Cornelius Vanderbilt, 1853 - in a letter to former business associates Morgan & Garrison, the partnership of Charles Morgan and C.K. ), 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. He was the favorite grandson of Commodore Cornelius Vanderbilt, who bequeathed him $5 million, and the eldest son of William Henry Billy Vanderbilt and Maria Louisa Kissam. In 1863, Vanderbilt took control of the Harlem in a famous stockmarket corner, and was elected its president. While it may have been a period of excitement for Gloria, 1978 brought more tragedy into her life. He bought large amounts of real estate in Manhattan and Staten Island, and took over the Staten Island Ferry in 1838. Your e-mail addresses will not be sold or given away to anyone. An error has occured while loading the map. This would make him the second-wealthiest person in American history, after John D. Oftentimes the family trees listed as still in progress have derived from research into famous people who have a kinship to this person. his life the Commodore started a family tradition In October 1871, Vanderbilt struck up a partnership with the New York and New Haven Railroad to join with the railroads he owned to consolidate operations at one terminal at East 42nd Street called Grand Central Depot, which was the original Grand Central Terminal, where his statue reigns today. Vanderbilt Family is an American family which was most popular during the Gilded Age. 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 . 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. When he passed away in January of 1877, he left 95% of his money to his eldest son William Henry Vanderbilt. Still trying to make a name for herself away from the albatross of her past, she acted. They were among the earliest arrivals to 17th-century New Amsterdam. Instead of resting on the laurels of the family name, Gloria Vanderbilt forged her own path as a fashion designer and artist. being honorable, shrewd, and hard-working. In 1864, the Commodore sold his last ships, concentrating on railroads. In 1979 she was the recipient of the Silver Spirit of Life Award from the City of Hope in California. In 1955, after ten years of marriage Gloria and Leopold Stokowski divorced in a bitter and acrimonious trial that rivaled the custody ordeal of 1934. It helped bottle up the Virginia, after which Vanderbilt converted it into a cruiser to hunt for the Confederate commerce raider Alabama, captained by Raphael Semmes. In early 1853, he took his family on a grand tour of Europe in his steamship yacht, the North Star. He began his business by ferrying freight and passengers between Staten Island and Manhattan. He also hired the attorney Daniel Webster to argue his case before the United States Supreme Court; Vanderbilt won, thereby establishing an early precedent for the United States' first laws of interstate commerce. In 1956, Gloria married again, this time to film director Sidney Lumet. The lives of Cornelius Commodore and George knew the quality of the finer things. He Cornelius VanderbiltCornelius Vanderbilt I (May 27, 1794 January 4, 1877), also known by the sobriquets ( A sobriquet is a nickname or a fancy name, usually a familiar name given by others as distinct from a pseudonym assumed as a disguise, but a nickname which is familiar enough such that it can be used in place of a real name without the need of explanation.) During the 1930s, she was the subject of a high-profile child custody trial in which her mother, Gloria Morgan Vanderbilt, and her paternal aunt, Gertrude Vanderbilt Whitney, each sought custody of her and control over her trust fund. by his fathers example of stepping higher than the last displaying his collection of 200 painting in his 58-room mansion An advertising campaign blitz and personal appearances ensured the gilded name of Vanderbilt appeared on the backsides of women across the country. 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. Having studied at the Art Students League in New York Gloria had several successful one-woman shows of her oil paintings. Secretary of the Navy Gideon Welles refused it, thinking its operation and maintenance too expensive for what he expected to be a short war. (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. When Commodore died, he left most of his fortune to his oldest son, William Henry Vanderbilt. Her beloved husband Wyatt Cooper died of a heart attack. The Commodore said that he believed William was the only heir capable of maintaining the business empire. First he took over Gibbons' ferry to New Jersey, then switched to western Long Island Sound. he was considered the wealthiest industrialist of the time. 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. County of New York, New York City 20.02.1924, Father: Reginald Claypoole Vanderbilt * 1880, Mother: Gloria Laura Mercedes Morgan * 23.08.1904, Antoni Stanislaw Boleslawowicz * 18.04.1882, Vanderbilt, Gloria (Gloria Morgan Vanderbilt-Cooper). He bought control of the Hudson River Railroad in 1864, the New York Central Railroad in 1867, and the Lake Shore and Michigan Southern Railway in 1869. To his younger surviving son, Cornelius Jeremiah Vanderbilt, whom he regarded as a wastrel, he left the income from a $200,000 trust fund. As well as Berkshire cottages in the western region of Massachusetts. In the midst of personal turmoil she found herself in the courts again, this time as a victim of fraud. A common nickname for important steamboat entrepreneurs, by the end of the 1840s, only Vanderbilt was referred to by this nickname. Biltmore House officially opened to family and friends on Christmas Eve, 1895. By 1873, he had extended the lines to Chicago, Illinois. For donating the Vanderbilt, he was awarded a Congressional Gold Medal. On December 19, 1813, Cornelius Vanderbilt married his cousin and neighbor, Sophia Johnson (1795-1868), daughter of his aunt Elizabeth Hand Johnson. Despite his growing wealth, the city's. of old society bloodlines. 