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Beginning of Paper
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Cornelius Vanderbilt was born on May 27, 1794. He was an American Steamship and Railroad builder as well as a financier and promoter. He was born to a poor family and he quit school at eleven. He owned his first business at age sixteen as a transport and freight service. By the war of 1812, the government was contracting him ....
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Middle of Paper
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.... he was 40, Vanderbilt's fortune exceeded 500,000 dollars, but he was still looking for new opportunities. During the 1849 gold rush, Vanderbilt offered an overland route across the isthmus of Panama that saved 600 miles and this got him over 1 million dollars a year. By 1853 he was making money so quickly that he took the first vacation of his entire life. He built a steam yacht, the North Star, and toured Europe, before he went he resigned presidency of the Accessory Transit Company. He dabbled in Atlantic passenger ships but found them to be unpr ....
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