Cornelius Vanderbilt III, Alfred Vanderbilt's older brother, was well-educated with three degrees from Yale and poised to take over the family railroad business from his father. He was born on May 8, 1821 and since 1841 he had been happily married to Maria Louisa Kissam [1821-1896], the daughter of a Presbyterian minister. 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. William Henry Vanderbilt, I (1821-1885 . The Vanderbilt organization bought the then bankrupt Long Island Railroad and William was put in charge to reorganize it. About William Henry. Little by little, he purchased land until he had 125,000 acres. Are you sure that you want to report this flower to administrators as offensive or abusive? 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. Death came very peacefully. In addition, he established the Vanderbilt family name in philanthropy. For example, they had to open Biltmore to the public in 1930 to "increase area tourism" and "generate income to preserve the estate" (via Biltmore's Estate History). As described by The Lusitania Resource, most of the inheritance went to his younger brother Alfred, with his other siblings receiving $7 million each. or don't show this againI am good at figuring things out. His surviving brothers and sisters are Cornelius Vanderbilt, Jr., Gertrude, Alfred, Reginald, and Gladys. Title: William Henry II and Cornelius Vanderbilt III Artist: Augustus Saint-Gaudens (American, Dublin 1848-1907 Cornish, New Hampshire) Date: 1882 Culture: American Medium: Bronze Dimensions: 16 1/4 x 26 1/8 in. William Henry Vanderbilt II. We will review the memorials and decide if they should be merged. 23 May 1892 (aged 21) Manhattan, New York County (Manhattan), New York, USA. The New York and Harlem Railroad and the Hudson River Railroad were merged with the Long Island Railroad and the Central Railroad and formed the beginning of the New York Central System. Hij was een kleinzoon van William Henry Vanderbilt en James Watson Webb. It was only in 2019 after his mother's death that Cooper decided to learn more about the Vanderbilts, so he could one day pass the knowledge to his own son. Please refer to it for further understanding of the Vanderbilt family tree. William was rewarded for his accomplishments in rebuilding the Long Island Railroad, and became essentially the driving force behind the railroad business of the Vanderbilts. 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. The family sold their shares in New York Central, and in 1954, Chesapeake and Ohio Railway's Robert Young took over. A frail and seemingly unambitious youth, William was dismissed by his strong and dynamic father as incompetent to run the family business. He was able to grow the business even bigger than it already was, and according to Real Estates in NY, William was able to double the Vanderbilt fortune from $100 million to $200 million before he retired in 1883. George's brothers handled the shipping and railroad businesses, while George pursued his passion for the arts. [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. Son of Cornelius Vanderbilt, II and Alice Claypoole Vanderbilt His oldest brother had died young, and his second eldest, CorneliusVanderbilt III, had been disinherited after getting married without his parents' approval. Family members linked to this person will appear here. It was only upon his death that Cornelius gave his son William the ultimate compliment for being a proven manager by turning over the entire Vanderbilt organization to William so that he could manage it as he saw fit. The William Henry Vanderbilt estate was valued at about $200 million at the time of his death. Cornelius Vanderbilt (1794-1877) . Failed to remove flower. Are you sure that you want to delete this photo? Family members linked to this person will appear here. William Henry "Billy" Vanderbilt (May 8, 1821 - December 8, 1885) was an American businessman and philanthropist. At the time, that was more than was in the U.S. Treasury. He was the eldest son of Commodore Cornelius Vanderbilt, an heir to his fortune and a prominent member of the Vanderbilt family.Vanderbilt became the richest American after he took over his father's fortune in 1877 until his own death in 1885, passing on a substantial part of the . It was an era where flaunting your wealth publicly was all the rage, even in the face of income inequality as millions of other Americans struggled day to day. Discover life events, stories and photos about William Henry Vanderbilt II (1870-1892) of Manhattan, New York County, New York, United States. 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. A major turning point in their relationship occurred on the family trip to Europe on the steamship Vanderbilt in 1860, after which, the two became very close and Billy was given a greater role in business matters. Are you sure that you want to remove this flower? Throughout all of this, the Vanderbilts had failed to establish any significant businesses that would have them maintain their status as one of America's wealthiest families. I knew they had all these houses and they were museums now. [3], His father carefully oversaw his business training, starting him out at age 19 as a clerk in a New York banking house. He eventually married a Norwegian woman in his early 20s, and together, they settled on a farm. Add to your scrapbook. 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. Edit a memorial you manage or suggest changes to the memorial manager. William Henry Vanderbilt was the fourth child and first son of Cornelius Vanderbilt's 13 children. In 1934, his cousin on his mother's side . Try again. He was a member of the Psi Upsilon Fraternity and one of the most popular men in his class. Make sure that the file is a photo. Sorry! 