Cornelius Vanderbilt was an American business magnate and philanthropist who built his fortune in shipping and railroads during the 19th century. His wealth grew to a point where he owned one in every nine dollars in the United States!

Today’s nugget, published by the Investment Masters Class, distills key lessons from his business success. It is based on the Pulitzer Prize-winning biography, The First Tycoon: The Epic Life of Cornelius Vanderbilt, by T. J. Stiles. Read on to learn more!