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On November 11, 1833, he was a passenger on a Camden & Amboy train that derailed in the meadows near Hightstown, New Jersey when a coach car axle broke because of a hot journal box. When he passed away in January of 1877, he left 95% of his money to his eldest son William Henry Vanderbilt. To accomplish this, he undercut prices, and also brought a legal case to the United States Supreme Court to overturn the monopoly. [19], In 1869, he directed the Harlem to begin construction of the Grand Central Depot on 42nd Street in Manhattan. Username and password are case sensitive. William Kissam left two sonsWilliam Kissam (18781944) and Harold Stirling (18841970)both associated with the New York Central Railroad. Walker was forced to give up, and was conducted out of the country by a U.S. Navy officer. 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. Gloria studied art at the Art Student's League in New York City, and became known for her artwork, giving one-woman shows of oil paintings, watercolors, and pastels. Although that's a good amount of money, it's a far cry from Commodore Vanderbilts net worth, which is estimated to have been equal to $185 billion at the time of his death in 1877. List includes Anderson Cooper, Amy Vanderbilt, Cornelius Vanderbilt, Gertrude Vanderbilt, Gloria Vanderbilt, plus much more. Ft. 2237 Woodside Ln #8, Sacramento, CA 95825. eXp Realty of California Inc. HomeSmart ICARE Realty. 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. (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. While his father was a well-known collector of paintings, George had a different preoccupation: books. Isabel de Dutton , Christopher de Southworth, Blanche de BRIENNE , Guillaume de FIENNES, Alinor de PROVENCE , Henri III d'ANGLETERRE, Agns De Neuchatel , Pierre De Grandson. His wife received US$500,000, their New York City home, and 2,000 shares of common stock in New York Central Railroad. In early 1853, he took his family on a grand tour of Europe in his steamship yacht, the North Star. Following his wife's death, Vanderbilt went to Canada where, on August 21, 1869, he married a cousin, a Ms. Crawford, from Mobile, Alabama. 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The family's progenitor was a Dutch farmer named Jan Aertsen Vanderbilt who came to New Amsterdam (now New York) in 1640 when he was 13 years old in order to have a better life. Gloria married, in 1941, Hollywood agent Pasquale DiCicco ("Pat" DiCicco); they divorced in 1945. The lives of Cornelius Commodore and His company name was the Accessory Transit Company.([4]). By the end of the decade, Vanderbilt dominated the steamboat business on the Sound, and began to take over management of the connecting railroads. Billy had had a nervous breakdown early in life, and his father had sent him to a farm on Staten Island. Mother and daughter would speak by phone or sometimes have lunch and they attempted a somewhat strained relationship. 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. A [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. Her beloved husband Wyatt Cooper died of a heart attack. The Commodore [1] [2] or Commodore Vanderbilt [3], was an American entrepreneur who built his wealth in shipping and railroads and was the patriarch of the Vanderbilt family. Consuelo Vanderbilt-Balsan (formerly Consuelo Spencer-Churchill, Duchess of Marlborough; born Consuelo Vanderbilt; March 2, 1877 - December 6, 1964) was a socialite and a member of the prominent American Vanderbilt family.Her first marriage to the 9th Duke of Marlborough has become a well-known example of one of the advantageous, but loveless, marriages common during the Gilded Age; as such . William Henry Vanderbilt. 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. Senior Gloria and her twin sister lived together in New York, then Los Angeles. Crawford's cousin's husband, Holland McTyeire, convinced Vanderbilt to endow what would become Vanderbilt University, named in his honor. Vanderbilt had little choice but to lease it to the War Department, at prices set by ship brokers. During the War of 1812, he received a government contract to supply the forts around New York City. When her father died while she was a toddler, she and her half-sister became the subject of a custody suit between her mother, Gloria Morgan Vanderbilt, and her paternal aunt, Gertrude Vanderbilt Whitney, who ultimately gained custody. To accomplish this, he undercut prices, and also brought a landmark legal case Gibbons v. Ogden to the United States Supreme Court to overturn the monopoly. He willed US$95 million to son William but "only" US$500,000 to each of his eight daughters. Randolph convinced Walker to annul the charter of the Accessory Transit Company, and give the transit rights and company steamboats to him; Randolph sold these to Garrison. Vanderbilt University in Nashville, Tennessee, is named for Cornelius, and the university's mascot is the commodore. In 1818, he turned his attention to steamships. Family tree of Cornelius VANDERBILT Industrialist, Businessman Born Cornelius VANDERBILT II American socialite, heir, and businessman Born on November 27, 1843 in Staten Island, New York, USA , United States Died on September 12, 1899 in New York City, New York, USA Born on November 27 35 Deceased on September 12 35 Family tree Report an error They defeated the corner by issuing "watered stock" in defiance of state law, which restricted the number of shares a company could issue. Around this time Vanderbilt tried to gain control of the Erie Railroad, which brought him into direct conflict with Jay Gould, who was then in control of the Erie. But on November 24, 1817, a ferry entrepreneur named Thomas Gibbons asked Vanderbilt to captain his steamboat between New Jersey and New York. Cornelius "The Commodore" Vanderbilt Born 27 May 1794 in Port Richmond, Richmond, New York, United States Ancestors Son of Cornelius (van Derbilt) Vanderbilt and Phebe (Hand) Vanderbilt Brother of Mary Polly (van Derbilt) Simonson, Charlotte (Vanderbilt) Egbert, Jane (Vanderbilt) Barton, Eleanora (Vanderbilt) Van Duzer and Jacob Hand Vanderbilt When Commodore died, he left most of his fortune to his oldest son, William Henry Vanderbilt. She received the Anti-Defamation Leagues Woman of Achievement Award in 1981 and the National Arts Club Citation of Merit in 1982. Cornelia was raised at Biltmore. [14], In November 1855, Vanderbilt began to buy control of Accessory Transit once again. Ruthless in business, Cornelius Vanderbilt was said by some to have made few friends in his lifetime but many enemies. Cornelius Vanderbilt was buried in the family vault in the Moravian Cemetery at New Dorp on Staten Island. ), According to "The Wealthy 100" by Michael Klepper and Robert Gunther, Vanderbilt would be worth $143 billion in 2007 dollars, if his total wealth as a share of the nation's GDP in 1877 were taken and applied in that same proportion in 2007, making him the third-wealthiest person in American history after Rockefeller and Carnegie. After the death of his mother, Cooper was going through her boxes of journals, documents, letters, and other memorabilia, and he 'began to hear the voices of his ancestors.' Wanting to know more, Cooper decided to research his heritage. William Henry appointed his first son, Cornelius Vanderbilt II, as the next "Head of House". Gloria wasnt there as she was back home in New York, having just given birth to a son, Carter Vanderbilt Cooper. [13] During the 1850s, he also bought control of a major shipyard and the Allaire Iron Works, a leading manufacturer of marine steam engines, in Manhattan. [8], In 1834, Vanderbilt competed on the Hudson River against a steamboat monopoly between New York and Albany. Vanderbilt brought his eldest son Billy in as vice-president of the Harlem. 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. Frank was 45 years younger than her husband. 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. a collection of fine arts. He provided the initial gift to found Vanderbilt University in Nashville, Tennessee. It had parents, grandparents, maybe siblings, cousins, aunts, uncles, godparents Stars and Their Famous Grandkids at the Same Age, Rising Stars Whose Parents Are Superstars, Old Hollywood and Their Lookalike Children. mansion and was a natural when it came to overseeing and housing George Washington Vanderbilt also died without issue, during the Civil War. Vanderbilt also paid to outfit a major expedition to New Orleans. The custody battle gained national media attention. When Vanderbilt returned from Europe, he retaliated by developing a rival steamship line to California, cutting prices until he forced Morgan and White to pay him off. She was approached by Indian designer Mohan Murjani who proposed a line of designer jeans that would carry her signature embroidered on the pocket, along with her swan logo. On December 19, 1813, at age 19 Vanderbilt married his first cousin, Sophia Johnson (17951868), daughter of Nathaniel Johnson and Elizabeth Hand. She attended Greenvale School on Long Island; Miss Porter's School in Farmington, Connecticut; and the Wheeler School in Providence, Rhode Island. Here, George Omissions? His wife received US$500,000 in cash, their modest New York City home, and 2,000 shares of common stock in New York Central Railroad. Offers may be subject to change without notice. The Vanderbilt family is an American family of Dutch origin who gained prominence during the Gilded Age. Walker was forced to give up, and was conducted out of the country by a U.S. Navy officer. of old society bloodlines. Gloria Vanderbilt received her education at the Art Students League in New York City, studying drawing, anatomy and painting. Genealogy. This farsighted venture of Cornelius, yielded By age 16 he was operating his own boatafter having borrowed money from his mother to purchase itferrying freight and passengers between Staten Island and Manhattan. Cornelius Vanderbilt was the richest American until his death in 1877. displaying his collection of 200 painting in his 58-room mansion 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. When he tried to convince the U.S. and British governments to help restore the company to its rights and property, they refused. In 1863, Vanderbilt took control of the Harlem in a famous stockmarket corner, and was elected its president. She married, secondly, as his third wife, on April 21, 1945, conductor Leopold Stokowski; they had two sons, Leopold Stanislaus Stokowski (born 1950) and Christopher Stokowski (born 1955); they divorced in October 1955. was all about to change. The Commodore said that he believed William was the only heir capable of maintaining the business empire. Ms. Crawford herself was 43 years younger than her husband-to-be, Vanderbilt. According to The Wealthy 100 by Michael Klepper and Robert Gunther, Vanderbilt would be worth $143 billion in 2007 United States dollars if his total wealth as a share of the nation's gross domestic product (GDP) in 1877 (the year of his death) were taken and applied in that same proportion in 2007. Gloria achieved later notoriety for her four marriages, but considerable respect for her work as a painter, stage and film actress, author, and, after the late 1960s, designer of housewares and fashion. Of the three, Cornelius was by far the most devoted to furthering the familys business and investment interests. [5], Working for Gibbons, Vanderbilt learned to operate a large and complicated business. She remarked, Sometimes I wonder, at fifty-two has success come too late? 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).