From there his business would grow into something much bigger. It went one from one ship to a few ships to a whole fleet of ships in just a matter of time. Vanderbilt’s Fleet would transport both goods and people across the water. This affected many people. Through his business Vanderbilt received the name “Commodore”. Over a 40 year span Vanderbilt builds the largest shipping empire in the world. At the climax of his power, he decides to sell his entire shipping empire. A very questionable move if you ask me, but it would eventually work out for Vanderbilt. He sells his Fleet of ships to invest the in the railroad industry. A new type of industry, but effective, this move pays off and affects the Civil War. By the End of the Civil War, Vanderbilt is the richest man in America. His investment had earned him a net worth of $68 million, which today would equal $75
From there his business would grow into something much bigger. It went one from one ship to a few ships to a whole fleet of ships in just a matter of time. Vanderbilt’s Fleet would transport both goods and people across the water. This affected many people. Through his business Vanderbilt received the name “Commodore”. Over a 40 year span Vanderbilt builds the largest shipping empire in the world. At the climax of his power, he decides to sell his entire shipping empire. A very questionable move if you ask me, but it would eventually work out for Vanderbilt. He sells his Fleet of ships to invest the in the railroad industry. A new type of industry, but effective, this move pays off and affects the Civil War. By the End of the Civil War, Vanderbilt is the richest man in America. His investment had earned him a net worth of $68 million, which today would equal $75