John D. Rockefeller: Richest Person In History
Chapter 8 Research Report on John D. Rockefeller
John D. Rockefeller was the richest person in history, even beating Bill Gates. He was a giver, and donated over five hundred million dollars throughout his lifetime. However, not only was he a rich and successful man, but he also made a big impact on the US during his time. During the 1800s, John D. Rockefeller developed the US through three different ways. These three ways were his Standard Oil Company, his business techniques, and his career in philanthropy.
The first way that Rockefeller developed the US in the 1800s was through his Standard Oil Company. In 1865, Rockefeller obtained a loan, allowing him to take over the biggest refinery in Cleveland. Over time, his business was expanding,
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He was a philanthropist, which is person who seeks to promote the welfare of others, especially by the generous donation of money to good causes. As a businessman with strong religious convictions, he dedicated a lot to charity. In the beginning of his philanthropy career, he supported a few causes that were close to him. Rockefeller was the single-most generous donor to the northern Baptist conventions, and took interest in missionaries and relief workers at home and abroad, and in higher education for African Americans. Throughout his lifetime, he helped launch the field of biomedical research, funding scientific investigations that resulted in vaccines for things like meningitis and yellow fever. In the United states, he revolutionized medical training, and built the first medical school in China. Rockefeller created schools of public health at Johns Hopkins and Harvard, and helped lead major international public health efforts against hookworm, malaria, yellow fever, and other maladies. He promoted education throughout the nation, and did not discriminate because of sex, race, or religion. Rockefeller created the University of Chicago, which in a decade became one of the world’s leading universities. Before his death in 1937, Rockefeller donated nearly half of his fortune to churches, medical foundations, universities, and centers for the arts. He was a major role model to many
How Did Robber Barons Influence The Industrial Industry
833 Words | 4 PagesThe foundation used his money to build schools and help charities. John died on May 23rd but his legacy lives
Robber Baron Negatives
1617 Words | 7 PagesJohn D. Rockefeller was an American businessman and philanthropist. He was born on a farm in New York-but moved to Cleveland, Ohio during the late 1850s where he became a successful businessman. As the years went by” he began to notice the oil industry” and he became interested. He lived in Cleveland which became a regional hub
Compare And Contrast Carnegie And Rockefeller Captain Of Industry
1630 Words | 7 PagesHe was oftentimes considered the “Man of the house” when his father would go out with no return date. His mother heavily relied on him and that gave John D. Rockefeller a strong sense of duty and responsibility. The family later moved in 1849, near Owego, New York. John attended Owego Academy where he learned to write essays and give speeches. The family once again moved to Ohio but this time John’s father “Big Bill” started gaining popularity as a cancer specialist who could cure cancer with his bottle cures he sold for as much as 25 dollars per bottle.
How Did John D Rockefeller Affect America
606 Words | 3 PagesHow Did John D. Rockefeller Affect America? What do you think it would take to make our imprint on America? To end up in the history books, being studied by the the generations after, and then the generations after and so on. Just as John D. Rockefeller had done, because almost everything you do would not have been possible without his big business ways and his discoveries.
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679 Words | 3 PagesThey donated money to many different things and invented many different things we still use today, which make them philanthropists. Andrew Carnegie donated his money to a fund scientific research and also made a pension fund for teachers by donating ten million dollars (Andrew Carnegie). Andrew Carnegie also created one of the largest steel companies that was made cheaply and efficiently. John Rockefeller donated his money to donated almost half a billion dollars to educational, religious, and scientific programs. John Rockefeller was the head of the Standard Oil Company.
John D. Rockefeller: Captain Of Industry
343 Words | 2 PagesDuring the 19th century, industrialization impacted the United States in many way. Industrialists, like John D. Rockefeller, owned or were involved in management of an industry. At the time, these agents were considered a “Robber Baron,” while others were considered a “Captain of Industry.” However, many were considered good because they were philanthropists. John D. Rockefeller was born on July 8, 1839, in Richford, New York.
Robber Barons And Captains Of Industry
235 Words | 1 PagesAndrew Carnegie and John D. Rockefeller were hardworking and used their money to help others instead of keeping it for themselves. They both started and donated to charities. Carnegie gave away most of his money before he died and established thousands of libraries.
