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John D Rockefeller Captain Of Industry Essay

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John D. Rockefeller, a captain of industry, was born the second child of six to William and Eliza Rockefeller. His father was a traveling salesman, and was often absent from home. Eliza, his mother, essentially raised all six of her children on her own. Never knowing that her husband had another woman in New York. In 1855, Rockefeller dropped out of high school to enter Folsom Mercantile College. After completing the business course in three months, 16-year-old Rockefeller secured a bookkeeping position with Hewitt & Tuttle, a commission merchant and produce shipper. John D. Rockefeller went on to be one of the wealthiest people of America, but what made him a true captain of industry?

John D. Rockefeller was the head of the Standard Oil Company and one of the world's richest men. He built his first oil refinery near Cleveland and in 1870 incorporated the Standard Oil Company. By 1882 he had a near-monopoly of the oil business in the U.S., but his business practices led to the passing of antitrust laws. Late in life, Rockefeller devoted himself to philanthropy. John. D. Rockefeller earned a living through hard work and not the abuse of others. …show more content…

He used his fortune to fund ongoing philanthropic causes. John D. Rockefeller earned millions of dollars at a time when most American workers lived on wages of $8-$10 per week.Although John D. Rockefeller amassed a large sum of money during his career as an oil tycoon, most of his profits went to funding philanthropic organizations, promoting the arts and sustaining centers for education and medicine. Instead of keeping his wealth to himself, Rockefeller gave others in the American society a piece of good fortune by investing in activities and programs designed to benefit others. John Rockefeller cared about the people around him, and donating gave him the opportunity to give

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