1839-1937
John D Rockefeller was a great entrepreneur in the mid to late 1800s in the United States. Rockefeller started in the business of oil in the early 1860s and opened his first refinery in 1863. Not but a decade later he started an oil company called the Standard Oil Company. By 1880 Standard Oil had control of almost all of the nations oil and refineries in one great monopoly. Under the rule of Rockefeller the company made thousands of miles of pipelines and bought oil train cars to ship his product across the country. At this point he had control over almost the entire nation's oil.
In 1882 Rockefeller organized the Standard Oil Trust, which was a business trust that would serve as a business model for other monopolies; of course, he was appointed to be the head of the organization. In 1895 at the age of 56, he finally retired from Standard Oil. After his retirement he gave over 530 million dollars to various causes including the college he made called the Rockefeller University. Because of his great company the US was able to gather an immeasurable amount of oil and money. Without his business the country would not have had a lot of jobs he made available when he opened all of his factories, refineries and oil wells.
Rockefeller had five children (one of which died in infancy). He died on May 23, 1937; however, his legacy as one of the nations leading business men, continues on today.
-Cordel Bever
Source: http://www.biography.com/people/john-d-rockefeller-20710159?page=1
http://www.biography.com/people/john-d-rockefeller-20710159?page=2
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