Vanderbilt University Essay

young boy when he started working as a clerk in a telegraph company. He then worked for the

Since our founding in 1869, Dillard University has been committed to providing a quality liberal arts education. We are proud to have alumni and matriculating students who are culturally aware, concerned with improving the human condition, and able to meet the demands of a global economy and technologically advanced society. We broadly educate to produce global leaders.

Cornelius Vanderbilt, a. k. a. The Commodore, was the richest man in America from 1850 to 1875. He had an estimated $100 million when he died, all left to his son, William. But the most important thing to know about Cornelius Vanderbilt, is that he was a robber baron.

Since he was a filthy rich man, he knew how to get the money, easily, whether it was making small deals with someone or finding another rich man and making a deal with him, he knew how to get it. Other than being smart about his money, he did not meet up to the title of a captain of industry because he treated his workers poorly and he had them build the railroads in awful conditions, whether is would be poorly dressed or bad weather. Also, their pay was very low. They should’ve been paid more than what they got for working so hard to build the railroads for Vanderbilt, to make him money. He was partially a captain of industry but he more so fit the picture of a robber

Cornelius Vanderbilt was a steamship tycoon with a large fleet; who was known as the Commodore, during that time in history the highest rank in our nation's navy was a Commodore. Vanderbilt wanted the Pacific Company to pay him a toll on all business done in America with California.

Cornelius Vanderbilt gained much of his wealth and prominence through hard work in the railroad and shipping industries (Cohen n. pag). BY the time he died, his railroad company he owned was worth well over one-hundred fifty million dollars. Most of his estate was left to his son William, George’s father ("Vanderbilt, Cornelius [1794-1877]" n. pag). While in control of the Vanderbilt fortune, William doubled the size (The Vanderbilt

The Vanderbilt’s were a large family who descended from Jon Aersten van der Bilt, an immigrant from Holland to America in 1650. As well being one of the oldest families in America, the Vanderbilts were also one of the wealthiest. They obtained their wealth originally through a steamboat company that traveled as far New York to Central America and Europe. Their second source of fortune came from large investments in railroads, which were just emerging at the time in 1873. The family was also known for their generosity and involvement in philanthropy. Their most notable donations were their donations to the creation of Vanderbilt University, the funding of the Metropolitan Opera, and endowing the Medical School of Columbia University.

James Madison was the oldest of 12 children. In 1762 he was sent to a boarding school. When he returned home, his father got him a private tutor because he was concerned about his health and well being. In 1769, He enrolled in the college of New Jersey (now known as princeton university). While attending he studied many subjects such as latin, science and philosophy, along with other subjects. Although he officially

“Commodore” Cornelius Vanderbilt, also known as the founder of the New York Central Railroad System, was born on May 27th, 1794 in Port Richmond, Staten Island, New York. He was named after his father, who “...instilled in him a blunt, straightforward demeanor...” while his mother, Phoebe Hand instilled “...frugality and hard work....”. It is known that his family has roots in De Bilt, which is a town in the Netherlands.

William Vanderbilt was an American businessman whose wealth was derived from the thriving railroad industry of the late nineteenth century. He was born in New Brunswick, New Jersey in 1821 and died at age 64 on December 8, 1885. During this time, he led the Lake Shore and Michigan Southern Railway, the Canada Southern Railway, and the Michigan Central Railroad. He took over as president for these organizations for his father. His father, Cornelius Vanderbilt, brought the railroad business to his family. Upon his death, William Vanderbilt was the richest man in the world. His success can be attributed to his ability to capitalize on the transportation revolution that swept America years ago, and only remained to expand and grow with the

Cornelius Vanderbilt was one of the most influential people of the 19th century by being a shipping and railroad tycoon (history.com). He shaped the way future American businesses will operate. Vanderbilt was a ruthless and competitive man (history.com). This approach to business will be what helps him to defeat a Steamboat Monopoly granted by the New York Legislature. This ruling in the law will influence future court cases (McBride, “Landmark Cases”).

His money helped pay for the creation of the University of Chicago, to which he gave more than $80 million before his death. He also helped found the Rockefeller Institute for Medical Research, named Rockefeller University, in New York and the Rockefeller Foundation. In total he gave away more than $530 million to various causes.

Unfortunately for them, Cornelius Vanderbilt, a market entrepreneur, defeated Fulton, Collins and Cunard. Vanderbilt defeated the Fulton NY/NJ steamship-transport monopoly by offering lower rates, earning a reputation for his punctuality, investing in faster and larger ships and providing additional services such as concessions. Apart from this, Folsom claims that market entrepreneurs should not be labeled as robber barons at all. He believes that market entrepreneurs were behind the actual growth of America. Unlike political entrepreneurs, they made sound products and took little or no aid from the government. Market entrepreneurs were known as risk-takers and charitable people. Many of them donated money to the needy, built libraries, gave land to farmers and let people go on ships for free or they had a cheaper fare. A few of the most charitable market entrepreneurs were Andrew Carnegie James J. Hill, Cornelius Vanderbilt and John D. Rockefeller.

Cornelius Vanderbilt was the most powerful railroad baron. He earned a fortune for himself in the steamship line. He also combined the New York and Harlem and New York and Hudson estate ferry boat operations. He established a connection between New York and Albany to make Lake Shore and Michigan Southern link Buffalo with Chicago. When he died he owned and operated nearly 4500 miles of track between New York City and most of the important cities in the Midwest. He left his fortune to his son, unlike the others he did not donate to many organizations. The only contribution he gave was to support the, now, Vanderbilt College.

Cornelius Vanderbilt was a steamship and railroad tycoon. He made millions in the steamship business before turning to the promising railroad industry. He began to take capital from the steamship business to buy railroads, starting with the New York and Harlem Railroad in 1862. Vanderbilt eventually amassed over $100 million from his railroad empire and his wealth and power was virtually untouchable. He was a ruthless businessman, once saying to a competitor “You have undertaken to cheat me. I won't sue you, for the law is too slow. I will ruin you.” His New York Central rail line operated from New York to Chicago along more than 4,500 miles of track at the time of his death.