Cornelius Vanderbilt, American businessman and philanthropist (d. 1877)
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."
1794May, 27
Cornelius Vanderbilt
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Events on 1794
- 27Mar
Original six frigates of the United States Navy
The United States Government establishes a permanent navy and authorizes the building of six frigates. - 8May
French Revolution
Branded a traitor during the Reign of Terror by revolutionists, French chemist Antoine Lavoisier, who was also a tax collector with the Ferme générale, is tried, convicted and guillotined in one day in Paris. - 26Jun
Battle of Fleurus (1794)
French Revolutionary Wars: Battle of Fleurus marked the first successful military use of aircraft. - 28Jul
Maximilien Robespierre
French Revolution: Maximilien Robespierre and Louis Antoine de Saint-Just are executed by guillotine in Paris, France. - 7Aug
Whiskey Rebellion
U.S. President George Washington invokes the Militia Acts of 1792 to suppress the Whiskey Rebellion in western Pennsylvania.