His wife received $500,000, their New York City home, and 2,000 shares of common stock in the New York Central Railroad. During the 1849 California Gold Rush, he offered a shortcut via Nicaragua to California—shaving 600 miles (960 km) at half the price of the Isthmus of Panama shortcut. Son of Cornelius Vanderbilt, I and Phebe Vanderbilt Sadly Quincy's son was killed in the accident. Husband of Phebe Vanderbilt. He later bought the Canada Southern as well. By 1873, he had extended the lines to Chicago, Illinois. Vanderbilt gave $1 million, the largest charitable gift in American history to that date. The two larger portals on the right allowed some horse-drawn trains to continue further downtown. Livingston and Fulton offered Vanderbilt a lucrative job piloting their steamboat, but Vanderbilt rejected the offer. [20] Crawford was 43 years younger than her husband. He began his business by ferrying freight and passengers between Staten Island and Manhattan. During the War of 1812, he received a government contract to supply the forts around New York City. William Harrison Gross M 1836 . Walker was forced to give up, and was conducted out of the country by a U.S. Navy officer. Rivalry with Jay Gould and James Fisk In 1868, Vanderbilt fell into a dispute with Daniel Drew, who had become treasurer of the Erie Railway. [5], Working for Gibbons, Vanderbilt learned to operate a large and complicated business. Such was his energy and eagerness in his trade that other captains nearby took to calling him The Commodore in jest - a nickname that stuck with him all his life. He built his wealth in shipping and railroads and was the patriarch of the Vanderbilt family and one of the richest Americans in history (adjusted wealth: $205 billion). NEW YORK. To his younger surviving son, Cornelius Jeremiah Vanderbilt, who he regarded as a wastrel, he left the income from a $200,000 trust fund. From Manhattan it ran up to Chatham Four Corners, New York, where it had a connection to the railroads running east and west. The family tree for Commodore Cornelius Vanderbilt is still in the early stages of research. Cornelius Vanderbilt of the New York Central gains control of the rail line between New York and Chicago by leasing the Lake Shore & Michigan Southern, formerly headed by his son-in-law Horace F. Clark (see 1869; Clark, 1872), but Clark dies at New York June 19 at age 57 after heading the Union Pacific for less than a year and Jay Gould acquires his first Union Pacific shares (see Vanderbilt, 1877). Cornelius Vanderbilt's great grandfather is, Cornelius Vanderbilt's great grandfather was, Cornelius Vanderbilt's great grandmother was, Cornelius Vanderbilt's great great grandfather was, Cornelius Vanderbilt's great great grandmother was, Cornelius Vanderbilt's 3x great grandfather was, Cornelius Vanderbilt's 4x great grandfather is, Cornelius Vanderbilt's step-grandfather was, Cornelius Vanderbilt's step-grandmother was, Cornelius Vanderbilt's uncle-by-marriage was, Cornelius Vanderbilt's aunt-by-marriage was, Cornelius Vanderbilt's first cousin once removed was, Cornelius Vanderbilt's first cousin once removed is. login . A little extra info for those who want more info on the history sentence about Tycoons. But Gould bribed the legislature to legalize the new stock. Railroad empire Though Vanderbilt had relinquished his presidency of the Stonington Railroad during the California gold rush, he took an interest in several railroads during the 1850s, serving on the boards of directors of the Erie Railway, the Central Railroad of New Jersey, the Hartford and New Haven, and the New York and Harlem (popularly known as the Harlem). Cornelius Vanderbilt was buried in the family vault in the Moravian Cemetery at New Dorp on Staten Island. He said "I don't care half so much about making money as I do about making my point, and coming out ahead." If I had learned education, I would not have had time to learn anything else. [5], Working for Gibbons, Vanderbilt learned to operate a large and complicated business. A common nickname for important steamboat entrepreneurs, by the end of the 1840s, only Vanderbilt was referred to by this nickname. Alice was … From online or printed sources and from publicly accessible databases. Gibbons launched his steamboat venture because of a personal dispute with Ogden, whom he hoped to bankrupt. Garrison. A little extra info for those who want more info on the history sentence about Tycoons. By the 1840s, he had 100 steamships plying the