Cornelius Vanderbilt, American businessman and philanthropist (b. 1794)
Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed "the Commodore", was an American business magnate who built his wealth in railroads and shipping. After working with his father's business, Vanderbilt worked his way into leadership positions in the inland water trade and invested in the rapidly growing railroad industry, effectively transforming the geography of the United States.
As one of the richest Americans in history and wealthiest figures overall, Vanderbilt was the patriarch of the wealthy and influential Vanderbilt family. He provided the initial gift to found Vanderbilt University in Nashville, Tennessee. According to historian H. Roger Grant: "Contemporaries, too, often hated or feared Vanderbilt or at least considered him an unmannered brute. While Vanderbilt could be a rascal, combative and cunning, he was much more a builder than a wrecker [...] being honorable, shrewd, and hard-working."
1877Jan, 4
Cornelius Vanderbilt
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Events on 1877
- 20Feb
Swan Lake
Tchaikovsky's ballet Swan Lake receives its premiere at the Bolshoi Theatre in Moscow. - 10May
Mihail Kogălniceanu
Romania declares itself independent from the Ottoman Empire following the Senate adoption of Mihail Kogălniceanu's Declaration of Independence. - 5Oct
Nez Perce people
Chief Joseph surrenders his Nez Perce band to General Nelson A. Miles. - 21Nov
Phonograph
Thomas Edison announces his invention of the phonograph, a machine that can record and play sound. - 29Nov
Phonograph
Thomas Edison demonstrates his phonograph for the first time.