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William Henry Vanderbilt II (1870-1892) "Bill" William H. Vanderbilt II, died at Yale, unmarried zoom_in1 images Father Cornelius Vanderbilt II (1843-1899) Mother Alice (Gwynne) Vanderbilt (1845-1934) Share Contributed by Mark Meredith on 03/10/2018 and last updated on 18/05/2020. While cleaning his mother's apartment, he came across letters and other items that revealed stories about the Vanderbilts. A family tale of epic proportions | New York Social Diary William was a frail youth and did not appear to be the ambitious entrepreneur his father had been at the age of 19. Learn more about merges. During the past few months the young man had been elected to membership in the Knickerbocker, New York Yacht, Seawanhaka Corinthian, Racket and Tennis, Country, Westchester Polo, and Riding Clubs. In his will William was more equitable in dividing his fortune than his father had been. Billy took the advice to heart and doubled the family fortune before his death in 1885, but his own descendants would dwindle it all away in just a few decades. Try again later. Are you sure that you want to delete this memorial? Alfred Gwynne Vanderbilt and his Newport Legacy While Gloria had a publicly successful career, she made it clear to her son, news anchor Anderson Cooper, that "there's no trust fund," as reported by the Los Angeles Times. In 1934, his cousin on his mother's side . The Vanderbilts also spent quite a bit of money on philanthropy and exploring their personal interests, especially the Vanderbilts of later generations. There is 1 volunteer for this cemetery. I knew they had all these houses and they were museums now. Dutch people, places, miscellany, For over three decades, NNI has helped cast light on America's Dutch roots. Once the mansion was finished, she spared no expense throwing an extravagant ball that would successfully land Willie and Alva on the List of 400 in March 1883. Try again later. As told by Town & Country, Reginald Claypoole Vanderbilt was the great-grandson of the Commodore and the younger brother of Cornelius Vanderbilt III and Alfred Vanderbilt. After William Henry, Cornelius Vanderbilt II was the head of the Vanderbilt family. A system error has occurred. William Henry Vanderbilt III (November 24, 1901 April 14, 1981) was Governor of Rhode Island and a member of the wealthy and socially prominent Vanderbilt family. Margaret Louisa Vanderbilt-Shepherd [1845-1924], Florence Adele Vanderbilt-Twombley [1854-1952]. As told by Arthur T. Vanderbilt II, the father and son duo couldn't have been more different. It had been a gift to Willie, given by his wealthy father, William K. Vanderbilt, grandson of the famous Commodore Vanderbilt. [citation needed]. By being able to monopolize entire industries, they became unimaginably rich, with no restrictions or taxes affecting their fortunes. 39 William Henry Vanderbilt Photos and Premium High Res Pictures - Getty Images EDITORIAL All Sports News Archival Browse 39 WILLIAM HENRY VANDERBILT stock photos and images available, or start a new search to explore more stock photos and images. With so many newly rich families popping up after the Civil War and Industrial Revolution, the upper class had to quickly take stock of who could be accepted into their elite society. Born Dec. 21, 1870 in this city, young Vanderbilt was little over twenty-one years ald at the time of his death. While Billy wasn't as ambitious as his father, he was obsessed with preserving his wealth and would nitpick over expenses. Having gambled away most of his inheritance, Reginald was broke and in debt, leaving behind a widow and baby daughter who would have to live off of the interest payments of the young girl's $5 million trust fund until she was 21. Death came very peacefully. [1] He was the eldest son of Commodore Cornelius Vanderbilt, an heir to his fortune and a prominent member of the Vanderbilt family. Use Next and Previous buttons to navigate, or jump to a slide with the slide dots. William H. Vanderbilt, eldest son of Cornelius Vanderbilt, died at 10:15 o'clock last night at the home of his father, Fifty seventh Street and Fifth Avenue. Use Next and Previous buttons to navigate, or jump to a slide with the slide dots. Please enable JavaScript in your browser's settings to use this part of Geni. McLane and Draper were almost beginning to hope, but it was soon evident that it was only a flicker of the