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John D. Rockefeller's painting by John Singer Sargent in 1917. Rockefeller had a long and controversial career in the oil industry followed by a long career in philanthropy. His image is an amalgam of all of these experiences and the many ways he was viewed by his contemporaries. These contemporaries include his former competitors, many of whom ...
John D. Rockefeller c. 1872, shortly after founding Standard Oil. Standard Oil's prehistory began in 1863, as an Ohio partnership formed by industrialist John D. Rockefeller, his brother William Rockefeller, Henry Flagler, chemist Samuel Andrews, silent partner Stephen V. Harkness, and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife.
The Rockefeller family (/ ˈ r ɒ k ə f ɛ l ər / ROCK-ə-fell-ər) is an American industrial, political, and banking family that owns one of the world's largest fortunes. The fortune was made in the American petroleum industry during the late 19th and early 20th centuries by brothers John D. Rockefeller and William A. Rockefeller Jr., primarily through Standard Oil (the predecessor of ...
Around the turn of the twentieth century, Big Oil was John D. Rockefeller's Standard Oil Trust. By 1904, the monopoly controlled 91% of the U.S. oil market and 85% of final sales.
Under the leadership of founder John D. Rockefeller, Standard Oil began acquiring other refineries in Cleveland, which was a center of the U.S. refining industry. By early 1872, it owned nearly every refinery in the city and controlled roughly 25 percent of the American oil refining market. [ 3 ]
John D. Rockefeller is considered to be the wealthiest American of all time, earning his immense fortune after gaining control of 90 percent of American oil production in the late 1800s. The oil ...
Rockefeller used the company as a tool to force Cleveland refiners to further consolidate. Between mid-February and mid-March 1872, John D. Rockefeller and Henry Flagler bought twenty-three companies, eighteen of which were oil refineries, and all but one of them were located in Cleveland. Historians would come to call this the "Cleveland ...
John D. Rockefeller's leadership style helped him build an empire that propelled him to fame and fortune, writes award-winning historian Ron Chernow. 10 key management principles from John D ...