John D. Rockefeller The Wealthiest Man Of American History

The wealthiest man in American History. He began from humble origins and worked his way up to becoming one of the most influential businessmen in American History. His business model revolutionized the way unions, and workers operated. He was one of the men who propelled the American Economy to the global powerhouse it is today. John D. Rockefeller was one of the most successful businessmen ever because of these bold business decisions. Rockefeller was born on July 8th, 1939 in a middle-class family in upstate New York. When he was 20 he entered a business partnership, in which they were fairly successful. Rockefeller gained great business exposure along with experience. He then went on to marry his wife, Laura Celestia Spelman. Her father was a wealthy merchant which helped Rockefeller gain the capital to begin his business. He began this business with his brother and a few other investors, and standard oil began with him at the helm. After two years of work, he amassed enough mone y that he was able to pay his father in law back and buy out a few other investors. This was the start of his monopoly. The major problem with the oil business was that there was not a good use for it. Automobiles were not invented yet, and other uses were seen as luxury items. Rockefellers keen insight told him that the streets of Ohio were missing something, Lights. The streets and homes were dark at night not allowing any work to happen. So, Rockefeller realized that the very refinedShow MoreRelatedA Brief Biography of John D. Rockefeller Essay1422 Words   |  6 PagesWilliam Avery Rockefeller was a common pitchman â€Å"doctor† that sold cancer treatment tonics for $25 town to town and city to city. His wife, Eliza Davison Rockefeller, was a deeply religions and very disciplined woman (Poole). John D. Rockefeller was born into a humble existence but was taught many valuable life lessons from his parents. He learned the basics of business paperwork along with the sacredn ess of a business contract from his father and the importance of giving money to church and charitiesRead MoreEffects Of The Industrial Revolution On The United States1212 Words   |  5 PagesSpencer Neal Mr. Connolly US History Term Paper 10 November 2015 The Effect of the Industrial Revolution The American Industrial Revolution changed the United States residents from rural people to individuals that were exceedingly industrialized. They performed their work in processing plants and used machines. Many people took control of the Industrial Revolution such as: JP Morgan, Cornelius Vanderbilt, Andrew Carnegie, and John D. Rockefeller. These men took hold of their respective industryRead MoreJohn D Rockefeller s Legacy Has Impacted American History Essay1720 Words   |  7 PagesMy research paper will consist of how John D Rockefeller’s legacy has impacted American History. John D Rockefeller was the founder of the Standard Oil Company and became not only a major philanthropist, but one of the world’s wealthiest men to live. His company, Standard Oil, controlled about 88 percent of all U.S. refineries and pipelines. Critics often accused him of unethical practices in his business, causing the U.S. Supreme Court to find Standard Oil in violation of anti-trust laws and demandedRead MoreThe American Dream By James Truslow Adams1577 Words   |  7 PagesThe American Dream Lives On Since 1776, the â€Å"American Dream† has continued to evolve. Originally, our forefathers intended the American Dream to be a country where individuals were free from the tyranny of royalty and nobility, working as a part of a whole, making everyone comfortable and happy - all men created equal with equal opportunity. Over the years, this original intent has continued to change. In 1931, James Truslow Adams stated that the American Dream means that, â€Å"life should be betterRead MoreIndustrialization After Civil War1523 Words   |  7 Pagesyour responses with specific examples and details. A. The first aspect of industrialization that during 1865 and 1920 that influenced U.S. society, economy, and politics was the expansion of railroads. It created more job opportunities for Americans and the new immigrants coming into America. The federal government helped support this expansion of the railroad development, but also made it difficult for some railroad workers, such as the Chinese. They viewed them as a threat because of the massRead MoreRobber Barons By John Davison Rockefeller And Andrew Carnegie2403 Words   |  10 PagesRobber Barons such as John Davison Rockefeller and Andrew Carnegie were a large part of the propelling force that led the United States into a new frontier, setting the standard for the American dream. These men were known for their ingenuity, intuition, and innovation as business men. Each setting a high standard in their field, these men set out to accomplish greatness by revolutionizing their industry. They were known in history as the firs t men to become giants of the industrialized world,Read MoreWho Were the Robber Barons? what was their impact on the economy today? who are some modern robber barons? What is a robber baron who are the three robber barons listed?2886 Words   |  12 PagesThe Robber Barons?A friendship founded on business is better than a business founded on friendship. These words ring true in the ears of business owners and CEOs even today. Who was the man that spoke these words that still have thought and meaning today? Why, none other than John D. Rockefeller. Rockefeller was one of the many robber barons of the gilded age. In case you were wondering, a robber baron is a ruthlessly powerful U.S. capitalist or industrialist of the late 19th century consideredRead MoreAnalysis Of Winter Dreams1507 Words   |  7 Pagesthe same themes as â€Å"The Great Gatsby,† the greatest novel in American history. â€Å"Winter Dreams† is about a young man named â€Å"Dexter† who has desir es, but thinks the only way he can have them is if he is rich. His ambition gets the best of him when he strives for everything he cannot have. When unmasked to reality, your dreams can expire instantaneously. F. Scott Fitzgerald is one of, if not, the single best writer in the history of American literature. Fitzgerald was born on September 24, 1896, in StRead MoreWho Can You Spare A Dime?1407 Words   |  6 Pages All of these headlines portray the tragedy that had left millions of Americans in shambles: Black Tuesday. Within two months after Black Tuesday, the crash of the stock market had thrown several million people out of work. As author of Brother, Can You Spare A Dime? author Milton Meltzer wrote of these American Troubles: The trouble spread quickly. Many businesses came to a dead halt. Salespeople were fired from stores, factories cut down on production, executives decided not to expand. RecentlyRead MoreThe Duty Of The Man Of Wealth1663 Words   |  7 PagesPrabhjot Kaur History 82 24 Sept 2015 The Duty of the Man of Wealth: Two Perspectives on Men of Wealth I. Introduction A. Andrew Carnegie and Working People B. Perspective on Wealth and Living C. Gilded Age D. Thesis: The Gilded Age exchange between Andrew Carnegie and working people’s clarifies wealthy people condescending approach toward workers and their response. II. Major Responsibilities of Wealthy People A