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. He lived modestly, leaving his descendants to build the Vanderbilt houses that characterize America's Gilded Age. Initially, her involvement in clothing consisted of putting her name (in place of the previous brandname, "Lucky Pierre", on a line of blouses produced by the Murjani Corporation. 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. Gloria Vanderbilt received her education at the Art Students League in New York City, studying drawing, anatomy and painting. He was inducted in the "Railway Workers & Builders: North America" category. Adopting the swan as her professional symbol, Gloria Vanderbilts sense of fantasy could be seen on an entire line of products resulting in $3 million dollars in sales by 1976. Articles from Britannica Encyclopedias for elementary and high school students. In 1863, Vanderbilt took control of the Harlem in a famous stockmarket corner, and was elected its president. In 1834, Vanderbilt competed on the Hudson River against a steamboat monopoly between New York City and Albany. The fashion line grew to include dresses, fragrances, blouses, shoes, and other accessories. To be exact, Cooper is the great great great . [15], When the American Civil War began in 1861, Vanderbilt attempted to donate his largest steamship, the Vanderbilt, to the Union navy. [13] During the 1850s, Vanderbilt also bought control of a major shipyard and the Allaire Iron Works, a leading manufacturer of marine steam engines, in Manhattan. in order to build a ferry service on New York Bay. Senior Gloria and her twin sister lived together in New York, then Los Angeles. In his will, he left 95% of his $100 million estate to his son William and to William's four sons ($5,000,000 to Cornelius Vanderbilt II, and $2 million apiece to William Kissam Vanderbilt, Frederick Vanderbilt, and George Washington Vanderbilt II). family vocation. to find out first about our new feature stories, road trips and special offers Billy had had a nervous breakdown early in life, and his father had sent him to a farm on Staten Island. In the 1980's she accused her former partners in GV Ltd. and her lawyer of fraud. Livingston and Fulton offered Vanderbilt a lucrative job piloting their steamboat, but Vanderbilt rejected the offer. The Commodore wasnt It was in the 1830s when he was first referred to as "commodore," then the highest rank in the United States Navy. Right here at FameChain. Step by step, he started lines between New York and the surrounding region. Vanderbilt family, one of the wealthiest and most prominent families in the United States. The depot was replaced by Grand Central Terminal in 1913. During the 1850s, he also bought control of a major shipyard and the Allaire steam engine works in Manhattan. In today's value, that will be around 2.5 billion dollars. He was the fourth of nine children born into a Staten Island family of modest means. Vanderbilt sent a man to Costa Rica who led a raid that captured the steamboats on the San Juan River, cutting Walker off from his reinforcements from the United States. Comfort Vanderbilt married Benjamin Nichols and had 7 children. Connect to the World Family Tree to find out, May 27 1794 - Port Richmond, Richmond, New York, United States, Jan 4 1877 - New York City, New York, United States, Sophia Vanderbilt, Frank Armstrong Vanderbilt. But the new Nicaraguan government refused to allow Vanderbilt to restart the transit business, so he started a line by way of Panama, eventually developing a monopoly on the California steamship business. He sank the tracks on 4th Avenue in a cut that later became a tunnel, and 4th Avenue became Park Avenue. She received the Anti-Defamation Leagues Woman of Achievement Award in 1981 and the National Arts Club Citation of Merit in 1982. Ruthless in business, Cornelius Vanderbilt was said by some to have made few friends in his lifetime but many enemies. Wrong username or password. Cornelius Vanderbilt was the richest American until his death in 1877. in New York, New York, USA, This form allows you to report an error or to submit additional information about this family tree: Commodore VANDERBILT (1794), Copyright Wikipdia authors - This article is under licence CC BY-SA 3.0. According to NYC experts at 6sqft, the Vanderbilt family owned multiple Gilded Age mansions on Fifth Avenue's millionaire row, including the massive three townhouses called the "Triple Palaces." They also were prone to bouts of family competition, building huge mansions to rival each other. Vanderbilt's proved that new American fortunes overrode the order That same year, the military adventurer, William Walker, took control of Nicaragua. She'll release a second song later this spring. While every effort has been made to follow citation style rules, there may be some discrepancies. The Vanderbilt's were prosperous as farmers but that At the time of his death, aged 82, Cornelius Vanderbilt's fortune was estimated at $100 million. Cornelius Vanderbilt and his descendants (by year of birth), Other Vanderbilt descendants, but not of Cornelius Vanderbilt, Spouses of descendants of Cornelius Vanderbilt (by year of birth), Learn how and when to remove this