The High Society Vanderbilt Family Ran Out of Money, Making Them Totally Broke

He Started a Fleet

The New York Times Photo Archives

As the Commodore’s fortune started to grow, he not only repaid his parents for the $100 they let him borrow, but also shared his money with them. And a year later, he had accrued enough money to buy other ships to journey back and forth between Manhattan and Staten Island.

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