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Robber Barons Research Paper

395 Words2 Pages

Robber Baron's are the powerhouse of businesses in the United States. Were the big businesses and their owners captain of industry or robber baron, they were robber baron, more powerful and wealthy. The owners such as J.P. Morgan, Cornelius Vanderbilt, Rockefeller and more were robber baron. J.P. Became the first billionaire of the businesses.

J.P. Morgan's US steel was the first billion dollar company in the world with an authorized capitalization of 1.2 billion dollars. He was a very successful businessman, he set the sight for most of the businesses in the 19th century. Most of the businesses were looking to be like him. If the businesses didn't look up to his as a role model, they looked up to John D. Rockefeller. Rockefeller used

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