answersLogoWhite

0

The ferry and the steamboat business.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What changes did Cornelius Vanderbilt made on America?

Cornelius Vanderbilt took advantage of loose regulations to create a railroad empire. Partly from the money he earned in the shipping industry, he was able to make railroading a primary vehicle to add to his fortune. His main competition was from Jay Fisk of New York.


How did cornelius Vanderbilt get rich?

Cornelius Vanderbilt was an American steamship and railroad builder. He was a man of boundless energy, and his acute business sense enabled him to outmaneuver his rivals. He left an estate of almost $100 million.He went on to make his fortune in the steamship business


How did Vanderbilt become wealthy?

He left most of it to his family.


How did Ira Rennert make his fortune?

Ira Rennert made his fortune by investing in the junk bonds of failing industrial businesses. He is estimated to be worth approximately 5.2 million dollars.


What contributions did Cornelius Vanderbilt make to the railroad industry?

Cornelius Vanderbilt significantly transformed the railroad industry in the 19th century by consolidating and expanding rail networks, primarily through his control of the New York Central Railroad. He pioneered the use of standardized tracks and improved the efficiency of railroad operations, which greatly enhanced transportation speed and reliability. Vanderbilt also advocated for a more organized and competitive railroad system, leading to the establishment of more effective business practices within the industry. His innovations and leadership helped lay the groundwork for the modern railroad system in the United States.


In Rudolph the Red-Nosed Reindeer how did Yukon Cornelius make a living?

Yukon Cornelius was a silver prospector.


How did the vanderbilts make their money?

The Vanderbilts made their fortune primarily through the shipping and railroad industries. Cornelius Vanderbilt began by building a successful ferry service and then expanded into railroads, consolidating various lines to create a vast transportation network. His strategic investments and aggressive business tactics allowed him to dominate the industry, leading to immense wealth. The family's wealth continued to grow through the investments of subsequent generations in various enterprises, including real estate and philanthropy.


What did Robert Cornelius make?

photographic plate


Who was the first person to make a portrait?

Robert Cornelius


What accomplishments did cornelius vanderbilt make?

Started the Railroad and shipping empires of the Gilded Age.


Did Cornelius Vanderbilt make the US steel corporation?

Andrew Carnegie worked with steel and used the business method of "vertical integration" (in which he took all parts of the steel making process into his own hands to decrease his spending, improve quality of the steel, and monitor work during each step). This isn't really relevant to the question, but if you want to more more enlightened, the method of "horizontal integration" was a creation of John Rockefeller, in which he allied with other companies to eliminate competition. Eventually, J.P. Morgan took over Carnegie's business and founded the United States Steel Corporation. Now, Cornelius Vanderbilt worked with steamboats and railroads, eventually dominating the railroad business. His money went into the founding of Vanderbilt University, in which his name is most remembered. He did, however, replace the iron rail with a much more efficient steel rail. I hope this helped, Megan


How much did Oskar Schindler make and pay out in bribes?

Oskar Schindler spent over $1.5 million in bribes to protect his Jewish workers during the Holocaust. He made his fortune from his enamelware and ammunitions businesses.