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He died of a cerebral hemorrhage shortly after 6 a.m. on September 12, 1899, at his home on West Fifty-seventh Street in Manhattan, New York City. [2] Upon his death, family leadership passed to his first brother, William Kissam Vanderbilt. His philanthropy had been such that he did not increase the wealth that had been left to him. [1] .
Death. Cornelius Vanderbilt died on January 4, 1877, at his residence, No. 10 Washington Place, after being confined to his rooms for about eight months. The immediate cause of his death was exhaustion, brought on by long suffering from a complication of chronic disorders.
- An early start in the shipping business. Born in May 1794 on Staten Island, New York, Vanderbilt came from a Dutch farming family who lived in Port Richmond, on the north shore of the island.
- Epic legal battle. Vanderbilt delivered the profits as promised. He revised the schedules to make the service more reliable and made the boats more comfortable for passengers.
- Profited from California gold rush. By the time Vanderbilt celebrated his fortieth birthday in 1834, he possessed a fortune worth $500,000, a huge amount at the time.
- Moved into railroads. Vanderbilt soon sold most of his fleet and left the shipping business altogether. In the early 1860s he ventured into railroads. His first purchase was the New York and Harlem Railroad, which again put him into competition with Daniel Drew.
Cornelius Vanderbilt II (1843-1899), the man for whom The Breakers was built (as perhaps the most luxurious “summer cottage” in human history), was named after his grandfather, Commodore Cornelius Vanderbilt (1794-1877), who at his death was the wealthiest man in the United States. Which is to say, young Cornelius wasn’t just born into ...
Apr 16, 2010 · Cornelius Vanderbilt (1794-1877) was a shipping and railroad tycoon, and a self-made multi-millionaire who became one of the wealthiest Americans of the 19th century.
Vanderbilt died on January 4, 1877 in New York City, New York from chronic obstructive pulmonary disease (COPD), aged 82. [3] Vanderbilt was worth more than $100 million at the time of his death (equivalent to approximately $2,671,921,875 in 2024 dollars).
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Apr 28, 2022 · Birthplace: New Dorp, Richmond County (Staten Island), New York, United States. Death: September 12, 1899 (55) New York, New York, United States. Place of Burial: New Dorp, Richmond County (Staten Island), New York, United States. Immediate Family: Son of William Henry 'Billy' Vanderbilt and Maria Vanderbilt.
