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Cornelius Vanderbilt
By Elizabeth JaskoDenny Sabo
NishantNick Cennera
Anuj Mishra
AP US 2Robber Baron Project Period Mr. Gibbs
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Vanderbilt born on May 27, 1795 in Staten Island
Quit school at age 11 Started working on his fathers ferry
business
Cornelius VanderbiltBiography
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Vanderbilt married Sophia Johnson They moved to New York City They lived in a boarding house Had 13 children together
One of the children died during childhood
Cornelius VanderbiltBiography
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Industry commonly associated with
1. Ferry2. Railroad
Cornelius VanderbiltIndustries
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At age 16, he started his own ferry business To start, his parents gave him $100 Ferry traveled between New York City and
Staten Island Ferry carried people and goods
Cornelius VanderbiltFerry Industry
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Worked for Thomas Gibsons Ferry company Manager Got on the job training
After Gibson died, Vanderbilt took over Vanderbilt combined his and Gibsons
company Formed one larger Ferry company
Formed secret alliances with other businessmen
Cornelius VanderbiltFerry Industry
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At the time, railroads were useless Vanderbilt took interest in railroads Saw railroads as another way to get
people from place to place Because of his fortune he could invest in
many railroads Most railroads are still owned
by the Vanderbilt family
Cornelius VanderRailroad Industry
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Gold Rush~ People needed a fast way to get across the country Vanderbilt created a ferry that went through the
Panama channel This created a
i. A faster way to get across the countryii. Cheaper way to move people/goodsiii. A safer way to get across the countryiv. Made Vanderbilt richer
Vanderbilt created railroads in the New York area that also helped with transportation
Cornelius VanderbiltImpact on America
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Invested in areas like ferries/railroads Started a transportation revolution Owned/Operated many ferries in north east
area Developed the railroad system Owned 13 railroads
Cornelius VanderbiltLegacy
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Became one of the richest people in America Estimated fortune of $100 million
Vanderbilt University (Tennessee) Named after Vanderbilt
Cornelius VanderbiltLegacy
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1.Vanderbilts great-great grandfather was an indentured servant when he came to America 2.Sophia Johnson (Vanderbilts wife) was his cousin3.After Johnson died, he married Frank Armstrong Crawford4.Crawford was 48 years younger than Vanderbilt5.Vanderbilt lived to age 82
Cornelius VanderbiltFun Facts
