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John D Rockefeller
- John Davidson Rockefeller
- Born July 8, 1839 in New York
- Died May 23 1937 in New York
- Industrialist and Philanthropist
- Son of a snake-oil salesman
- Moved around a lot growing up
- Eventually opened an oil refinery in cleveland, Ohio
- Very Religious, Devout Baptist
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Standard Oil
- 1870, incorporated by John and associates like Henry M. Flagler
- Bought out competitors
- 1872, controlled all refineries in Cleveland
- First American "trust". a committee with a board of 9 trustees with rockefeller as its head
- 1882, near monopoly on all oil in America, owning around 90% of all refined oil -1890, Sherman Antitrust act -1892, Ohio supreme court declared standard oil a monopoly
- forced the company into pieces: ExxonMobil, Marathon, Chevron, bp
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Philanthropy
- 1897, devoted himself to philanthropy
- made the founding of the university of Chicago possible
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Political Cartoon
- " The Trust Giant's Point of View"
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Net Worth
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Worker Treatment
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Quote
“ i believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living” - -
Impact on Society/ Industry