Death
In 1883, he resigned all his company presidencies and had his sons appointed as important chairmen but left the day-to-day running of the businesses to experienced men appointed president.
He died on December 8, 1885 in New York City. He was interred in the Vanderbilt family mausoleum at the Moravian Cemetery in New Dorp on Staten Island, New York. His estate was divided amongst his eight children and his wife, the bulk of the estate going to his eldest two sons, William Kissam Vanderbilt and Cornelius Vanderbilt II.
Read more about this topic: William Henry Vanderbilt
Famous quotes containing the word death:
“Ive been cursed for delving into the mysteries of life. Perhaps death is sacred, and Ive profaned it. Oh, what a wonderful vision it was. I dreamed of being the first to give to the world the secret that God is so jealous of, the formula for life. Think of the power, to create a man. And I did, I did it, I created a man. And who knows, in time I could have trained him to do my will. I could have bred a race, I might even have found the secret of eternal life.”
—William Hurlbut (1883?)