GENERAL KNOWLEDGE

GK

INVENTIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which person made a fortune in steamline ships?
A
George Eastman
B
Henry Bessemer
C
Cornelius Vanderbilt
D
George Washington Carver
Explanation: 

Detailed explanation-1: -The Commodore left the majority of his enormous fortune to his eldest son, William Henry Vanderbilt. William Henry, who outlived his father by just eight years, increased the profitability of his father’s holdings, increased the reach of the New York Central Railroad, and doubled the Vanderbilt wealth.

Detailed explanation-2: -He put his money to work Vanderbilt invested his profits in steamboats, he lent his money to other businessmen, he bought real estate, and he purchased stock in private corporations. He personally invested millions in building Grand Central Station, one of the largest train depots in the world.

Detailed explanation-3: -Cornelius Vanderbilt, byname Commodore Vanderbilt, (born May 27, 1794, Port Richmond, Staten Island, New York, U.S.-died January 4, 1877, New York, New York), American shipping and railroad magnate who acquired a personal fortune of more than $100 million.

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