Please enable JavaScript.
Coggle requires JavaScript to display documents.
TYCOONS (Cornelius Vanderbilt (his childhood (As a boy, he worked with his…
TYCOONS
Cornelius Vanderbilt
Influence
He became a businessman in 1820s, and one of the country’s largest steamship operator
-
He was stong since he was 16 years old and had the respect from everyone, so it's the beginning of his influence
The fact he is a tycoon, built the AD
He was infamously involved in the Erie Railroad War of 1868. The Erie Railroad War came to a bizarre close when Gould and Fisk gained ultimate control of the railroad, pushing Drew to retire while paying back Vanderbilt for his watered down stocks.
Undeterred, Vanderbilt went on to other endeavors, and was the driving force behind the construction of Manhattan’s Grand Central Depot, which opened in 1871. The station eventually was torn down and replaced by present-day Grand Central Terminal, which opened in 1913.
his childhood
As a boy, he worked with his father, on operating boat that ferried cargo in America
-
-
-
his origin
-
-
He wouldn't saty in an authoritarian regime, and would be mor rich than ever so he decided to expend his business
How he succeeded
The Vanderbilt mansions associated with the Gilded Age, including the Breakers in Newport, Rhode Island and the Biltmore in Asheville, North Carolina, were built by Cornelius Vanderbilt’s descendants
Andrew Carnegie
Influence
his return of investments was like having $1,000,000 and profits coming from the sale of petroleum.
The fact he is a tycoon, built the AD
The Carnegie Corporation was incorporated with an aid of $125 million to ensure the maintenance of his interests.
He was an influential writer too. His well-known piece of writing, “Triumphant Democracy” was published in 1886 and well accepted in the U.S. In the UK it was a subject of huge criticism as it highlighted the quality of American life
his childhood
he was born on November 25, 1835
-
His father was a weaver and they moved to Allegheny City, Pennsylvania,
-
his origin
he was a Scottish-American industrialist, and philanthropist
-
-
-
His association with Thomas Scott was beneficial and the Railroad business was the top rated business in America in those days and helped Carnegie in honing his managerial skill
How they succeeded
maintained his superiority in the market by offering competitive prices, fighting competition and never floated shares rather reinvested earnings and borrowed from banks
-
John D. Rockfeller
Influence
Rockefeller's wealth soared as kerosene and gasoline grew in importance, and he became the richest person in the country, controlling 90% of all oil in the United States at his peak
Rockefeller gained enormous influence over the railroad industry which transported his oil around the country
The fact he is a tycoon, built the AD
Individual pieces of the company were worth more than the whole, as shares of these doubled and tripled in value in their early years; consequently, Rockefeller became the country's first billionaire, with a fortune worth nearly 2% of the national economy
he founded the University of Chicago and Rockefeller University and the establishment of Central Philippine University in the Philippines
his childhood
he was born on July 8, 1839
-
-
-
-