John D. Rockefeller Head of Standard Oil Company

John D. Rockefeller was born July 8, 1839 in Richford, New York.
At age 14, he moved to Cleveland Ohio where he attended Cleveland Central High School.
Rockefeller bought and sold candies for a profit at a young age. He got his first job at age 16 and worked as an assistant bookkeeper for Hewitt & Tuttle.
1850: Rockefeller went into business with Maurice Clark. The business sold households, implements, fertilizers etc. It was fairly successful, but Rockefeller sold the company in 1862.
1862: Rockefeller invested into a new business with Samuel Adams; Standard Oil Company. He later bought out Adams for $1 Million and grew Standard Oil which became a monopoly in 1890.
In 1896, Rockefeller was worth just about $200 million.
1911: The Supreme Court dissolved Standard Oil because of the Sherman Anti-Trust Act. This demoted Rockefeller quickly to one of America's most hated men.
In his later years, Rockefeller set up the Rockefeller foundation and gave over $500 million to aid medical research, schools, and baptist churches.

Rockefeller Died May 23, 1937 in Ormond Beach Florida.

He is now a national figure who inspires others by the success he had as an entrepreneur in oil industry. He was a business magnate and philanthropist, who is considered to be the wealthiest American of all time by virtually every source, and considered one of the richest men in modern history.

Created By
Kaelyn Ohman

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