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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.

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Q: What changes did Cornelius Vanderbilt made on America?
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What businesses was Cornelius Vanderbilt involved in?

Cornelius Vanderbilt was a self-made business man specializing in the Railroad Industry.


What was Cornelius Vanderbilt famous for?

Cornelius Vanderbuilt was one of the rich Americans in history. He made his wealth in shipping and railroads.


Why is Cornelius Vanderbuilt famous?

Cornelius Vanderbilt was one of the richest Americans in history. He made his wealth in shipping and railroads. Vanderbilt donated $1 million to found Vanderbilt University. It was the United States' largest charitable donation at that time.


What nineteenth century US industrialist was closely associated with railroading?

Cornelius Vanderbilt is the 19th century industrialist most closely associated with railroading. Vanderbilt was associated with a group of American industrialists known as â??robber barons.â??


Vanderbilt is known for what?

Cornelius Vanderbuilt was one of the rich Americans in history. He made his wealth in shipping and railroads.


What did Cornelius Vanderbilt had a monopoly on?

He controlled all of the steam ship companies and all of the railroad companies and made over 2,000,000,000 in modern day money


What was Cornelius Vanderbilt known for?

Cornelius Vanderbilt was known for holding intense bum fights. He would travel from town to town looking for bums, matching them up in fights. The fights often lasted 2 5 minute rounds. The prize usually was a shiny nickel. Though, when he could get women to fight, it would just end with a roll in the hay.


Why was cornelius vanderbilt a robber baron?

The term "robber baron" is very imprecise and is applied as a name for people who made money in industry or transportation during the 19th century. Since Vanderbilt made a lot of money during this time, he was called a robber baron.


Who invented the first ferry?

Robert Fulton invented the first ever ferry. He first made the steamboat. In 1811, the first ever ferry fleet launched. (Cornelius Vanderbilt made ferries around this time also.)


Cornelius Vanderbilt how did he treat his workers?

Vanderbilt's Treatment of WorkersDuring 1873, Vanderbilt began construction of Grand Central Terminal in NYC to help thousands of people unemployed find a job. Workers were paid very litte and worked long hours.


Why was cornelius vanderbilt important?

Cornelius Vanderbilt was one of the richest Americans in history and built two transportation empires in shipping and railroads. He donated a warship, the Vanderbilt, to Abraham Lincoln and helped bring success for the Union navy. He gave the initial donation to start Vanderbilt University and built NYC's famous Grand Central Terminal.


What railroad tycoon was know for consolidating railroads?

Jim Fisk ^That answer is wrong! One business man known for the money he made as a railroad tycoon is Cornelius Vanderbilt. He is known for making a fortune by consolidating railroad companies to get rid of competition and have greater control of price.