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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.
Biltmore Estate is a historic house museum and tourist attraction in Asheville, North Carolina, United States.The main residence, Biltmore House (or Biltmore Mansion), is a Châteauesque-style mansion built for George Washington Vanderbilt II between 1889 and 1895 [2] and is the largest privately owned house in the United States, at 178,926 sq ft (16,622.8 m 2) of floor space and 135,280 sq ft ...
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 ...
Now a National Historic Landmark, visiting the Breakers is rated as one of top three things to do in Newport and is seen as a tangible symbol of the Vanderbilt family's wealth and social superiority.
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.
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 ...
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 ...