Hudson and was reputed to have the most employees of any business in the United States. On December 19, 1813, at age 19 Vanderbilt married his first cousin, Sophia Johnson (1795–1868), daughter of Nathaniel Johnson and Elizabeth Hand. Please enable JavaScript in your browser's settings to use this part of Geni. MILLIONAIRE GONE. Cornelius Jeremiah Vanderbilt, an epileptic, committed suicide in 1882. ... being honorable, shrewd, and hard-working. They moved into a boarding house on Broad Street in Manhattan. (The Panama Railroad was soon built to provide a faster crossing.) Father of Mary Polly Vanderbilt; Charlotte Egbert; Cornelius Vanderbilt; Phoebe … While he was away, White conspired with Charles Morgan, Vanderbilt's erstwhile ally, to betray him, and deny him money he was owed by the Accessory Transit Company. It is believed to be correct at the time of inputting and is presented here in good faith. That year he faced opposition by a steamboat operated by Daniel Drew, who forced Vanderbilt to buy him out. View Cornelius Vanderbilt's Family Tree and History, Ancestry and Genealogy. He moved to New Brunswick, New Jersey, a stop on Gibbons's line between New York and Philadelphia, where his wife Sophia operated a very profitable inn, using the proceeds to feed, clothe, and educate the children. By age 16 he was operating his own business, ferrying freight and passengers between Staten Island and Manhattan. Vanderbilt lost more than $7 million in his attempt to gain control, although Gould later returned most of the money. He then turned to transatlantic steamship lines, running in opposition to the heavily subsidized Collins Line, headed by Edward K. Collins. Some of the first railroads in the United States were built from Boston to Long Island Sound, to connect with steamboats that ran to New York. At the end of the year, the monopoly paid him a large amount to stop competing, and he switched his operations to Long Island Sound. That same year, the American military adventurer, William Walker, led an expedition to Nicaragua and briefly took control of the government. It was the first of the many railroads he would head. This time he succeeded in donating the Vanderbilt to the Union navy, equipping it with a ram and staffing it with handpicked officers. [11], When the California gold rush began in 1849, Vanderbilt switched from regional steamboat lines to ocean-going steamships. 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. During these years, Vanderbilt also operated many other businesses. Oftentimes the family trees … Born in Staten Island, New York, Vanderbilt began working on his father's ferry in New York harbor as a boy, quitting school at the age of 11. This was eventually condensed to Vanderbilt. The two larger portals on the right allowed some horse-drawn trains to continue further downtown. Vanderbilt appealed his own case against the monopoly to the Supreme Court, which was next on the docket after Gibbons v. Ogden. Vanderbilt had little choice but to lease it to the War Department, at prices set by ship brokers. 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. 46 William Henry Vanderbilt William Henry "Billy" Vanderbilt was born 8 May 1821 in New Brunswick, New Jersey, the son of Cornelius Vanderbilt. Following his wife's death in 1868, Vanderbilt went to Canada where, on August 21, 1869, he married a cousin from Mobile, Alabama, named Frank Armstrong Crawford. He also went to Washington, D.C., to hire Daniel Webster to argue the case before the Supreme Court. In addition, he donated to churches around New York, including a gift to the Moravian Church on Staten Island of 8½ acres for a cemetery (the Moravian Cemetery). In 1863, Vanderbilt took control of the Harlem in a famous stockmarket corner, and was elected its president. Vanderbilt also paid to outfit a major expedition to New Orleans. [21][22] Another calculation, from 1998, puts him in third place, after Andrew Carnegie.