Cornelius Vanderbilt — "Money is power."
Money is power.
Money is power.
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"I have always been a man of principle."
"I have never been afraid to stand my ground."
"Never tell me to my face that you are a friend of mine, for I will not believe you. I have no friends."
"I don't like to be outsmarted."
"I guess I've built a hundred steamships and steamboats… I never paid a dollar of insurance… Good vessels and good masters – that's the best kind of insurance. Why should I pay somebody else to carry m…"
American shipping and railroad magnate whose New York Central railroad and aggressive consolidation built the largest fortune in 19th-century America. Closely associated with John D. Rockefeller (later Gilded Age titan who learned the consolidation playbook). For an intellectual contrast, see Jay Gould, railroad speculator (1836-1892) — Vanderbilt built and ran railroads; Gould watered stock and manipulated markets. Their Erie Railroad rate-war and Gould's Black Friday (1869) gold-corner schemes were the public foil to Vanderbilt's quieter operational consolidation. The cleanest 'industrialist vs speculator' Gilded Age pairing.
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