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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]
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.
During the Gilded Age, Cornelius Vanderbilt was America's richest man with an estimated net worth of $100 million, ... His grandson, Cornelius Vanderbilt II, succeeded him as the president and ...
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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]
Cornelius Vanderbilt versus James Fisk Jr. in a famous rivalry with the ... slightly over half his entire net worth. ... After the end of Reconstruction in 1877 ...
The family, including Cornelius, Alice, Gertrude and Gladys, had been staying at the house for the Christmas holiday. [22] At the time, Vanderbilt stated that the house was insured for $125,000, the furniture for $75,000 and the boiler for $10,000, a total of $210,000, at least several hundred thousand dollars less than what it was worth. [22]