The King of Oil: The Extraordinary Life of John D. Rockefeller

John Davison Rockefeller was born on July 8, 1839, in Richford, New York. He was the son of William Avery Rockefeller, a logger and farmer, and Eliza Davison Rockefeller. Rockefeller had five siblings, two of whom died in infancy. The family was poor, and Rockefeller often had to help his father with the farm work.

In 1853, the Rockefeller family moved to Cleveland, Ohio. Rockefeller attended public school and then worked as a bookkeeper for several years. In 1859, he started his own business, a commission house that bought and sold produce. The business was successful, and Rockefeller soon became a wealthy man.

The King of Oil: The Secret Lives of Marc Rich

by Daniel Ammann

4.4 out of 5

Language	:	English
File size	:	578 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	317 pages
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In 1863, Rockefeller entered the oil business. He formed a partnership with Maurice B. Clark and Samuel Andrews, and they began refining oil in Cleveland. The business was very successful, and Rockefeller soon became one of the largest oil producers in the United States.

In 1870, Rockefeller founded Standard Oil, which would become one of the largest companies in the world. Standard Oil quickly gained a monopoly on the oil industry, and Rockefeller became known as the "King of Oil." He was a ruthless businessman, and he used his power to drive his competitors out of business.

Rockefeller's business practices were often criticized, but he was also a generous philanthropist. He donated millions of dollars to various charities, including the University of Chicago, Rockefeller University, and the Rockefeller Foundation. He also established the Rockefeller Institute for Medical Research, which has made significant contributions to the field of medicine.

Rockefeller died on May 23, 1937, at the age of 97. He was one of the wealthiest men in the world, and he left behind a vast fortune. His legacy is complex, but he is undoubtedly one of the most important figures in American history.

Rockefeller's Early Life

John D. Rockefeller was born in Richford, New York, on July 8, 1839. He was the son of William Avery Rockefeller, a logger and farmer, and Eliza Davison Rockefeller. The family was poor, and Rockefeller often had to help his father with the farm work.

In 1853, the Rockefeller family moved to Cleveland, Ohio. Rockefeller attended public school and then worked as a bookkeeper for several years. In 1859, he started his own business, a commission house that bought and sold produce. The business was successful, and Rockefeller soon became a wealthy man.

Rockefeller's Oil Business

In 1863, Rockefeller entered the oil business. He formed a partnership with Maurice B. Clark and Samuel Andrews, and they began refining oil in Cleveland. The business was very successful, and Rockefeller soon became one of the largest oil producers in the United States.

In 1870, Rockefeller founded Standard Oil, which would become one of the largest companies in the world. Standard Oil quickly gained a monopoly on the oil industry, and Rockefeller became known as the "King of Oil." He was a ruthless businessman, and he used his power to drive his competitors out of business.

Rockefeller's Philanthropy

Despite his ruthless business practices, Rockefeller was also a generous philanthropist. He donated millions of dollars to various charities, including the University of Chicago, Rockefeller University, and the Rockefeller Foundation. He also established the Rockefeller Institute for Medical Research, which has made significant contributions to the field of medicine.

Rockefeller's Legacy

Rockefeller died on May 23, 1937, at the age of 97. He was one of the wealthiest men in the world, and he left behind a vast fortune. His legacy is complex, but he is undoubtedly one of the most important figures in American history.

The King of Oil: The Secret Lives of Marc Rich

by Daniel Ammann

4.4 out of 5

Language	:	English
File size	:	578 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	317 pages
Screen Reader	:	Supported

FREE