Who Is Rockefeller's Greatest Monopolies

After, the civil war ended the country was divided and needed some way to unite the country and help it grow, and after the train industry helped Cornelius Vanderbilt become the most powerful man in America, it inspired many to become millionaires. One of these was John D. Rockefeller, an entrepreneur that owned an oil company named Standard Oil Co. Rockefeller, a rich businessman, all he wanted was power and he didn't care who he destroyed in the process, which means he is a robber baron.

John D Rockefeller was one of the richest men in history with a net worth exceeding three hundred billion dollars. This massive wealth was because of his monopoly over the oil industry called Standard Oil. This company used the excess junk left from the good oil to make kerosene to fuel lamps, lights, cars, excreta. Rockefeller is what we call a “Robber Baron”, this means someone who is greedy and selfish for power, and wealth. In the 1900s these people were hated to the point of the government suing them for breaking Antitrust Acts and forcing Rockefeller to take down his monopoly over the oil industry.

John D. Rockefeller could be thought of as both a robber baron and a captain of industry because he did many things throughout his career that would make you believe this. In my opinion, Rockefeller was more of a captain of industry because he did a lot of philanthropic work after his retirement from the oil business. Although, he did use illegal and very unethical tactics in order to gain his wealth, and he completely ran his competitors out of business. He would do anything to gain more fortune for himself.

On July 8, 1839 a young, and yet to be wealthy boy was born by the name of John Davison Rockefeller. he was the second of six children born in Richford, New York, to William and Eliza. Young John was a well-behaved, serious and studious boy. Young sixteen year old John got his first job as an assistant bookkeeper.

$340 billion. This amount, according to Forbes’s website, is John D. Rockefeller, Sr.’s net wealth in today’s dollars. Mr. Rockefeller built his fortune through the oil industry. He founded the Standard Oil Company, which owned about 90% of American refineries and pipelines. Although John D. Rockefeller, Sr. is arguably the richest man in United States history, he was also a deeply despised man. According to PBS’s video on the Rockefellers, he kept a revolver near his bedside because of death and kidnapping threats he and his family received. These threats were mainly due to the fact that a substantial amount of Americans viewed Mr. Rockefeller as a Robber Baron, or someone who is evil, greedy, corrupt, and exploits workers to become extremely wealthy. The term “Robber Baron” coincides with a greedy, poor, and progressive time in American history that took place after the Civil War and the Reconstruction. It was the Gilded Age (Chernow 226-227, Deane, and O’Donnell).

Rockefeller and Carnegie had similar backgrounds. Carnegie was a Scottish immigrant. Being an immigrant, he started off with little money. Rockefeller, while he was born and raised in the United States, came from a poor family, as his father was an often struggling peddler, and his mother stayed at home to raise the six children of the family. Both of them began working while they were struggling to make ends meet, but ended as two of the richest men in America.

His parents divorce. His mother moves him and his brother Benjamin to Princeton, New Jersey.

John Davison Rockefeller was one of the captains of industry during the gilded age, and is most known for his numerous philanthropies in his later years; however, most people are unaware of his exploitation of America’s free capitalistic enterprise to amass a fortune, the likes of which this country had never seen before. Rockefeller’s company, Standard Oil, helped America explode as an industrial superpower on the world stage and, in the process, allowed Rockefeller to amass a billion dollar fortune for him and his family (Derbyshire 119). His career, from beginning to end, was surrounded by heated controversy and criticism (Nevins 3); however, by the time he died in 1927, the criticism and hatred faded away and the Rockefeller name was

His childhood spent in the surroundings of moving home time and time again in his hometown Ohio, because his mother who called Gloria was too young to take care of him. In order to cultivate his basketball telent, he lived with his enlightenment teacher Frank Walker in case

John Rockefeller was born in Richford, New York on July 8, 1839. At the age of just 14 he moved with his family to Cleveland, Ohio. At the age of 16 he got a job as an assistant bookkeeper with Hewitt & Tuttle, commission merchants and produce shippers. By the age of 20, Rockefeller went out on his own with a friend of his, working as a merchant in hay, meats, grains and other goods. At the close of the company's first year in business, it had grossed $450,000.

John D. Rockefeller was arguably one of the richest people in modern history and the richest man in american in history with a net worth of 336 billion dollars. At one time, his company, standard oil, controlled 90% of U.S refineries, and pipelines. Although many rich men and women let their wealth come before faith, this was not the case for rockefeller. All through his life Rockefeller was a man of faith, and enjoyed serving God.

John D. Rockefeller is a man that comes from humble beginnings. He was born July, 8 1839 in Richford, New York to a low income family, but eventually rose to become the first American billionaire. As a child, he was an extremely hard worker, and was always trying to do what he can to help bring money home, whether it be doing odd jobs for his neighbors or raising turkeys. When he was 16 and old enough to get an actual job, he became a clerk for a coal and grain company in Cleveland, Ohio. This was such a monumental moments in his life, that he celebrated the anniversary of his hiring every year thereafter. Though it was a steady job that brought home a nice sized paycheck, Rockefeller knew that he could do better, so on January 1, 1859 he and Maurice Clark found a commissions firm that would be the cornerstone of Rockefeller’s business endeavors from there on out.

John Rockefeller 's business development starts out as a young boy; he would sell products that were easy to move as well as do jobs that people did not want to do themselves. Rockefeller was developing essential skills in market prediction, sales, and business management that paid dividends later on in life. In 1855 Rockefeller found himself working at the Cleveland commissioning firm selling a plethora of different commodities (Wells, 2016). At this point, Rockefeller has many investment opportunities pass over his desk daily. During this time, only oil industry gave the feeling of a profitable business. Subsequently, Rockefeller and several other investors join to purchase a

The world’s first billionaire John D Rockefeller was born July 8, 1839 in Richford New York. He began his career when he built his first oil refinery near Cleveland Ohio and 1870 incorporated the standard oil company. By the year 1822 he had monopolized the oil industry.

“I always knew I was going to be rich. I don't think I ever doubted it for a minute.” - Warren Buffett. This man is different, unique, and intelligent. Today, he is one of the richest and most respected man in the world. He, just like any other human, had one dream and it was to become rich and own the football club Redskins. His passion and determination of becoming rich was very powerful, as he carried it with him from the age of 6 to the moment he became successful and famous. His dream was turning into reality during his early years, when he came up with his unique philosophy, and when he reached success and fame.