[23]. When he tried to convince the U.S. and British governments to help restore the company to its rights and property, they refused. Vanderbilt eventually drove the Collins line into extinction. For Vanderbilt, the point was the superiority of free competition and the evil of government-granted monopoly. But he proved himself a good businessman, and eventually became the head of the Staten Island Railway. First he took over Gibbons' ferry to New Jersey, then switched to western Long Island Sound. The family tree listed here should not be considered exhaustive or authoritative. All of the Vanderbilt multimillionaires descend through oldest son William Henry. In 1868, Vanderbilt fell into a dispute with Daniel Drew, now treasurer of the Erie Railway. Vanderbilt in later life When the California gold rush began in 1849, Vanderbilt switched from regional steamboat lines to ocean-going steamships. Garrison brought Charles Morgan in New York into the plan. In 1863, Vanderbilt took control of the Harlem in a famous stockmarket corner, and was elected its president. In 1863, Vanderbilt took control of the Harlem in a famous stockmarket corner, and was elected its president. Ms. Crawford herself was 43 years younger than her husband-to-be, Vanderbilt. In 1844, Vanderbilt was elected as a director of the Long Island Rail Road, which at the time provided a route between Boston and New York City via a steamboat transfer ([6]). At the age of 16, Vanderbilt decided to start his own ferry service. It had a key advantage: it was the only steam railroad to enter the center of Manhattan, running down 4th Avenue (later Park Avenue) to a station on 26th Street, where it connected with a horse-drawn streetcar line. The Court never heard Vanderbilt's case, because on March 2, 1824, it ruled in Gibbons's favor, saying that states had no power to interfere with interstate commerce. Feb 10, 2015 - Vanderbilt family tree/heirs. From Manhattan it ran up to Chatham Four Corners, New York, where it had a connection to the railroads running east and west. William Vanderbilt then had no choice but to buy out Gould, who made a large profit from the sale. I will ruin you. In his will, he left 95% of his $100 million estate to his son William and to William's four sons ($5,000,000 to Cornelius Vanderbilt II, and $2 million apiece to William Kissam Vanderbilt, Frederick Vanderbilt, and George Washington Vanderbilt,II. List includes Anderson Cooper, Amy Vanderbilt, Cornelius Vanderbilt, Gertrude Vanderbilt, Gloria Vanderbilt… Using the name "The People's Line," he used the populist language associated with Democratic president Andrew Jackson to get popular support for his business. In 1857, he became a director of the New York and Harlem Railroad ([7]). Right here at FameChain. The Commodore had lived in relative modesty considering his nearly unlimited means, splurging only on race horses, leaving his descendants to build the Vanderbilt houses that characterize America's Gilded Age. It helped bottle up the Virginia, after which Vanderbilt converted it into a cruiser to hunt for the Confederate commerce raider Alabama, captained by Raphael Semmes. (It is worth noting that though trivial in comparison to the $90 million+ inherited by William Henry Vanderbilt and his sons, the bequests to his other children made them very wealthy by the standards of 1877 and were not subject to inheritance tax. In 1869, they were merged into New York Central and Hudson River Railroad. [8], During these years, Vanderbilt also operated many other businesses. Step by step, he started lines between New York and the surrounding region. While Vanderbilt could be a rascal, combative and cunning, he was much more a builder than a wrecker. The case is still considered a landmark ruling, and is considered the basis for much of the prosperity the United States later enjoyed. This time he succeeded in donating the Vanderbilt to the Union navy, equipping it with a ram and staffing it with handpicked officers. Vanderbilt would later say of his loss "never kick a skunk". Grand Central Terminal below the MetLife Building in New York City, New York in 2012. [8], In 1834, Vanderbilt competed on the Hudson River against a steamboat monopoly between New York and Albany. Vanderbilt also proved a quick study in legal matters, representing Gibbons in meetings with lawyers. The station was not replaced until 1903-13. It helped bottle up the Virginia, after which Vanderbilt converted it into a cruiser to hunt for the Confederate commerce raider Alabama, captained by Raphael Semmes. [19], In 1869, he directed the Harlem to begin construction of the Grand Central Depot on 42nd Street in Manhattan. Vanderbilt also outfitted a major expedition to New Orleans. The immediate cause of his death was exhaustion, brought on by long suffering from a complication of chronic disorders. In each case, the strife ended in a battle that Vanderbilt won. Children of Cornelius Vanderbilt & Sophia Johnson: Phebe Jane (Vanderbilt) Cross (1814-1878), Emily Almira (Vanderbilt) Thorn (1823-1896), Sophia Johnson (Vanderbilt) Torrance (1825-1912), Maria Louisa (Vanderbilt) Clark Niven (1827-1896), Cornelius Jeremiah Vanderbilt (1830-1882), Mary Alicia (Vanderbilt) LaBau Berger (1834-1902), Catherine Juliette (Vanderbilt) Barker LaFitte (1836-1881), Lake Shore and Michigan Southern Railway (1873?