John D. Rockefeller

Rockefeller spent the last 40 years of his life in retirement.

John Rockefeller Net Worth is $340 Billion.

Huntington, Henry Villard, and James J. In the hands of John D. Rockefeller and his Standard Oil organization it grew into a vast undertaking in the United States after the end of the Civil War, but the oil-extraction industry was not so well organized elsewhere until the 20th century.

Rockefeller and associates, controlling almost all oil production, processing, marketing, and transportation in the United States. The striking miners were a polyglot of ethnicities, including a large number of Greeks and Italians. Rockefeller Hall, with offices, a chapel, and dormitory rooms, was built in , and Packard Hall was erected in More About John D. Rockefeller 11 references found in Britannica articles Assorted References development of petroleum power technology In history of technology: The growth of industry robber barons In robber baron: Rockefeller association with Flagler In Henry M.

Flagler Gates In Frederick T. Articles from Britannica Encyclopedias for elementary and high school students. Help us improve this article! Contact our editors with your feedback. You may find it helpful to search within the site to see how similar or related subjects are covered.

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Thank you for your feedback. Discover some of the most interesting and trending topics of Jul 8, Nicknames: John Davison Rockefeller Country: United States of America, Germany.

Rockefeller earned his net worth as an icon in the oil business. John Davison Rockefeller Jul He founded John Davison Rockefeller was an American oil industrialist, investor, and philanthropist. He was the founder of the Standard Oil Company, which dominated the oil industry and was the first great U. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy.

In , he founded the Standard Oil Company and aggressively ran it until he officially retired in Standard Oil began as an Ohio partnership formed by John D. As kerosene and gasoline grew in importance, Rockefeller's wealth soared, and he became the world's richest man and first American worth more than a billion dollars. Adjusting for inflation, he is often regarded as the richest person in history.

Rockefeller spent the last 40 years of his life in retirement.