The Average American Billionare
By: Jack Gallagher
Mid-1800's to Mid 1900's
Light Industry: John Jacob Astor is an example of this industry. He was the leading fur trader in the country by 1800.
Finance: Some examples of this include Warren Buffett, Stephen Girard, and Jay Gould. Warren Buffett is an investor who has created a stock holding company that has earned him a lot of money. Stephen Girard got into financial banking in order to finance the War of 1812. Jay Gould was an investor who manipulated stocks and bribed people.
Technology: Bill Gates is an example of this, he bought a software company that helped start the company Microsoft.
How Honest and Ethical They Were
John D. Rockefeller
Established Standard Oil and created a monopoly
Built a Steel empire in the late 1800's
Commodore Cornelius Vanderbilt
A ruthless steamboat entrepreneur who also got involved in the railroad industry