-), New York, Chicago and St. Louis Railroad (Nickel Plate Road) (1882-). Compare DNA and explore genealogy for Cornelius Vanderbilt born 1794 Port Richmond, Richmond, New York, United States died 1877 New York City, New York, United States including ancestors + descendants + 4 photos + 2 family memories + 2 genealogist comments + DNA connections + more in the free family tree … In 1864, the Commodore sold his last ships, in order to concentrate on the railroads. He moved to New Brunswick, New Jersey, a stop on Gibbons's line between New York and Philadelphia, where his wife Sophia operated a very profitable inn, using the proceeds to feed, clothe, and educate the children. When Vanderbilt returned from Europe, he retaliated with a rival line to California, cutting prices until he forced Morgan and White to pay him off. Early years Cornelius Vanderbilt was born in Staten Island, New York on May 27, 1794 to Cornelius van Derbilt and Phebe Hand. Secretary of the Navy Gideon Welles refused it, thinking it too expensive for what he expected to be a short war. Most of Vanderbilt's ancestry was English, with his last ancestor of Dutch origin being Jacob Vanderbilt, his grandfather. He was inducted in the "Railway Workers & Builders: North America" category. Whitney’s parents were Harry Payne Whitney [1872-1932] and Gertrude Vanderbilt … The late Gloria Vanderbilt's family is one of the most storied—and wealthiest—in America. [16], Vanderbilt brought his son William Henry Vanderbilt in as vice-president of the Harlem. When Vanderbilt entered his new position, Gibbons was fighting against a steamboat monopoly in New York waters, which had been granted by the New York State Legislature to the politically influential patrician Robert Livingston and Robert Fulton, who had designed the steamboat. Randolph convinced Walker to annul the charter of the Accessory Transit Company, and give the transit rights and company steamboats to him; Randolph then sold them to Garrison. Jun 14, 2012 - This Pin was discovered by V P. Discover (and save!) Vanderbilt sent a man to Costa Rica who led a raid that captured the steamboats on the San Juan River, cutting Walker off from his reinforcements from the United States. Vanderbilt's life story has inspired works of fiction, including the ambitious character of Nat Taggart in Ayn Rand's Atlas Shrugged (1957). But the new Nicaraguan government refused to allow Vanderbilt to restart the transit business, so he started a line by way of Panama, eventually constructing a monopoly on the California steamship business. With the 2020 election approaching see the Trump family tree. Vanderbilt gave little of his vast fortune to charitable works, leaving the US$1 million he had promised for Vanderbilt University and $50,000 to the Church of the Strangers in New York City. In 1831, he took over his brother Jacob's line to Peekskill, New York, on the lower Hudson River. Gould never got the better of Vanderbilt in any other important business matter, but he often embarrassed Vanderbilt, who uncharacteristically lashed out at Gould in public. William had had a nervous breakdown early in life, and his father had sent him to a farm on Staten Island. At the time of his death, aged 82, Cornelius Vanderbilt's fortune was estimated at more than US$100 million. Cornelius Vanderbilt versus James Fisk ("Diamond Jim") in the famous rivalry with the Erie Railroad. Three of his daughters and son, Cornelius Jeremiah Vanderbilt, contested the will on the grounds that their father had insane delusions and was of unsound mind. It helped bottle up the Virginia, after which Vanderbilt converted it into a cruiser to hunt for the Confederate commerce raider Alabama, captained by Raphael Semmes. So he negotiated with Costa Rica, which (along with the other Central American republics) had declared war on Walker. He and his wife had 13 children, 12 of whom survived childhood. Looking out the north end of the Murray Hill Tunnel towards the station in 1880; note the labels for the New York, Harlem and New York, and New Haven Railroads; the New York Central and Hudson River was off to the left. Though he had always run his own businesses on the side, he now worked entirely for himself. Following his wife's death in 1868, Vanderbilt went to Canada where, on August 21, 1869, he married a cousin from Mobile, Alabama, named Frank Armstrong Crawford. His company name was the Accessory Transit Company.