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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 ...
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 ...
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.
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 ...
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 ...
NEWPORT, R.I. (AP) — The Vanderbilt family, once synonymous with American wealth and power, has fallen into a full-blown public spat with the organization that now owns their spectacular Rhode ...
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 ...
Cornelius Jeremiah Vanderbilt (December 29, 1830 – April 2, 1882) was an American socialite and member of the Vanderbilt family. After having a troubled relationship with his father, Cornelius Vanderbilt , he eventually committed suicide at the age of 51.