Question

1) How did Cornelius Vanderbilt gain his wealth as a businessman?

2) What industry did Vanderbilt transition to and gain even greater wealth?
3) What happened to Vanderbilt's older son whom he thought would work closely with him in the business?

Answer 1

In the 1860s, he shifted his focus to the railroad industry, where he built another empire and helped make railroad transportation more efficient. When Vanderbilt died, he was worth more than $100 million.Apr 16, 2010
Family: Vanderbilt family
Spouse: Sophia Johnson, Frank Armstrong Crawford Vanderbilt
Died: January 4, 1877, Manhattan
Born: May 27, 1794, Staten Island