([4]). ... Cornelius Vanderbilt Cross M 1834 . Though the Commodore had once scorned him, he was impressed by William's success, and eventually made him operational manager of all his railroad lines. He operated sailing schooners, which is where he gained his nickname of "Commodore.". When he tried to convince the U.S. and English governments to help restore the company to its rights and property, they refused. Cornelius VanderbiltCornelius Vanderbilt I (May 27, 1794 – January 4, 1877), also known by the sobriquets ( A sobriquet is a nickname or a fancy name, usually a familiar name given by others as distinct from a pseudonym assumed as a disguise, but a nickname which is familiar enough such that it can be used in place of a real name without the need of explanation.) In early 1853, he took his family on a grand tour of Europe in his steamship yacht, the North Star. At the time of his death, aged 82, Cornelius Vanderbilt's fortune was estimated at $100 million. American Civil War When the Civil War began in 1861, Vanderbilt attempted to donate his largest steamship, the Vanderbilt, to the Union Navy. Born in Staten Island, New York, Vanderbilt began working on his father's ferry in New York harbor as a boy, quitting school no later than age 11. Eventually he promoted him to operational manager of all his railroad lines. Crawford's cousin's husband, Holland McTyeire, convinced Vanderbilt to endow what would become Vanderbilt University, named in his honor. While many Vanderbilt family members had joined the Episcopal Church, Cornelius Vanderbilt remained a member of the Moravian Church to his death. However, according to the version of the first published account of his life, published in the magazine Scientific American in 1853, the periauger belonged to his father and he received half the profit. But on November 24, 1817, a ferry entrepreneur named Thomas Gibbons asked Vanderbilt to captain his steamboat between New Jersey and New York. Cornelius Vanderbilt's great-great-grandfather, Jan Aertson or Aertzoon, was a Dutch farmer from the village of De Bilt in Utrecht, Netherlands, who immigrated to New York as an indentured servant in 1650. The Commodore said that he believed William was the only heir capable of maintaining the business empire. Father of Phebe Jane Gross; Elizabeth Osgood; William Henry 'Billy' Vanderbilt; Emily Almira Thorn; Sophia Johnson Torrance and 7 others; Maria Louisa Clark; Frances Lavinia Vanderbilt; Cornelius Jeremiah Vanderbilt; Ethelinda Allen; Mary Alicia La Bau; Catherine Juliette Lafitte and George Washington Vanderbilt « less A common nickname for important steamboat entrepreneurs, it stuck to Vanderbilt alone by the end of the 1840s, In 1852, a dispute with Joseph L. White, a partner in the Accessory Transit Company, led to a battle in which Vanderbilt forced the company to buy his ships for an inflated price. His wife received US$500,000, their New York City home, and 2,000 shares of common stock in New York Central Railroad. According to one version of events, he borrowed $100 from his mother to purchase a periauger (a shallow draft, two-masted sailing vessel), which he christened the Swiftsure. The court battle lasted more than a year and was ultimately won outright by William Henry Vanderbilt, who then increased the bequests to his siblings and paid their legal fees. In 1870, he consolidated two of his key lines into the New York Central and Hudson River Railroad, one of the first giant corporations in United States history. In 1831, he took over his brother Jacob's line to Peekskill, New York, on the lower Hudson River. [9], During the 1830s, textile mills were built in large numbers in New England as the United States experienced an industrial revolution. Explore how the celebrity world connects. He willed US$95 million to son William but "only" US$500,000 to each of his eight daughters. Democratic candidate for the Vice-Presidency of the United States. [13] During the 1850s, Vanderbilt also bought control of a major shipyard and the Allaire Iron Works, a leading manufacturer of marine steam engines, in Manhattan. Her cousin's husband, Holland Nimmons McTyeire, convinced Vanderbilt to endow what would become Vanderbilt University, named in his honor. By