Was John D. Rockefeller A Robber Baron
336 Words | 2 PagesWas John D. Rockefeller a robber baron? I’d say so. Through ruthless business tactics and exploitation of workers, he made a fortune in his lifetime. In this paper, I’m going to be talking about said business tactics and exploitation. If you believe Rockefeller was just a good business man who donated to the poor, I hope your view will be changed by the end.
Robber Barons
799 Words | 4 PagesStandard Oil gained a monopoly in the oil industry by buying rival refineries and developing companies for distributing and marketing its products around the globe. In 1882, these various companies were combined into the Standard Oil Trust, which would control some 90 percent of the nation’s refineries and pipelines. Rockefeller retired from day-to-day business operations of Standard Oil in the mid-1890s. Inspired in part by fellow Gilded Age tycoon Andrew Carnegie (1835-1919), who made a vast fortune in the steel industry then became a philanthropist and gave away the bulk of his money, Rockefeller donated more than half a billion dollars to various educational, religious and scientific causes. Among his activities, he funded the establishment of the University of Chicago and the Rockefeller Institute for Medical Research (now Rockefeller
How Did John D Rockefeller Impact The Industrial Revolution
1371 Words | 6 PagesJohn D. Rockefeller Sr: How did John D. Rockefeller impact the Industrial Revolution John Davison Rockefeller Sr. once stated “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success” (John D. Rockefeller Quotes). John D. Rockefeller was the founder of Standard Oil in which then became one of the wealthiest men in the world. Rockefellers ongoing funding as a philanthropist and trust in oil is how the man's name still lives on to this day (The Rockefeller Archive Center). For thousands of years oil has been a main resource for human consumption, and remains the same.
John D. Rockefeller: The Captain Of Industry
459 Words | 2 PagesRockefeller: The Captain of Industry that has helped our country thrive “The best philanthropy” he wrote, is constantly in search of finalities- a search for a cause an attempt to cure evils at their source” - John D. Rockefeller John D. Rockefeller was the richest man of his time but, used his wealth to improve our country. Rockefeller entered the fledgling Oil industry in 1863, by investing in a factory in Cleveland, Ohio. In 1870 Rockefeller established the Standard Oil Company. With the establishment of the oil company Rockefeller controlled 90% of the oil business in America by 1880.
Andrew Carnegie Philanthropy Essay
671 Words | 3 PagesHe quickly had a monopoly, or complete control over a specific industry, over the steel industry and the richest man in the United States. He would often donate money he saw as surplus to help the community; such as building libraries, universities, and institutes. He kept finding ways to give his money away until his death, and even now his still operating corporation is one of the largest in the world.
Characteristics Of Robber Baron
986 Words | 4 PagesAttending Oswego Academy and then changing to Central High School, he attended only a single business class at Folsom Mercantile College. Rockefeller’s first establishment was a commission business dealing with hay, grain, meats, and a wide variety of other selections. Rockefeller was an American industrialist and philanthropist. He was a founder of the Standard Oil Company. Within two years of building his first oil company, he was the largest oil association.
Philanthropy In The Rockefeller Business
261 Words | 2 PagesWhen John Rockefeller went into retirement, his decides to devote his time and money to his new hobby philanthropy. Now, Rockefeller donates well over five-hundred million dollars towards the advancement of his country, church, and fellow man. For instance, Rockefeller creates a hospital research facility and college. Additionally, Rockefeller takes ten percent of his overall earnings and donates them to the church. Next, he funds scientific advancement that aids in the creations of vaccines and eradication of terrible diseases.
John D Rockefeller Leadership
1106 Words | 5 PagesThe men who built America also know the innovator is a docudrama and directed by Patrick Reams and Ruan Magan. This movie focuses on the life of Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan and Henry Ford, and how their innovation and leadership skills renovated the modern society. But for the purpose of this assessment my research is based on John D Rockefeller and his leadership skills. Short History of John D. Rockefeller John D Rockefeller was born in 1839 in New York to Bill and Eliza Rockefeller. From a very young age his father taught him to be smart and cunning in every deal, and also not to trust anyone in his life including his father and His mother was a fervent Baptist and tried to instill in him the importance of being a good Christian.
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