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. The year was 1810, and the $100 (equivalent to a little over $2,100 today, per theOfficial Data Foundation)was spent on a boat that he used to start his own transport and freight business. Three years later, William Amherst Vanderbilt Cecil was born in Biltmore House. While cleaning his mother's apartment, he came across letters and other items that revealed stories about the Vanderbilts. Cornelius learned his business acumen from his mother, who taught him how to save and invest. https://www.findagrave.com/memorial/91806842/william-henry-vanderbilt. Later on, Cornelius also decided to go into the railroad business and acquired stocks for several railways including the Harlem and New York Railroads, as well as the New York Central and Hudson River Railroads. Manhattan, New York County (Manhattan), New York, USA. 59th Governor of Rhode Island. He is Prostrated by Paralysis While Talking to Robert Jarrett, President of the Baltimore and Ohio Railroad, and Dies Without Speaking. William H. Vanderbilt DeadThe son of Cornelius Vanderbilt succumbs to typhoid fever. I thought you might like to see a memorial for William Henry Vanderbilt II I found on Findagrave.com. [2] ng l con trai c ca Cornelius Vanderbilt, ng cng l ngi tha k ti sn v l mt nhn vt li lc trong i gia nh Vanderbilt. 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. On his own, Cornelius made several technological developments that earned him royalties from patents and lived a lavish life. Young Vanderbilt was the owner of the forty-six-foot sloop yacht Ilderim, one of Burgess's last boats, which he had intended to put in commission this Summer. 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. The interview was then published in the Chicago Daily News, but Vanderbilt's words were modified. Resend Activation Email. When William Henry "Billy" Vanderbilt I was born on 8 May 1821, in Somerset, New Jersey, United States, his father, Cornelius "Commodore" Vanderbilt I, was 26 and his mother, Sophia Johnson, was 26. By 1879, he was ready to sell some of his shares so that he would no longer be considered the sole owner. His younger brother, William Kissam Vanderbilt, helped manage the family business for a while but shifted control of the railroads to an outside firm in 1903. Use the links under See more to quickly search for other people with the same last name in the same cemetery, city, county, etc. Daughter of W. H. Vanderbilt Was Last Surviving Grandchild of Commodore Vanderbilt", "H. M'K. [citation needed], In 1883, reporter John Dickinson Sherman questioned him about why he ran the limited express train: "Do your limited express trains pay or do you run them for the accommodation of the public?" [6] Gertrude Vanderbilt (1875-1942), who married Harry Payne Whitney (1872-1930) [7] 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. Based on the national gross domestic product per capita ratio at the time of Vanderbilt's death, and the present time, a ratio of about 260, Vanderbilt's estate would be valued at about $52 billion dollars in today's terms. William Henry Vanderbilt. J. Gloria made a name for herself and became a theater actress. Please ensure you have given Find a Grave permission to access your location in your browser settings. Your account has been locked for 30 minutes due to too many failed sign in attempts. He gave substantial additional gifts to Vanderbilt University and to the Columbia College of Physicians and Surgeons. You can always change this later in your Account settings. English As told by descendant Arthur T. Vanderbilt II in his bookFortune's Children: The Fall of the House of Vanderbilt, not even 30 years after his death in 1877, the Vanderbilt family had fallen off the list of the wealthiest families in the United States. He built and owned Biltmore, the largest home in the United States. William Morrow, New York 1989, ISBN -688-07279-8 He was the eldest son of Commodore Cornelius Vanderbilt, an heir to his fortune and a prominent member of the Vanderbilt family. When Cornelius passed away in 1877, the entire company was turned over to William. 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. Oops, we were unable to send the email. To use this feature, use a newer browser. Gloria Vanderbilt is a noted artist, designer and author. We run them because we have to. 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. He inherited nearly $100 million from his father, railroad mogul and family patriarch "The Commodore" Cornelius Vanderbilt upon his death in 1877 and had increased it to almost $194 million at his death less than nine years later. His father and mother their five other children, and Dr. J. W. McLane were at the bedside when the young man breathed his last. After that, he spent most of his time and money on sports and cultural causes, including yacht-racing, art-collecting, and operating the Metropolitan Opera. Death came very peacefully. 