To view a photo in more detail or edit captions for photos you added, click the photo to open the photo viewer. He Had Come to This City on Monday from Newport to Attend a Railroad Meeting -- Funeral Services to be Held on Friday", "Elliott F. Shepard Dead; He Expires at His Home After Taking Ether. How many rooms do you expect to be in this house? In 2010, it partnered with the New York State Office of Cultural Education to establish the New Netherland Research Center, with matching funds from the State of the Netherlands. While Gloria had a publicly successful career, she made it clear to her son, news anchor Anderson Cooper, that "there's no trust fund," as reported by the Los Angeles Times. William Morrow, New York 1989, ISBN -688-07279-8 based on information from your browser. Brief Life History of William Henry . By the late 20th century, barely 100 years after the Commodore had become the richest man in America and his son the richest man in the world, the Vanderbilt family fortune had dwindled into insignificance. Widow Of Financier, Long Ill. Was A Leader In Brilliant Era Of New York Society", "MR. CORNELIUS VANDERBILT DEAD; Succumbed Suddenly Yesterday to Cerebral Hemorrhage. Racing Use Escape keyboard button or the Close button to close the carousel. Billy took the advice to heart and doubled the family fortune before his death in 1885, but his own descendants would dwindle it all away in just a few decades. Although his formal education was brief, Cornelius proved to be a successful businessman and had a reputation for being competitive. They write new content and verify and edit content received from contributors. 0 cemeteries found in New Dorp, Richmond County (Staten Island), New York, USA. At the end of the bio profile of Commodore Cornelius Vanderbilt is an extensive description how the Vanderbilt in this bio profile fits in with the other prominent Vanderbilts who preceded or followed him. In 1857 he convinced his father to make him receiver of the bankrupt Staten Island Railroad and a few years later startled his father by putting the line back on a sound financial footing. There is a problem with your email/password. But while their legacy is still recognizable today, with their names plastered on universities and cultural landmarks, for many, their fortune has been gone for some time now. In 1896, however, at the age of 23, he decided to marry his lover Grace Wilson, a decision that his parents entirely disapproved of, according to the New Netherland Institute. after which the sufferer passed into a deep sleep, from which he never awoke. They do not pay. This account already exists, but the email address still needs to be confirmed. He built and owned Biltmore, the largest home in the United States. Incidentally, we may benefit humanity, but the aim is to earn a dividend. Try again later. He roomed in Durfee Hall, Moses Taylor being his roommate. You have chosen this person to be their own family member. Cornelius managed the railroad side of the . Add to your scrapbook. This browser does not support getting your location. Year should not be greater than current year. This relationship is not possible based on lifespan dates. William Henry Vanderbilt II (1870-1892) "Bill" William H. Vanderbilt II, died at Yale, unmarried zoom_in1 images Father Cornelius Vanderbilt II (1843-1899) Mother Alice (Gwynne) Vanderbilt (1845-1934) Share Contributed by Mark Meredith on 03/10/2018 and last updated on 18/05/2020. The remains of, https://www.nytimes.com/2021/01/26/t-magazine/wharton-custom-country-undine-spragg.html#commentsContainer, Manhattan, New York County (Manhattan), New York, USA, Vanderbilt Family Cemetery and Mausoleum, New Dorp, Richmond County (Staten Island), New York, USA, Alfred Gwynne Vanderbilt (RMS Lusitania victim), The Pacific Commercial Advertiser - June 6 1892, Chronicling America: Historic American Newspapers, 1791-1963. While Billy was able to prove his business sense to his father, it would be a mistake to assume that the two men had similar characters. GREAT NEWS! This is a carousel with slides. As written by Arthur T. Vanderbilt II inFortune's Children: The Fall of the House of Vanderbilt, despite the Commodore's great success as a businessman and investor, the man was notoriously harsh and rarely trusted his family with his business and money. or don't show this againI am good at figuring things out. He took over for his father as president of the Lake Shore and Michigan Southern Railway, the Canada Southern Railway, and the Michigan Central Railroad at the time of the Commodore's death. Cornelius II built one of the largest private homes in entire New York. We have tried again and again to get the different roads to give them up; but they will run them and, of course, as long as they run them we must do the same." From Wikimedia Commons, the free media repository. His oldest brother had died young, and his second eldest, CorneliusVanderbilt III, had been disinherited after getting married without his parents' approval. All photos uploaded successfully, click on the Done button to see the photos in the gallery. 