candle, and all hope died with the last hemorrhage. The Vanderbilt organization bought the then bankrupt Long Island Railroad and William was put in charge to reorganize it. Racing Dies In Home At 89. About - William Henry He was the eldest son of Commodore Cornelius Vanderbilt, an heir to his fortune and a prominent member of the Vanderbilt family. Becoming a Find a Grave member is fast, easy and FREE. When his father passed in 1877, his eldest son William "Billy" Vanderbilt inherited the bulk of his estate, including the 87-percent stake in New York Central, according to Forbes. Are you sure that you want to delete this memorial? His oldest brother had died young, and his second eldest, CorneliusVanderbilt III, had been disinherited after getting married without his parents' approval. If you notice a problem with the translation, please send a message to [emailprotected] and include a link to the page and details about the problem. As written by Arthur T. Vanderbilt II inFortune's Children: The Fall of the House of Vanderbilt, despite the Commodore's great success as a businessman and investor, the man was notoriously harsh and rarely trusted his family with his business and money. William Henry Vanderbilt's wealth was divided among all his children, but the two eldest sons, Cornelius II and William Kissam Vanderbilt got the bulk of the fortune. Fortune's Children: The Fall of the House of Vanderbilt By Arthur T. Vanderbilt II Vanderbilt: The Rise and Fall of an American Dynasty By Anderson Cooper & Katherine Howe . William Henry Vanderbilt II - Wikidata When Cornelius passed away in 1877, the entire company was turned over to William. Resend Activation Email, Please check the I'm not a robot checkbox, If you want to be a Photo Volunteer you must enter a ZIP Code or select your location on the map. To view a photo in more detail or edit captions for photos you added, click the photo to open the photo viewer. The public be damned! "of acccptiug the nomination if it was ofleicd, New York, administered seventy-five lashes to a negro woman. BILT III, Reginald Claypoole VANDERBILT, Alfred Gwynne VANDERBILT I, Gladys Moore VANDERBILT, COUNTESS SZCGENYI, Alice Gwynne VANDERBILT Dec 21 1870 - Manhattan, New York County (Manhattan), New York, United States Of America, May 23 1892 - Manhattan, New York County (Manhattan), New York, United States Of America, Cornelius Ii. Instead, he continued and even married a 17-year-old socialite named Gloria Morgan. William Henry Vanderbilt II. He inherited $100 million from his father and continued to grow the family railroad empire. Being the son of Cornelius Vanderbelt did little to secure William a job in the family empire. As described by The Lusitania Resource, most of the inheritance went to his younger brother Alfred, with his other siblings receiving $7 million each. The Vanderbilt railroad business then consisted of ten railroads, a sleeping car company and the Hudson River Bridge. There is a problem with your email/password. Vanderbilt Row, New York City - Lost New England You may not upload any more photos to this memorial, This photo was not uploaded because this memorial already has 20 photos, This photo was not uploaded because you have already uploaded 5 photos to this memorial, This photo was not uploaded because this memorial already has 30 photos, This photo was not uploaded because you have already uploaded 15 photos to this memorial. He was a member of the Psi Upsilon Fraternity and one of the most popular men in his class. He roomed in Durfee Hall, Moses Taylor being his roommate. The press dubbed it Vanderbilt Row. Young Vanderbilt was the owner of the forty-six-foot sloop yacht Ilderim, one of Burgess's last boats, which he had intended to put in commission this Summer. His father and mother their five other children, and Dr. J. W. McLane were at the bedside when the young man breathed his last. William Henry Vanderbilt Wiki & Bio - everipedia.org Vanderbilt II, Arthur T: Fortune's Children. Here's how the Vanderbilt family lost their entire fortune. Vanderbilt family - Infogalactic: the planetary knowledge core The cost of the ball was estimated to be over $250,000 (more than $6 million today, per theOfficial Data Foundation). [citation needed], He died on December 8, 1885, in Manhattan, New York City. Three years later, William Amherst Vanderbilt Cecil was born in Biltmore House. Thanks for using Find a Grave, if you have any