USA HISTORY

Detailed explanation-1: -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.

Detailed explanation-2: -Cornelius Vanderbilt He drove competing railroad companies out of business and bought up their railroad lines. Small railroads were swallowed up by Vanderbilt’s massive corporation. Vanderbilt led the drive for consolidation and gained control of most of the railroad business.

Detailed explanation-3: -New York Central and Hudson River Railroad In each case, the strife ended in a battle that Vanderbilt won. He bought control of the Hudson River Railroad in 1864, the New York Central Railroad in 1867, and the Lake Shore and Michigan Southern Railway in 1869. He later bought the Canada Southern as well.

Detailed explanation-4: -Shipping and railroad tycoon Cornelius Vanderbilt (1794-1877) was a self-made multi-millionaire who became one of the wealthiest Americans of the 19th century. As a boy, he worked with his father, who operated a boat that ferried cargo between Staten Island, New York, where they lived, and Manhattan.

Detailed explanation-5: -Railroad Tycoons Of The 19th Century. Railroad tycoons were the early industrial pioneers amassing or overseeing construction of many large railroads through the early 20th century. These men, names like James Hill, Jay and George Gould, Cornelius Vanderbilt, Edward Harriman, and Collis P.