template message, Elm Court (Lenox and Stockbridge, Massachusetts), Vanderbilt Mansion National Historic Site, list of largest houses in the United States, Christopher Denys Stormont Finch-Hatton, 16th Earl of Winchilsea, Daniel Finch-Hatton, 17th Earl of Winchilsea, John Spencer-Churchill, 10th Duke of Marlborough, John Spencer-Churchill, 11th Duke of Marlborough, Charles James Spencer-Churchill, 12th Duke of Marlborough, George John Godolphin Spencer-Churchill, Marquess of Blandford, Kenneth Peter Lyle Mackay, 4th Earl of Inchcape, Charles Spencer-Churchill, 9th Duke of Marlborough, Christopher Finch-Hatton, 15th Earl of Winchilsea, Laura Spencer-Churchill, Duchess of Marlborough, Kenneth James William Mackay, 3rd Earl of Inchcape, Rosita Spencer-Churchill, Duchess of Marlborough, Edla Spencer-Churchill, Duchess of Marlborough, James Spencer-Churchill, 12th Duke of Marlborough, Dunkirk, Allegheny Valley & Pittsburgh Railroad, International Auxiliary Language Association, Vanderbilt Gallery (American Fine Arts Society), Vanderbilt Clinic (Presbyterian Hospital), Cathedral of All Souls (Asheville, North Carolina), "Nederland's Patriciaat: Lijst van geslachten opgenomen in de jaargangen 1 (1910) t/m 91 (2012)", "Jan Jansen van Haarlem and Anthony Jansen van Salee", "The Episcopalians: An American Elite With Roots Going Back To Jamestown", "The 1891 Margaret Louisa Home - No. William Henry, who inherited most of his fathers one hundred million dollars. [7], On November 8, 1833, Vanderbilt was nearly killed in a mugging in New Jersey. a life of privilege, wealth, education, travel and having a taste The funeral of, House. Her first theater appearance in "The Swan" inspired the swan logo she would later use in her fashion design. Five years with Stokowski and even with two children, things were not going well. Mary Williams , John Sayles, Blanche de BRIENNE , Guillaume de FIENNES, Alinor de PROVENCE , Henri III d'ANGLETERRE, Agns De Neuchatel , Pierre De Grandson. But he suffered a personal loss when his youngest and favorite son and heir apparent, George Washington Vanderbilt, a graduate of the United States Military Academy, fell ill and died without ever seeing combat. Cornelius Vanderbilt versus James Fisk ("Diamond Jim") in the famous rivalry with the Erie Railroad. America. While some of Cornelius Vanderbilt's descendants gained fame in business, others achieved prominence in other ways, e.g. 640 Fifth Avenue was completed in 1881. In just eight years, William doubled the fortune. Dr. Jared Linsly testifying as to the mental and physical condition of Cornelius Vanderbilt, during court proceedings surrounding the challenge to his will. In his book, Cooper claims that there wasnt much of the Vanderbilt fortune left when his mother, Gloria Vanderbilt, died in 2019. this interest at an early age, by creating his own collection of Around 1979, the Murjani Corporation, which owned one of her apparel licenses, approached Gloria to design a line of jeans. The denim designer died Monday at age 95 after leaving a memorable impact on the fashion world. At the time of his death, aged 82, Vanderbilt had a fortune estimated at $100 million. 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. But on November 24, 1817, a ferry entrepreneur named Thomas Gibbons asked Vanderbilt to captain his steamboat between New Jersey and New York. As a child, Commodore could barely read and write. The year before, the Lumets divorced and Gloria, at age 40, married editor-writer Wyatt Emory Cooper. 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. Vanderbilt appealed his own case against the monopoly to the Supreme Court, which was next on the docket after Gibbons v. Ogden. Research devoted solely to this person has either not yet . Early years Cornelius Vanderbilt was born in Staten Island, New York on May 27, 1794 to Cornelius van Derbilt and Phebe Hand. 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. [20], Vanderbilt's life story has inspired works of fiction, including the ambitious character of Nat Taggart in Ayn Rand's Atlas Shrugged (1957). Husband of Sophia Johnson and Frank Armstrong Vanderbilt 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. People may receive compensation for some links to products and services on this website. Though Vanderbilt kept his own businesses running, he became Gibbons's business manager. George Washington Vanderbilt, heir of a portion of the family fortune acquired in railroad development, turned his interests to agriculture and forestry and became outstanding in both. The fourth son and youngest child of William Henry Vanderbilt (1821 - 1885) and his wife Maria Louisa Kissam, George II was named after . Family tree of Commodore VANDERBILT Industrialist, Businessman Born Cornelius VANDERBILT American entrepreneur who built his wealth in shipping and railroads Born on May 27, 1794 in Staten Island, New York, USA , United States Died on January 04, 1877 in New York, New York, USA Born on May 27 44 Deceased on January 04 38 Family tree Report an error In the end, he could not attract enough investment to build the canal, but he did start a steamship line to Nicaragua, and founded the Accessory Transit Company to carry passengers across Nicaragua by steamboat on the lake and river, with a 12-mile carriage road between the Pacific port of San Juan del Sur and Virgin Bay on Lake Nicaragua. Their success began with the shipping and railroad empires of Cornelius Vanderbilt, and the family expanded into various other areas of industry and philanthropy.
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