feedback we would love to hear from you. Found more than one record for entered Email, You need to confirm this account before you can sign in. William Henry Vanderbilt was the fourth child and first son of Cornelius Vanderbilt's 13 children. One hundred and twenty-eight lives were lost. Please reset your password. Continuing with this request will add an alert to the cemetery page and any new volunteers will have the opportunity to fulfill your request. Corrections? William Henry is a Nashville-based author, investigative mythologist, art historian, and TV presenter. He was brought to his father's house May 6, as his sickness was recognized as serious from the beginning. This is a carousel with slides. Peaking in the 1920s, the transport and freight industry began to slump in the 1930s. Permission to reproduce images (if available) must be obtained from the portrait owner. During the past few months the young man had been elected to membership in the Knickerbocker, New York Yacht, Seawanhaka Corinthian, Racket and Tennis, Country, Westchester Polo, and Riding Clubs. But it had no reality in my life." He had been rather frail during his life as opposed to his more burly father. Records from the Amsterdam Chamber of the West India Co. A Tour of New Netherland To make matters worse, when the Great Depression hit, the Vanderbilts had to find different ways to maintain their lifestyles and huge estates. There is 1 volunteer for this cemetery. This relationship is not possible based on lifespan dates. This browser does not support getting your location. The younger, Cornelius "Corneel" Vanderbilt II, was wildly irresponsible and had built up so much debt that the Commodore refused to see him even on his deathbed. A collector's 16th-, 17th- & 18th-century maps of northeast America. The house alone sits on more than 4 acres of floor area and is surrounded by lush gardens. based on information from your browser. A major turning point in their relationship occurred on the family trip to Europe on the steamship Vanderbilt in 1860, after which, the two became very close and Billy was given a greater role in business matters. The interview was then published in the Chicago Daily News, but Vanderbilt's words were modified. The Vanderbilt Family Tree Explained - Grunge.com He was a member of the Psi Upsilon Fraternity and one of the most popular men in his class. His father and mother their five other children, and Dr. J. W. McLane were at the bedside when the young man breathed his last. I thought you might like to see a memorial for William Henry Vanderbilt II I found on Findagrave.com. He wis the eldest son o Commodore Cornelius Vanderbilt, an heir tae his fortuin an a prominent member o the Vanderbilt faimily. How many rooms do you expect to be in this house? Use Escape keyboard button or the Close button to close the carousel. or don't show this againI am good at figuring things out. It was only upon his death that Cornelius gave his son William the ultimate compliment for being a proven manager by turning over the entire Vanderbilt organization to William so that he could manage it as he saw fit. William Henry Vanderbilt III. Please complete the captcha to let us know you are a real person. Although Cornelius had never been much of a philanthropist, except for his one million dollar gift to Central University in Nashville, Tennessee, which then became the now prestigious Vanderbilt University, William became quite active as a philanthropist in his later years. Please check your email and click on the link to activate your account. It is perhaps with smart budgeting and a strong business acumen that Billy was able to double his inheritance to nearly $200 million, making him the richest man in the world by 1883. This page was last edited on 28 November 2022, at 04:11. Previously sponsored memorials or famous memorials will not have this option. William Henry Vanderbilt III (November 24, 1901 - April 14, 1981) was was Governor of Rhode Island and a member of the prominent United States Vanderbilt family. Try again later. American railroad magnate and philanthropist William Henry Vanderbilt was at first deemed unfit for the business world by his father, Cornelius Vanderbilt. Although this did not fully cover the $150,000 debt, Vanderbilt accepted the memorabilia as payment and wiped out the $150,000 debt owed by Grant. Ward was later prosecuted. Manhattan, New York County (Manhattan), New York, USA.