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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 ...
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]
She was a daughter of Franklin H. Work, a well-known stockbroker and protégé of Cornelius Vanderbilt, and his wife, Ellen Wood. [1] Her sister Lucy Bond Work [3] was married to Peter Cooper Hewitt. [4] She also had a brother, the horseman and road driver George Paul Work, who died from consumption in Davos, Switzerland. [5]
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 ...
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 ...
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 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]