Cornelius Vanderbilt (1794)
Cornelius was the patriarch of the famous Vanderbilt family. As a youth, he ferried freight and passengers in New York Harbor. As an adult, he gained control of most of the ferry lines around New York City and quickly expanded up and down the coast. He had similar success in the railroad business and died with an estate worth more than $100 million, the largest personal fortune accumulated in the US to that date. Why did Vanderbilt, who had 13 children, leave nearly everything to just one son? More…
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