Cornelius Vanderbilt

by qgourdie
Last updated 5 years ago

Discipline:
Social Studies
Subject:
History
Grade:
8

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Cornelius Vanderbilt

Railroad

Vanderbilt was known as one of America's leading buisnessmen. Today people claim that he shaped the US. In the 1850s Vanderbilt started investing in railroad and shipping. His focas was to ship goods all across the US. The community wasn't fond of Cornelius Vanderbilt because he treated his workers very poorly. His workers would tell others how they would be treated and they would say that they worked hours on hours and got a very low pay. The community didn't like him because he didn't give back to the community unlike John D. Rockefeller was at the time. He did not like give away much of his wealth to cheritable causes.

The Beginning

May 27, 1794Date of BirthMarried in 1813Remarried in 1869Invested in Railroads in 1850January 4, 1877Date of Death

Cornelius Vanderbilt was born on May 27, 1794 in Staten Island, New York. At only age 11, he dropped out of school to work with his father. Vanderbilt was very fascinated with the shipping business. When he turned 16, he earned $100 for landscaping his father’s land. He then purchased a sailboat and started a company. He soon then began a ferry service with one boat in New York Harbor. Vanderbilt had a pretty sturdy buisness until the rise of a steamboat was introduced and was considered a threat to his company. He then put an end to his ferry service dream.

Lasting Impact

Today, there is a college called Vanderbilt University. Before Vanderbilt died he invested millions to embark on his idea. The college is located in Nashville, Tennessee. Also, today Vanderbilt's railroad still stretches across the nation.

Citations

- Video: https://www.youtube.com/watch?v=H9Gq-eKO6SQ-Pictures: Google Images-Information- Packets Given and History.com

Cornelius Vanderbilt, a Robber Baron or Captain of Industry?

Timeline

More Cornelius

A Robber Baron is someone who aquired a large fortune in the late 19th century by ruthless means.A Captain of Industry is someone who is a business leader whose means of amassing a personal fortune and contributes positivly in some way.

What is a Robber Baron and a Captain of Industry?

In conclusion, Cornelius Vanderbilt was a Robber Baron because he didn't like giving away his wealth to others, only on occation.

Upon his death in 1877 at 82, he donated $50,000 to the Church of Strangers in New York City. One of his few donations.

THE END


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