How did Leland Stanford make his money?

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05-10-2014
Social Studies

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How did Leland Stanford make his money?

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Gibbsidn Gibbsidn · Answer 1 · 2014-10-05T15:43:45-04:00

Leland Stanford was an industrialist, business tycoon, politician, and the founder of Stanford University. During the California Gold Rush Stanford moved to California and started a whole sale business which grew as the economy boomed. Stanford helped to found a major railroad company the Central Pacific Railroad and went on to make large amounts of money, enough so for many to consider him a "Robber Baron" a name given to wealth and powerful 19th century American businessmen.

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