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What were some of the problems that Cornelius Vanderbilt had to face?
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Vanderbilt became one of the wealthiest men in America by destroying other businesses.
Did people like Cornelius Vanderbilt?
Cornelius Vanderbilt was a famous big time businessman in the days when the United States did not intercede into big business to any large degree. Vanderbilt did a number of worthwhile deeds such as establishing Vanderbilt University. What can be said about him concerning "like" is that all powerful & successful people are liked & disliked. His peers were in the same mode, some wealthy men liked him some did not. In many progressive circles he was not a popular figure.
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It came to the point where Cornelius Vanderbilt, the railroad tycoon issued a court order to the Erie directors Jay Gould and Jim Fisk. Vanderbilt discovered that the Erie was unloading watered stock. They stole six million dollars and fled to New Jersey. After some bribery, they returned to New York and were back in business.
What companies did Cornelius Vanderbilt own?
Vanderbilt was an entrepreneur who was a steamship operator and owned and/or controlled more than a dozen railroads. Some of these included the New York and Harlem Railroad, the Hudson River Railroad and the New York Central Railroad. See Sources and related links for details of his business interests.
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