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How did John D Rockefeller begin his oil fortune?

ChuckSiata ∙

Lvl 1

∙ 9y ago

Updated: 8/21/2019

As the US Civil War wore on, John D. Rockefeller saw the need for kerosene. With four thousand dollars he began to supply this by product of oil by fueling lamps for example, that enabled people to work in factories after sundown. Physicians used it apply to the wounds of both soldiers and civilians.

Wiki User

∙ 9y ago

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Related Questions

How did Rockefeller make His fortune?

John D. Rockefeller made his fortune in oil. He was the founder of Standard Oil Company and was also a philanthropist.

How did John D Rockefeller make his fortune?

John D. Rockefeller made his fortune from oil. He founded the company Standard Oil in 1870. Standard Oil became defunct in 1911.

Did John D Rockefeller make his fortune from steel?

No, he made a fortune from oil.

Which man made his fortune in the oil industry?

John D Rockefeller

John D. Rockefeller originally made his fortune in which industry?

Oil

Who became the world's first billionaire in 1916?

John D. Rockefeller, who made his fortune in the oil industry. With the rise of his company Standard Oil.

How did John D Rockefeller and j.p. Morgan amass his fortune?

Rockefeller worked in the oil industry, while Morgan was a banker.

Who made a fortune in the oil business?

John D. Rockefeller is famous for having made a fortune in the oil business. He co-founded the Standard Oil Company in 1870.

How did Rockefeller become rich?

John Rockefeller(1839-1937) was founder of Standard oil and one of the world's largest petroleum company and made a fortune between 1863-1882 with near monopoly business in oil.

Who made a fortune with his standard oil company?

John D. Rockefeller was the man who made a fortune with his Standard Oil Company. The family had been rich since the 1800s and also owned several banks.

How did john d Rockefeller make fortune?

John Davison Rockefeller I (July 8, 1839 - May 23, 1937) was an American oil magnate. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy. In 1870, he founded the Standard Oil Company and aggressively ran it until he officially retired in 1897.

What did john Rockefeller find?

oil

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