Cornelius Vanderbilt, also known as "The Commodore," was a prominent 19th-century American business magnate and philanthropist who built his wealth in railroads and shipping.
Cornelius Vanderbilt was born on May 27, 1794, in Staten Island, New York. He left school at the age of 11 to work on his father's ferry in New York Harbor, showing a strong interest in business from a young age.
Vanderbilt married his first cousin, Sophia Johnson, in 1813. They had 13 children together. After Sophia's death, he married Frances Armstrong Crawford in 1869. Vanderbilt was known for his stern and hardworking nature.
Vanderbilt started his own ferry service at 16 and expanded into steamships and railroads. He founded the New York Central Railroad and became one of the wealthiest individuals in American history. His business acumen was instrumental in the growth of American transportation infrastructure.
Vanderbilt's notable achievements include the consolidation of several major railroads and the establishment of the New York Central Railroad system, which became one of the most important rail networks in the U.S.
Vanderbilt was often criticized for his ruthless business tactics, including aggressive competition and monopolistic practices that crushed his rivals and led to significant personal wealth at the expense of others.
Vanderbilt is credited with the creation of the Grand Central Depot in New York City, which later became the iconic Grand Central Terminal. He also funded the establishment of Vanderbilt University in Nashville, Tennessee.
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