Education and career beginnings
High school, colleges, and early jobs
cornelius vanderbilt
Cornelius Vanderbilt was born on May 27, 1794 in Staten Island, New York. He grew up in a poor family and did not receive much formal education. At the age of 11, he left school to work on his father's ferry business.
Vanderbilt quickly realized that he had a talent for business and began to invest in sailing ships. He eventually became one of the wealthiest and most successful businessmen in America, amassing a fortune in the shipping and railroad industries.
Vanderbilt's career began in the shipping industry, where he quickly rose to prominence by offering faster and more reliable service than his competitors. He expanded his business empire by investing in railroads, which were becoming increasingly popular and profitable in the mid-19th century.
Vanderbilt's aggressive business tactics and ruthless competition earned him the nickname "The Commodore." He was known for his ability to outmaneuver his rivals and drive them out of business through aggressive tactics such as undercutting prices and offering superior service.
By the time of his death in 1877, Vanderbilt was one of the richest men in America, with a personal fortune estimated at over $100 million. He left behind a business empire that included shipping lines, railroads, and other investments that would continue to grow and prosper in the years following his death.