23 May 1892 (aged 21) Manhattan, New York County (Manhattan), New York, USA. Learn more about merges. Male 21 December 1870-23 May 1892 LC6Y-7X8. William Henry Vanderbilt II. He wis the eldest son o Commodore Cornelius Vanderbilt, an heir tae his fortuin an a prominent member o the Vanderbilt faimily. Try again. The email does not appear to be a valid email address. [citation needed], Vanderbilt was an avid art enthusiast; his collection included some of the most valuable works of the Old Masters, and over his lifetime Vanderbilt acquired more than 200 paintings, which he housed in his lavish and palatial Fifth Avenue mansion. William Henry Vanderbilt was the fourth child and first son of Cornelius Vanderbilt's 13 children. A system error has occurred. In 1869, he was made vice-president of the New York Central and Hudson River Railroad, becoming its president in 1877. Death came very peacefully. The Commodore was known to have made one big donation in 1873: a $1 million gift to Nashville, Tennessee's, Central University, which would then be founded as Vanderbilt University, as explained byBritannica. VAN DER BILT, Alice Claypoole GWYNNE, rnelius Neily VANDERBILT, Gladys Moore VANDERBILT, Reginald 'Reggie' Claypoole VANDERBILT, Alice Gwynne VANDERBILT, Alfred Gwynne VANDERBILT, Dec 21 1870 - Staten Island, Richmond, New York, Usa, Cornelius VANDERBILT, Alice Claypoole GWYNNE, ANDERBILT, Alice Gwynne VANDERBILT, Cornelius Neily VANDERBILT, Reginald Claypoole VANDERBILT, Gertrude VANDERBILT, Alfred Gwynne VANDERBILT, ynne VANDERBILT, Cornelius VANDERBILT, Reginald Claypoole VANDERBILT, Alfred Gwynne VANDERBILT, Gertrude VANDERBILT, Gladys Moore VANDERBILT, May 23 1892 - Yale University, New Haven, Connecticut, Usa, ERBILT, Alice Gwynne VANDERBILT, Cornelius VANDERBILT, Gertrude V. Whitney VANDERBILT, Reginald Claypoole VANDERBILT, Gladys Moor VANDERBILT, Dec 21 1870 - Richmond County, New York, tats-Unis, May 23 1892 - Yale, Comt De Seneca, New York, tats-Unis. . Although Cornelius had never been much of a philanthropist, except for his one million dollar gift to Central University in Nashville, Tennessee, which then became the now prestigious Vanderbilt University, William became quite active as a philanthropist in his later years. cemeteries found in New Dorp, Richmond County (Staten Island), New York, USA will be saved to your photo volunteer list. William finally received the greatest compliment from his father when the entire Vanderbilt company was turned over to him upon Cornelius' death in 1877. The Vanderbilts also spent quite a bit of money on philanthropy and exploring their personal interests, especially the Vanderbilts of later generations. William Henry Vanderbilt (1821-1885) "Billy" Vanderbilt, President of the New York Central Railroad etc. Birth. Let us know if you have suggestions to improve this article (requires login). He was the favorite grandson of William H. Vanderbilt, who left him a legacy of $1,000,000, the income to come to him as soon as he attained his majority, and the disposal of the principal to pass into his hands when he became thirty years old. ( See also Vanderbilt family .) We have set your language to Connect to 890 Vanderbilt profiles on Geni, Source: https://www.findagrave.com/memorial/91806842/william-henry-vanderbilt, Cornelius VANDERBILT II, Alice Claypoole VANDERBILT. This memorial has been copied to your clipboard. Most of the steam shipping operations were sold off. Hij was een kleinzoon van William Henry Vanderbilt en James Watson Webb. Drs. https://www.findagrave.com/memorial/91806842/william-henry-vanderbilt. The sponsor of a memorial may add an additional. Vanderbilt Family Cemetery and Mausoleum. He was born in 1821 and as a young man, his father didn't believe that he was ambitious. Please enable JavaScript in your browser's settings to use this part of Geni. This account already exists, but the email address still needs to be confirmed. You are only allowed to leave one flower per day for any given memorial. Seemed to be Recovering from Operation for Appendicitis When Heart Failed", "From farmland to air field to parkland in New Dorp", Appletons' Cyclopdia of American Biography, The last will and testament of the late William H. Vanderbilt, https://en.wikipedia.org/w/index.php?title=William_Henry_Vanderbilt&oldid=1124276264. According to Britannica, Cornelius Vanderbilt II (not to be confused with the Commodore's second son), who was most prominently in charge of the family investments and businesses, donated huge amounts to the Metropolitan Museum of Art, Yale University, Columbia University's College of Physicians and Surgeons. While other wealthy families made it through this period just fine, the Vanderbilts' excessive spending and lack of zeal toward growing their family wealth meant that the taxes and Depression affected them much more seriously. The family sold their shares in New York Central, and in 1954, Chesapeake and Ohio Railway's Robert Young took over. Try again. Learn more about managing a memorial . It was not until after the Commodores death in 1877 that William was fully able to