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John Davison Rockefeller was born.
Rockefeller was born in Richford, New York and he was the 2nd of 6 children. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
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John D. Rockefeller's Life
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Attended a commercial college to study bookkeeping.
He attended high school in Cleavland, Ohio and then moved straight into a ten week study program for bookkeeping at Folsom's Commercial College. He was always known as a studious and strong student. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
At age 16, Rockefeller started in the work world for the first time.
He worked as an office clerk at a Cleavland Commision Firm. He thought this first day to enter the work world was so important that he commemorated it every year. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Starting in the beginning Rockefeller was generous with is money.
With his first job at 16, Rockefeller donated 6% of his earnings to charity and later 10% when he was 20. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Rockefeller and his partner establised their own commision firm.
His buisness partner was Maurice Clark. After this business kept going up for them. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
First oil Refinery
The oil industry was fairly new at this point and Rockefeller along with a couple of partners invested in a Cleavland Refinery. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Rockefeller married Laura Spelman
He relied on his wife and took her advice all the time. They eventually had 4 daughters and 1 son. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Bought out refinery
Rockefeller wanted control over the Cleavland refinery since it had become the largest in Cleavland. So he borrowed money to buy out some of his competitors. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Started Standard Oil Company
He formed the Standard Oil Company in Ohio with his brother and a group of other partners. Rockefeller was the President and largest shareholder though. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Monopoly of Standard Oil
Standard Oil gained the monopoly in the oil industry by buying out competitiors and combined them into the Standard Oil Trust which eventually controlled 90% of the nations refineries and pipelines. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Criticized for his buisness practices
People did not like some of the ways he went about integrating his buisness. He formed trusts and holding companys to get around laws and restrictions the government put in place for big industry. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Money Donations with his fortune
He donated half a billion dollars to various educational, scientific, and religious causes. He funded the establishment of the University of Chicago and Rockefeller Institute for Medical research. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013. -
Rockefeller's Death
John D. Rockefeller died at the age of 97 in his winter home in Florida. "John D. Rockefeller." History.com. A&E Television Networks, n.d. Web. 15 Feb. 2013.