contrast, Vanderbilt befriended his other foes after their fights ended, including Drew and Cornelius Garrison. [24] His family (see below) has done much the same. In 1869, Vanderbilt directed the Harlem to begin construction of the Grand Central Depot on 42nd Street in Manhattan. Also on the train was former president John Quincy Adams. He chose to be buried there. He later bought the Canada Southern as well. MAI TO JOV. While he was away, White conspired with Charles Morgan, Vanderbilt's erstwhile ally, to betray him, and deny him money he was owed by the Accessory Transit Company. Cornelius had 9 siblings: George Washington Vanderbilt, Emily Thorn Sloane (born Vanderbilt) and 7 other siblings. Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), also known by the sobriquet Commodore,[1] was an American entrepreneur. There his wife Sophia operated a very profitable inn, using the proceeds to feed, clothe and educate their children. Years after his father's death, William Vanderbilt gained control of the Western Union Telegraph company. [4], When Vanderbilt entered his new position, Gibbons was fighting against a monopoly on steamboats in New York waters, granted by the New York legislature to the politically influential patrician, Robert Livingston, and steamboat designer Robert Fulton. Though Vanderbilt kept his own businesses running, he became Gibbons's business manager. Born in New Jersey, United States on 11 Oct 1840 to Cornelius Vanderbilt and Rosannah Elvia Tunison. He later bought the Canada Southern as well. Billy had had a nervous breakdown early in life, and his father had sent him to a farm on Staten Island. vs New York, Jen. Impressed, Vanderbilt became a secret partner with Drew for the next thirty years, so that the two men would have an incentive to avoid competing with each other. [13], In November 1855, Vanderbilt began to buy control of Accessory Transit once again. Husband of Sophia Vanderbilt and Frank Armstrong Vanderbilt The unsuccessful court battle lasted more than a year, and Cornelius Jeremiah Vanderbilt committed suicide in 1882. When the Confederate ironclad Virginia (popularly known in the North as the Merrimack) wrought havoc with the Union blockading squadron at Hampton Roads, Virginia, Secretary of War Edwin Stanton and President Abraham Lincoln called on Vanderbilt for help. He later explained that he wanted to show that he could take this railroad, which was generally considered worthless, and make it valuable. Cornelius Vanderbilt passed away on 28 May 1898 in New York, New York . By age 16 he was operating his own boat—after having borrowed money from his mother to purchase it—ferrying freight and passengers between Staten Island and Manhattan. To his younger surviving son, Cornelius Jeremiah Vanderbilt, whom he regarded as a wastrel, he left the income from a $200,000 trust fund. Many of the Vanderbilt family's sumptuous homes are not just still standing but open … Garrison brought Charles Morgan in New York into the plan. The glass roof of the depot collapsed during a blizzard on the same day Vanderbilt died in 1877. To accomplish this, he undercut prices, and also brought a legal case to the United States Supreme Court to overturn the monopoly. Jay Gould then started the American Telegraph Company and nearly forced Western Union out of business. [18], New York Central and Hudson River Railroad. Genealogy for Phebe Jane Gross (Vanderbilt) (1814 - 1878) family tree on Geni, with over 200 million profiles of ancestors and living relatives. For donating the Vanderbilt, he was awarded a Congressional Gold Medal. That year he faced opposition by a steamboat operated by Daniel Drew, who forced Vanderbilt to buy him out. He bought large amounts of real estate in Manhattan and Staten Island, and took over the Staten Island Ferry in 1838. Find out about Cornelius Vanderbilt II's family tree, family history, ancestry, ancestors, genealogy, relationships and affairs! Though both Livingston and Fulton had died by the time Vanderbilt went to work for Gibbons, the monopoly continued in the hands of Livingston's heirs, who had granted a license to Aaron Ogden to run a ferry between New York and New Jersey. That same year, the military adventurer, William Walker, took control of Nicaragua. 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Rockefeller tree, cornelius vanderbilt family tree history, ancestry,,! Became Park Avenue mascot is the Commodore stated that he believed William Henry Vanderbilt in vice-president!