John D Rockefeller

Guilded Age

Who he is

John Davison Rockefeller (July 8, 1839 – May 23, 1937) was an American business magnate and philanthropist. He was a co-founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust.

Rockefeller founded Standard Oil as an Ohio partnership with his brother William along with Henry Flagler, Jabez A. Bostwick, chemist Samuel Andrews, and a silent partner,Stephen V. Harkness.

Where

John D Rockefeller began as a humble oil business book-keeper in Cleveland, Ohio and in just seven years rose to control a tenth of the entire US oil business.

John D Rockefeller lived in Clevland.

When he started

In 1870, he co-founded Standard Oil Company and aggressively ran it until he officially retired in 1897.

What he did

Rockefeller was also the founder of both the University of Chicago and Rockefeller University and funded the establishment of Central Philippine University in thePhilippines. He was a devoted Northern Baptist and supported many church-based institutions. Rockefeller adhered to total abstinence from alcohol and tobacco throughout his life.[7]Rockefeller spent the last 40 years of his life in retirement at his estate, Kykuit, inWestchester County, New York. His fortune was mainly used to create the modern systematic approach of targeted philanthropy.
Big image