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Study with Quizlet and memorize flashcards containing terms like John D. Rockefeller (1839-1937) • 2018 estimated net worth: • Source of wealth: Standard Oil • Birthplace: Richford, New York John D. Rockefeller is one of the most successful businessmen of all time.
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Nov 27, 2023 · Cornelius Vanderbilt. American business magnate and philanthropist. Built his wealth in the railroad and shipping industries. One of the richest Americans in history. Progressive Era Figures. Upton Sinclair. American writer and social reformer. Author of 'The Jungle', a novel exposing the harsh conditions in the meatpacking industry.
Business magnate and philanthropist John D. Rockefeller is often considered the wealthiest American in history. Comparing wealth of individuals across large spans of time is difficult, as the value of money and assets is heavily dependent on the time period.
YearName2020201520102005- The Early Life of John D. Rockefeller
- John D. Rockefeller: The Business Magnate
- John D. Rockefeller: The Philanthropist
- In Summary
John D. Rockefeller was born in Richford, New York, on July 8, 1839. He was born to Eliza Davison Rockefeller and William Avery Rockefeller, who each took on very different roles in young John's life. Rockefeller's father was a pitch-man who persuaded clients that he had elixirs that would cure ailments, earning money through cons and schemes. He w...
On March 1, 1859, while he was only 19, Rockefeller developed his own business along with a neighbor, Maurice Clark. They named the company Clark & Rockefeller, commissioning merchants for grain, hay, meats, and other goods, which were much needed during the Civil War. They each earned a profit of $4,400 in 1861 and $17,000 in 1862. Rockefeller tra...
After retirement, Rockefeller turned his attention to philanthropy. While his son, John D. Rockefeller Jr and Frederick T. Gates had full-time management of the fortune, Rockefeller continuously made donations for the betterment of society. He donated $75,000,000 to the University of Chicagoby 1932. He also set up the Rockefeller Institute for Medi...
John D. Rockefeller pursued business endeavors from a young age, consistently moving towards bigger and higher-paying jobs and learning different business strategies along the way. By only 31, he founded the Standard Oil Company, which became his largest source of income. With plenty of influence and the title of the richest American in the country...
- Sheridan Grant
John D. Rockefeller, whose name remains synonymous with money, was the wealthiest American in history, and one of the richest men of all time. Adjusted for inflation, his fortune at the time of his death in 1937 was about $409 billion, roughly 2% of the total economy of the United States.
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Aug 2, 2024 · Rockefeller is widely considered the wealthiest American in history, the country’s first billionaire. His fortune primarily came from his firm, Standard Oil Company, which grew to dominate the oil industry and become the first great American business trust.
