Rockefeller lived during the Gilded Age and became one of the most prominent and successful men of this time period. Because of his values and prosperity in his oil business, Rockefeller aspired to help other people through his philanthropic ways and achieved this by making many charitable donations thus benefiting society and becoming one of the biggest philanthropists of the time. Some of the major contributions that he made were to the Rockefeller Institute for Medical Research, the Rockefeller Foundation, University of Chicago and the General Education Board. .
John Rockefeller was born to a large family on July 8th, 1839 in Richford, New York. His family was very strict and was of the devout Baptist faith. His father would take long trips away from the family for his business, therefore John became very close to his mother. He adapted her values such as moral discipline, hard work, religion and thrift and these values would remain with him through his whole life (Rose 694). In 1853, the family moved to Cleveland, Ohio and after high school, John landed his first job in a produce commission house. A couple years later, he quit that job and started his own business with a man named Maurice B. Clark and the company was called Clark and Rockefeller. In the first year they were very successful and made about $450,000. John didn't let this success get to his head and his beliefs and religion helped keep him grounded. "He used aphorisms to remind himself to follow the road of proper conduct." In 1865, the company had become the largest oil refinery in Cleveland and then Rockefeller bought out Clark's part of the company for $72,000 and it eventually become called Standard Oil Company. Most of the profits that he made would be used to help him start being a philanthropist and enrich society. .
By the end of the first year of Standard Oil in 1870, it had a capital of $1 million and by 1879 it controlled 90% of oil in the United States.
Standard Oil and 19th Century Business John Davidson Rockefeller (1839-1937) was the founding father of one of the strongest corporations in the history of the business world. ... This drastic demand for oil products helped John D. ... John Davidson Rockefeller died on May 23, 1937 and left behind blueprints of business techniques for the generations to come. ... "John D. Rockefeller; 1839-1937". ...
Rockefeller "Rockefeller, John Davison (1839-1937), was an American businessman,... who made a fortune in the petroleum industry, and became famous for his philanthropy (charity)." ... The Standard Oil Company was first known as the Standard Oil Company of Ohio in 1862 when John D Rockefeller first went into the oil business, but the name was changed to the Standard oil company in 1870 when Rockefeller and some business partners bought most of the oil refineries in Cleveland, New York and other cities. ... "(835) This made Rockefeller a wealth man, In addition to being the head of one of ...
Was John D. Rockefeller of Standard Oil a Robber-Barron or was he a Captain of Industry. There have been split arguements over this matter; some people called Rockefeller a Captain of industry, because he earned his fortune through ingenuity and hard work. On the other hand, some believed that he ...
John D. Rockefeller was born on July 8, 1839 in New York. ... Rockefeller lived in a modest environment and attended Central High School in Cleveland. ... Rockefeller bought the refinery for $72, 500 and with Andrews, created Rockefeller & Andrews. ... Rockefeller helped many organizations and donated mass amounts of money for charitable purposes. ...
Three of the biggest business leaders in the late nineteenth century were Andrew Carnegie "the steel king", John D. Rockefeller "the oil baron" and J. ... At a time when oil industry was one of the most striking developments of the years, John D. ... Rockefeller rarely showed any mercy, and just sought power. ... Rockefeller was aggressive and constantly went after money. ...
In reference to an image created by John Gast called "American Progress " created in 1872 depicts Native Americans fleeing the land due to the progression of industrialization which changed their lifestyles (John Gast, American Progress, 1872, Library of Congress). ... People like John D Rockefeller who used unfair methods to gain an upper hand in business became wealthier leaving some middle class or even poor. ... Rockefeller has systematically played with loaded dice, and it is doubtful if there has ever been a time since 1872 when he has run a race with a competitor and started fair"" (Ta...
