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Cornelius Vanderbilt
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was born on May 27, 1794. He was an American Steamship and Railroad builder as well as a financier and promoter. He was born to a poor family and he quit school at eleven. He owned his first business at age sixteen as a transport and freight service. By the war of 1812, the government was contracting him to supply forts around New York and th ....
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....ore employees than any other company in the United States at the time. By the time he was 40, Vanderbilt's fortune exceeded 500,000 dollars, but he was still looking for new opportunities. During the 1849 gold rush, Vanderbilt offered an overland route across the isthmus of Panama that saved 600 miles and this got him over 1 million dollars a year.... |
| Word count: 544 |
Page count: 2 |
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