How Did Cornelius Vanderbilt Spend His Money?


Cornelius Vanderbilt spend a lot of his money buying stock in the Erie Railway. He also donated $1 million dollars to the now Vanderbilt University and $50,000 dollars on a church. When he died in 1877 he was wroth $100 million dollars.
Q&A Related to "How Did Cornelius Vanderbilt Spend His Money?"
Cornelius Vanderbilt mainly spent his money on philanthropic ventures.
He donated $50,000 to the Church of Strangers in New York City and 1 million to Nashville Central University which is now called Vanderbilt University.
He spent alot of his money on libraries, schools and universities in the United States and the United Kingdom. He also invested in railroads, oil derricks and bridges.
Wonderfully. He was the originator of coffee breaks and gave christmas bonuses regularly.
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