-
Birth
John D. Rockefeller was born in Richford, New York -
Period: to
John D. Rockefeller
Richford, NY and Ormond Beach, FL -
Rockefeller's Family
HIs family moved to Cleveland, Ohio. John attended high school here and studied bookkeeping at a commercial college. -
Age 16
He found work as an office clerk at a Cleveland commision firm -
Age 19
He started his own buisness called Clark and Rockefeller -
Partnership
Rockefeller and a partner established their own commission firm. -
Entering the oil company
Rockefeller and several partners entered the new oil industry by investing in a Cleveland refinery -
Marriage
Rockefeller married Laura Celestia Spelman -
Borrowing money
Rockefeller borrowed money to buy out some of his partners and take control of the refinery which became the largest in Cleveland. -
Standard Oil
Rockefeller founded the Standard Oil Company -
Refineries and pipelines
The early 1880s controlled some 90 percent of U.S. refineries and pipelines. -
Companies
Rockefeller bought out other oil refineries and were combined into the Standard Oil Trust -
Sherman Antitrust Act
The U.S. Congress passed the Sherman Antitrust Act that prohibited trusts and combinations that restrained trade. -
Retired
Rockefeller retired from the oil business of Standard Oil -
US Supreme Courts
The Supreme Courts found Standard Oil violated anti-trust laws and ordered it to dissolve -
Death
John D. Rockefeller died at age 97 in Ormond Beach, Florida.
