Cornelius Vanderbilt, the railroad tycoon, by J. C. Buttre
Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), also known informally as “Commodore Vanderbilt”, was an American business magnate and philanthropist who built his wealth in railroads and shipping. Born poor and having only a mediocre education, Vanderbilt used perseverance, intelligence, and luck to work his way into leadership positions in the inland water trade and invest in the rapidly growing railroad industry. He is known for owning the New York Central Railroad. Cornelius Vanderbilt’s great-great-grandfather, Jan Aertson or Aertszoon (“Aert’s son”), was a Dutch farmer from the village of De Bilt in Utrecht, Netherlands, who emigrated to New York as an indentured servant in 1650. The Dutch van der (“of the”) was eventually added to Aertson’s village name to create “van der Bilt” (“of the Bilt”). This was eventually condensed to Vanderbilt. As one of the richest Americans in history and wealthiest figures overall, Vanderbilt was the patriarch of a wealthy, influential family. He provided the initial gift to found Vanderbilt University in Nashville, Tennessee. According to historian H. Roger Grant:
Contemporaries, too, often hated or feared Vanderbilt or at least considered him an unmannered brute. While Vanderbilt could be a rascal, combative and cunning, he was much more a builder than a wrecker. … being honorable, shrewd, and hard-working.
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