built a 70-room, 138,300-square-foot ...
It was during this time that railroad magnates such as Jay Gould and Cornelius Vanderbilt amassed great power and fortunes from consolidation of smaller rail lines into national corporations. By 1920, 254,000 miles (408,800 km) of standard-gauge railroad track had been laid in the United States, all of it owned or controlled by seven ...
Orizaba was one of the first ocean-going steamships in commercial service on the west coast of North America and one of the last side-wheelers in regular use. Her colorful career spanned the business intrigues of Cornelius Vanderbilt, civil unrest in Mexico and Nicaragua, and the Fraser River gold rush.