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. Try again later. There are no volunteers for this cemetery. Search above to list available cemeteries. William K. Vanderbilt II - known to family and friends as Willie K. - loved the oceans and the natural world. Willie had lived there with his wife, Virginia Fair, until their separation, after which he lived primarily . Thanks for your help! The family's progenitor was a Dutch farmer named Jan Aertsen Vanderbilt who came to New Amsterdam (now New York) in 1640 when he was 13 years old in order to have a better life. Save to an Ancestry Tree, a virtual cemetery, your clipboard for pasting or Print. In that interview he was quoted saying: "Railroads are not run for the public benefit, but to pay. William Henry and Louisa Vanderbilt had eight children, consisting of: Note that Emily Thorn Vanderbilt lived to the centenarian age of 104, and Florence Vanderbilt Twombley lived to the advanced age of 98 years. William was a frail youth and did not appear to be the ambitious entrepreneur his father had been at the age of 19. [1] He was the eldest son of Commodore Cornelius Vanderbilt, an heir to his fortune and a prominent member of the Vanderbilt family. William Henry Vanderbilt, ( ) . ( ) All photos appear on this tab and here you can update the sort order of photos on memorials you manage. Young Vanderbilt was stricken with typhoid fever, which it is thought he contracted while on a Easter tour through the Western States. William Henry Vanderbilt (1821-1885) "Billy" Vanderbilt, President of the New York Central Railroad etc. 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. William was eventually given a role in his father's railroad business, where he further boosted its success. When his father passed in 1877, his eldest son William "Billy" Vanderbilt inherited the bulk of his estate, including the 87-percent stake in New York Central, according to Forbes. "The Vanderbilts, when I was a kid, seemed kind of like lay-abouts. All photos uploaded successfully, click on the Done button to see the photos in the gallery. 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. William Henry Vanderbilt III. "of acccptiug the nomination if it was ofleicd, New York, administered seventy-five lashes to a negro woman. Try again later. As a result Cornelius, the father, was disappointed that his son was seemingly worthless in helping him run the family's thriving shipping and railroad businesses. We have set your language to As manager of this memorial you can add or update the memorial using the Edit button below. Born Dec. 21, 1870 in this city, young Vanderbilt was little over twenty-one years ald at the time of his death. Oops, some error occurred while uploading your photo(s). Male 21 December 1870-23 May 1892 LC6Y-7X8. They had 2 children. cemeteries found in New Dorp, Richmond County (Staten Island), New York, USA will be saved to your photo volunteer list. After controversial court proceedings, the custody of Gloria was awarded to her aunt, Gertrude Vanderbilt Whitney. They also were prone to bouts of family competition, building huge mansions to rival each other. The Fall of the House of Vanderbilt. To view a photo in more detail or edit captions for photos you added, click the photo to open the photo viewer. Records from the Amsterdam Chamber of the West India Co. A Tour of New Netherland 39 William Henry Vanderbilt Photos and Premium High Res Pictures - Getty Images EDITORIAL All Sports News Archival Browse 39 WILLIAM HENRY VANDERBILT stock photos and images available, or start a new search to explore more stock photos and images. William Henry Vanderbilt III was born in New York City, New York in 1901, the great-great-grandson of Cornelius Vanderbilt.His father was killed in the sinking of the RMS . The cost of the ball was estimated to be over $250,000 (more than $6 million today, per theOfficial Data Foundation). William Henry Vanderbilt was the fourth child and first son of Cornelius Vanderbilt's 13 children. You can customize the cemeteries you volunteer for by selecting or deselecting below. William Henry "Billy" Vanderbilt (May 8, 1821 - December 8, 1885) was an American businessman and philanthropist. Your Scrapbook is currently empty. William H. Vanderbilt received, the first part of his education at Cutler's School, in this city. William Henry Vanderbilt III (November 24, 1901 - April 14, 1981) was was Governor of Rhode Island and a member of the prominent United States Vanderbilt family. Cornelius II built one of the largest private homes in entire New York. In contrast to the Commodore and Billy Vanderbilt, the third and fourth generations grew up ridiculously lavishly and spent their fortunes like crazy. Which memorial do you think is a duplicate of William Vanderbilt (91806842)? Found more than one record for entered Email, You need to confirm this account before you can sign in. Image Courtesy of the Frick Art Reference Library Popular Houses However, various owners and mergers couldn't save it. When Gloria died in 2019, Cooper inherited most of her estate, which, despite being publicly estimated to be worth $200 million, only had a value of about $1.5 million. His surviving brothers and sisters are Cornelius Vanderbilt, Jr., Gertrude, Alfred, Reginald, and Gladys. William lived on month day 1922, at address, Rhode Island. Although Cornelius, the father had married at age 19, he was quite upset when his son William also wanted to get married at age 19 in 1840. William Henry Vanderbilt's final ledger entry at Henry Poole & Co is dated 1925 and is ordered from the Paris branch on the Rue Tronchet with a delivery address Harbor . Florida, in 1904, breaking the one-mile record previously held by Henry Ford. You can always change this later in your Account settings. The two split on Williams decision to marry at age 19, and Cornelius sent his son off to farm on Staten Island. This account has been disabled. According to The New York Times, Gloria expanded her line to include other items of clothing and was earning $100 million annually. Biography. Vanderbilt responded with: "Accommodation of the public?