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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 ...
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.
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 ...
In 2009, after seven years of work, Stiles published his second biography The First Tycoon: The Epic Life of Cornelius Vanderbilt (New York: Alfred A. Knopf, 2009). This massive study was the first comprehensive account of the life of "Commodore" Cornelius Vanderbilt , the nineteenth-century shipping and railroad mogul, financial backer of ...
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 ...
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]
The contract specified a commission of either 2.5 percent or 5 percent of revenue and disbursements, depending on whether he opted to cap his annual salary at $60,000. Cornelius Vanderbilt, a director of the company, recruited him as the Commodore prepared for an extended vacation. Garrison sailed for San Francisco just a few weeks later. [1]
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