https://padlet.com/adriyanajohnson16/muwhw8qspnnz Monopolized the railroad and steamship industry. en-us 2017-12-13 20:02:53 UTC 2025-11-16 14:01:17 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Apple.png adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/215973273 Cornelius Vanderbilt was a self-made multi- millionaire who became one of the wealthiest Americans of the 19th century. He is the son of Dutch settlers who came to the US in the 1600's. He grew up in Staten Island, New York where his parents were farmers, and his father also made money by ferrying produce and merchandise. When he was a teenager he transported cargo around the NEW York harbor in his own periauger. ]]> 2017-12-13 20:11:57 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/215973273 adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216294327 In 1817, Vanderbilt went to work as a ferry captain for a wealthy businessman who owned a commercial steamboat service that operated between New Jersey and New York. This job allowed Vanderbilt to get experience in learning burgeoning steamship industry. ]]> 2017-12-14 19:06:54 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216294327 adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216295844 In the late 1820's, he went into his very own business. It was building steamships and operating ferry lines around the New York region. He was very aggressive, but he became a dominant force in the industry by engaging in fare wars with his rivals. ]]> 2017-12-14 19:10:25 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216295844 adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216296974 In the early 1850's, during the California Gold Rush, before the transcontinental railroads, Vanderbilt established a steamship service that transported prospectors from New York to San Francisco via a route across Nicaragua. ]]> 2017-12-14 19:13:08 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216296974 adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216297897 In the 1860's, Vanderbilt changed his focus it was from shipping to the railroad industry. He gained control of a number of railway lines operating between Chicago and New York, and also established an inter-regional railroad system. ]]> 2017-12-14 19:15:28 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216297897 adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216298802 Cornelius was the driving force behind the construction of Manhattan's Grand Central Depot, which happened to have open in 1871. This location was torn down and replaced by present-day Grand Central Terminal. ]]> 2017-12-14 19:17:54 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216298802 adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216299824 He did not own mansions or give away money to charity. But, in 1873 he gave $1 million to build Vanderbilt University in Nashville, Tennessee. Vanderbilt died at age 82 on January 4, 1877 at his home in Manhattan. He left his son William more than $100 million. The life of Cornelius Vanderbilt will forever be remembered. He is considered the father of railroad shipping, and steamboat service. ]]> 2017-12-14 19:20:24 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216299824 adriyanajohnson16 https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216305150 http://www.history.com/topics/cornelius-vanderbilt  ]]> 2017-12-14 19:33:02 UTC https://padlet.com/adriyanajohnson16/muwhw8qspnnz/wish/216305150