https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm "I have been insane on the subject of moneymaking all my life." en-us 2020-05-26 14:38:38 UTC 2024-10-14 20:18:43 UTC hello@padlet.com https://padlet.net/icons/png/1f4b8.png k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594953584 2020-05-26 14:49:44 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594953584 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594955927 Cornelius Vanderbilt, also known as Commodore Vanderbilt was a shipping and rail tycoon who owned the New York Central Railroad.]]> 2020-05-26 14:50:42 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594955927 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594969625 2020-05-26 14:56:17 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594969625 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594984578 2020-05-26 15:02:31 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/594984578 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/597094536 Cornelius quit school at age 11 and later bought his first boat in 1810 (aged 16). He started a small business where he ferried people to and from Staten Island and New York City.]]> 2020-05-27 14:42:27 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/597094536 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/597136696 Some of his business is present today or has expanded, while some of his creations were taken down.  ]]> 2020-05-27 14:59:02 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/597136696 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599256540 Vanderbilt was involved in building railroads. Previously, he was involved in the shipping industry ("NYC Railroad History"). ]]> 2020-05-28 14:24:18 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599256540 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599261654 2020-05-28 14:26:20 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599261654 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599266299 The "Vanderbilt Era" began with the merging of the Hudson River Railroad with the New York Central ("NYC Railroad History").]]> 2020-05-28 14:28:18 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599266299 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599298404 In 1869, he acquired Lake Shore & Michigan Southern which ran from Buffalo along the southern shore of Lake Erie through Cleveland, Toledo, and South Bend to Chicago ("NYC Railroad History"). ]]> 2020-05-28 14:41:35 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599298404 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599305800 Hudson River Railroad and New York Central merged with Lake Shore & Michigan Southern to form the New York Central System.  ]]> 2020-05-28 14:44:28 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599305800 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599321948 Even though he was a tougher business leader he was successful. He changed the world of business because he had created multiple different transportation systems that helped industries and factories. Since industries used his ways to get their products sold or transported, the industry was now making and selling more than they have before. (Hamilton, Neil.)]]> 2020-05-28 14:50:42 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599321948 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599322070 The New York Central System was made up of several other companies such as: 
Michigan Central, Boston & Albany, Big Four Route, Pittsburgh & Lake Erie, Toledo & Ohio Central, Toronto, Hamilton & Buffalo, and Monongahela Railway ("NYC Railroad History"). ]]> 2020-05-28 14:50:45 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599322070 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599331185 Though he was only 70 when he started to take his companies to the next level, he still left a legacy that he could accomplish what he did in such a short time.]]> 2020-05-28 14:54:14 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599331185 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599336367 He had moved into New York City to begin a steamboat trade. After this he continued to improve them and make them faster, more comfortable and better than everyone else's. (Hamilton, Neil.)]]> 2020-05-28 14:56:12 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599336367 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599339887 Then when he was about 70 years old he decided to sell his steamboats and invest in the creation of railroads. (Hamilton, Neil.)]]> 2020-05-28 14:57:37 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599339887 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599347779 Vanderbilt had treated his employees horribly because he thought that "There is no friendship in trade". ("How Did Cornelius...)]]> 2020-05-28 15:00:30 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/599347779 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/600446268 Vanderbilt had been one of the main forces behind the construction of the Manhattan Grand Central. This had been torn down now by the Grand Central Terminal, but this may not have been put here if Vanderbilt didn't help construct the original station. Even though it is torn down we will know what the station was originally named and who is it was made by. (History.com Editors.)]]> 2020-05-29 03:55:38 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/600446268 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601319628 Vanderbilt was often regarded as a Robber Baron despite his high success. He was a cruel and selfish businessman.]]> 2020-05-29 14:48:01 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601319628 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601328330 Though this isn't a business, Vanderbilt's mansion is still around today in Rhode Island and is used for touring and history facts.]]> 2020-05-29 14:52:19 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601328330 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601338904 Overtime he would gain control of larger railways such as the Hudson River Railroad and the New York Central Railroad. (Hamilton, Neil.)]]> 2020-05-29 14:57:15 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601338904 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601342079 Despite his massive fortune, not a cent was spared in order to improve working conditions for his employees. ("How Did Cornelius...)]]> 2020-05-29 14:58:45 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601342079 m_blackwell22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601345955 He would also pay these employees very low wages even after all they were doing to help him and his business. ("How Did Cornelius...)]]> 2020-05-29 15:00:34 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601345955 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601349500 Even though he opened up numerous job opportunities through the expansion of his railroad business, his employees were forced to put up with extremely low wages and dangerous working conditions.]]> 2020-05-29 15:02:16 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601349500 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601351951 "You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you."]]> 2020-05-29 15:03:26 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601351951 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601514610 He was a six foot giant of a man with a personal fortune of over 100 USD]]> 2020-05-29 16:24:11 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601514610 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601519219 Died due to fatigue on Jan 4th, 1877]]> 2020-05-29 16:26:39 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601519219 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601730004 In 1867 Vanderbilt bought a notoriously corrupt railroad called the Erie Railroad. The people who controlled the line (Daniel Drew, Jim Fisk and Jay Gould) began to print more stock to sell to him. Vanderbilt found out what was going on and sent out arrest warrants. Drew, Fisk and Gould escaped to New Jersey with six million dollars cash in their hands ("Business Scandal"). ]]> 2020-05-29 18:34:15 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601730004 t_baghal22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601752794 2020-05-29 18:51:02 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601752794 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601824177 Vanderbilt was the third wealthiest person in US history. His impact on the railway system has revolutionized transport]]> 2020-05-29 19:48:34 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601824177 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601827021 Admitted North American Railroad Hall of Fame in 1999]]> 2020-05-29 19:50:20 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601827021 k_fayorsey22 https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601827424 He died with a fortune that would currently be valued at 2 trillion USD]]> 2020-05-29 19:50:41 UTC https://padlet.com/k_fayorsey22/b088vlxzb6y4xhqm/wish/601827424