demonstrate his financial and managerial genius. In 1934, his cousin on his mother's side . He wasn't too keen on working in the family business, but he inherited his father's love of the arts and was an avid collector of various forms of artwork and books, according to The Blue Ridge Highlander. Young Vanderbilt was stricken with typhoid fever, which it is thought he contracted while on a Easter tour through the Western States. The Commodore is said to have told his oldest son, William Henry "Billy" Vanderbilt, "Any fool can make a fortune; it takes a man of brains to hold onto it." Daughter of W. H. Vanderbilt Was Last Surviving Grandchild of Commodore Vanderbilt", "H. M'K. Updates? It is perhaps with smart budgeting and a strong business acumen that Billy was able to double his inheritance to nearly $200 million, making him the richest man in the world by 1883. In other words when he was 49 years old he became a multimillionaire, and probably one of the richest men in the United States. Records from the Amsterdam Chamber of the West India Co. A Tour of New Netherland There is a problem with your email/password. While Billy wasn't as ambitious as his father, he was obsessed with preserving his wealth and would nitpick over expenses. The cost of the ball was estimated to be over $250,000 (more than $6 million today, per theOfficial Data Foundation). William Henry Vanderbilt (1821 - 1885) Net Worth: $239 billion How He Made His Money: Inheritance, railroads. Manhattan, New York County (Manhattan), New York, USA. His surviving brothers and sisters are Cornelius Vanderbilt, Jr., Gertrude, Alfred, Reginald, and Gladys. Try again later. Over time, the Commodore moved on to invest in steamships and then railroads, and before he knew it, he had built up the shipping and railroad empire New York Central and become the richest American. In contrast to the Commodore and Billy Vanderbilt, the third and fourth generations grew up ridiculously lavishly and spent their fortunes like crazy. Death came very peacefully. She spent millions of her husband's inheritance building a huge mansion on Fifth Avenue's millionaire row, one of the largest homes there at the time. According to The New York Times, Gloria expanded her line to include other items of clothing and was earning $100 million annually. His father regarded him as incompetent, and changed his opinion only when William had turned around the Staten Island Railroad (1857-63), which had been bankrupt. William received bad publicity and clarified his response with a subsequent interview by the Chicago Times. Family members linked to this person will appear here. In 1841, Billy married Maria Louisa Kissam (18211896), daughter of the Reverend Samuel Kissam and Margaret Hamilton Adams. Out of sympathy, Alfred gave him an extra $6 million, but Cornelius would remain estranged from the rest of his family for decades after. Aside from focusing on the business, he was also a philanthropist who donated substantial resources to various organizations. For memorials with more than one photo, additional photos will appear here or on the photos tab. He had also a large allowance from his father, so large, in fact, that in his sophomore year he gave $5,000 for the new gymnasium at Yale.New York Times May 24, 1892, Thank you for fulfilling this photo request. Are you adding a grave photo that will fulfill this request? How The Vanderbilt Family Lost Their Entire Fortune, Fortune's Children: The Fall of the House of Vanderbilt. But it had no reality in my life." Where the Commodore was abrasive and money-hungry, Billy was more inclined to compromise and saw money as a source of anxiety. An email has been sent to the person who requested the photo informing them that you have fulfilled their request, There is an open photo request for this memorial. George and William were educated abroad in Switzerland and England, but always returned home to Biltmore for holidays and summer vacations. The fortune had doubled when he died less than nine years later. McLane and Draper were almost beginning to hope, but it was soon evident that it was only a flicker of the candle, and all hope died with the last hemorrhage. He was noted as an excellent horseman, a first class cross country rider, and an expert polo player. William Henry Vanderbilt was the eldest son of Commodore Cornelius Vanderbilt and the wealthiest American after taking over his father's fortune in 1877, inheriting over $100 million. His Vast Wealth Estimated at Two Hundred Millions", "The Truth About that "Public Be Damned" Interview", "Mrs. Vanderbilt Sr. He dropped out of school at 11 years old to aid his father at work, and five years later, he decided to establish his own shipping business that provided transport services to and from Staten Island and Manhattan, as reported by the National Railroad Hall of Fame. Try again later. As the Billie Holiday song goes, 'Mama may have and Papa may have, but God bless the child that's got his own.'" But. [citation needed], He died on December 8, 1885, in Manhattan, New York City. With the $35 million he made from the sale, he