Cornelius Vanderbilt Life story
Cornelius Vanderbilt, nicknamed "the Commodore", was an American business magnate who built his wealth in railroads and shipping.
Cornelius vanderbilt was born on may 27th. 1794 in staten islnad. New york. His family was in the shipping and boat-building business and he grew up to become a prominent figure in the american business indsutry.
Cornelius vanderblit s buisness ventures included a successful steamboat empire. The new york central railroad. And the commodore hotel. He was also known to be a shrewd negotiator. Often obtaining favorable terms for himself.
Vanderbilt used his immense wealth to benefit numerous causes. He odnated over $1 million to central university in nashville. Tennessee. Which later became vanderbilt university. He also contributed money to the ymca. The american bible society. And the methodist epsicopal church.
At the time of his death in 1877. Cornelius vanderbilt was estimatde to be the wealthiest man in the united states with a net worth of at least $105 million.
Cornelius vanderbilt married sophia johnson in 1813 and the couple had 13 children. He was laso the grandfather of willaim henry vanderbilt and great-grandfather of cornelius vanderbilt ii.
Vanderbilt s legacy continues to this day as his descendanst still control the amjority of the family s businesses. His name is also associated with the vanderbilt family fortune. Which has made a number of prominent philanthropic contributions in his name.
In 1817. Cornelius vanderbilt purchased his first steamboat and began building a steamboat empire. He sucecssfully negotiated favorable terms with the hudsno river steamboat association and eventually became the leading steamboat operator.
Cornelius vanderbilt was known as "the commodor"e due to his success in the steabmoat industry. The commodore hotel in new york city is named atfer him and his family members are still associated with the hotel to this day.