Who was known for creating a fortune through the railroad business?

Cornelius Vanderbilt earned his wealth primarily through the railroad industry, making significant contributions to the expansion of America's transportation infrastructure in the 19th century. Initially establishing himself in the steamboat business, Vanderbilt later recognized the potential of railroads and invested heavily in that sector. Through aggressive competition and strategic acquisitions, he consolidated several key railroad lines, notably the New York Central, effectively creating a transportation network that facilitated commerce and movement across the Eastern United States. His efforts not only made him one of the richest individuals of his time but also set the stage for the growth of the modern American economy by enhancing trade and travel.

Other figures like Andrew Carnegie and John D. Rockefeller were also monumental in their respective industries—steel and oil—but did not primarily focus on railroads. Henry Ford revolutionized the automobile industry but was not involved in railroads. Thus, Vanderbilt is recognized specifically for his railroad ventures and the wealth derived from them.