invested in government bonds, a comparatively safe move uncharacteristic of a tycoon. There are no volunteers for this cemetery. Share this memorial using social media sites or email. Found more than one record for entered Email, You need to confirm this account before you can sign in. ", "F. W. Vanderbilt Dies in Hyde Park Grandson of Founder of the Family Fortune 61 Years on New York Central Board Owner of Famous Yachts Gifts to Hospitals, Colleges and Other Institutions Totaled Millions", Vanderbilt rehab a study in family memories, "DR. W. SEWARD WEBB DEAD IN VERMONT; Retired New York Capitalist Succumbs at Shelburne in His 76th Year. On his own, Cornelius made several technological developments that earned him royalties from patents and lived a lavish life. As told by Town & Country, Reginald Claypoole Vanderbilt was the great-grandson of the Commodore and the younger brother of Cornelius Vanderbilt III and Alfred Vanderbilt. He was brought to his father's house May 6, as his sickness was recognized as serious from the beginning. He was the favorite grandson of William H. Vanderbilt, who left him a legacy of $1,000,000, the income to come to him as soon as he attained his majority, and the disposal of the principal to pass into his hands when he became thirty years old. Gloria's son, Anderson Cooper, is a Peabody Award-winning journalist, author, and television producer and personality. In the years following, Cornelius worked toward expanding his business and by 1812, he pivoted his focus toward steamboats. Vanderbilt's railroad holdings included Chicago, Burlington and Quincy Railroad, the Chicago and Canada Southern Railway, the Detroit and Bay City Railroad, the Hudson River Railroad, the Hudson River Bridge, the Joliet and Northern Indiana Railroad, the Michigan Midland and Canada Railroad, the New York Central and Hudson River Railroad, the New York Central Sleeping Car Company, the New York and Harlem Rail Road, the Spuyten Duyvil and Port Morris Railroad, and the Staten Island Rail-Road. Showing Editorial results for WILLIAM HENRY VANDERBILT. Allen William Vanderbilt (18461847) who died at age 11 months. "of acccptiug the nomination if it was ofleicd, New York, administered seventy-five lashes to a negro woman. The press dubbed it Vanderbilt Row. Despite being the third-eldest son, Alfred was thought to be the one who would best handle the family fortune. Cornelius Vanderbilt was born into a humble family in 1794. His occupations were occupation, occupation, occupation, occupation and occupation. It was in 1889 when construction of the Biltmore began, and it became his family home when he married Edith Stuyvesant Dresser in 1898 (via Biltmore). She died of cancer in 2019 at the age of 95. While the Vanderbilt fortune was being split among more and more descendants who loved to excessively spend their inheritances, the original source of their family's wealth, New York Central, began to decline in the first half of the 20th century, according to Forbes. He then went to St. Paul's school, Concord, N. H., where he took a great interest in rowing, being stroke of the school crew. If you have questions, please contact [emailprotected]. William Henry Vanderbilt III. Contributions are tax-deductible to the extent permitted by law. Instead of helping out with the family's shipping business, Cornelius sent William to manage a family farm in Staten Island in 1840. Please enter your email address and we will send you an email with a reset password code. For memorials with more than one photo, additional photos will appear here or on the photos tab. In addition, he established the Vanderbilt family name in philanthropy. Make sure that the file is a photo. Farther up the avenue, William's eldest son, Cornelius II with his wife and family occupied a 153 room mansion occupying the entire block between 57th and 58th Streets where Bergdorf Goodman and Van Cleef and Arpels are located today.These Vanderbilts were the new social stars. As the youngest son of the family (per Geneanet), Reginald had little involvement in the family business. Which memorial do you think is a duplicate of William Vanderbilt (91806842)? In 1915, his father perished in the sinking of the RMS Lusitania. During the past few months the young man had been elected to membership in the Knickerbocker, New York Yacht, Seawanhaka Corinthian, Racket and Tennis, Country, Westchester Polo, and Riding Clubs. The Vanderbilt organization bought the then bankrupt Long Island Railroad and William was put in charge to reorganize it. Learn more about merges. In 1899, his father died and, out of his more than $70 million estate, left Cornelius only $500,000. William lived on month day 1922, at address, Rhode Island. Several accounts of the incident were then disseminated; the accounts vary in terms of who conducted the interview, under what circumstance and what was actually said. Which memorial do you think is a duplicate of William Vanderbilt (91806842)? He was a member of the Psi Upsilon Fraternity and one of the most popular men in his class.
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