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How did John D. Rockefeller control over much of the oil industry?
Wiki User
∙ 6y ago
By selling oil cheaper than his competitors, forcing his competitors to go out of business or to be taken over by Rockefeller. He also gave kickbacks to the railroads to give his oil shipments preferential treatment.
Reta Haley
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How did Rockefeller make money?
Rockefeller dominated the oil industry at his time. He bought as much oil refineries as he could.(Monopoly)
How much money is John D Rockefeller worth today?
John D Rockefeller is currently worth $663.4 billion in 2007 dollars.
How much money was john Rockefeller worth?
$1,023 billion
How much was John Rockefeller worth in terms of money?
John D Rockefeller was worth $1.4 billion at death and is currently worth $663.4 billion in 2007 dollars.
How much money did John D Rockefeller make a year?
1 billion
John D Rockefeller gained control over much of the oil industry by?
by selling oil cheaper than his competitors, forcing his competitors to go out of business or to be taken over by Rockefeller
Was the man who organized and controlled much of Americas oil industry in the late 19 century?
John D. Rockefeller
Which industry did john D. Rockefeller come to school?
Andrew Carnegie's did not have much education. He only when until he was 14 then went on to work as a messenger boy in the telegraph office.
How did Rockefeller make money?
Rockefeller dominated the oil industry at his time. He bought as much oil refineries as he could.(Monopoly)
How much money is John D Rockefeller worth today?
John D Rockefeller is currently worth $663.4 billion in 2007 dollars.
How much money was john Rockefeller worth?
$1,023 billion
How much was John Rockefeller worth in terms of money?
John D Rockefeller was worth $1.4 billion at death and is currently worth $663.4 billion in 2007 dollars.
How much money did John D Rockefeller make a year?
1 billion
What happened to John D Rockefeller?
He gave much of his money to charities and the poor.
How did John D. Rockefeller gain control over much of the oil industrys?
By selling oil cheaper than his competitors, forcing his competitors to go out of business or to be taken over by Rockefeller. He also gave kickbacks to the railroads to give his oil shipments preferential treatment.
How much did John D. Rockefeller's workers get?
John D. Rockefeller treated his workers well by paying them above the regular market wage and giving them large bonuses and vaccation time for rewards.
How much money did john d Rockefeller make?
When he passed away at the age of 97 John D. Rockefeller had a net worth of $340 billion. He was the co-founder of the Standard Oil Company and the founder of the University of Chicago.
