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John D. Rockefeller became one of the wealthiest individuals in history by establishing the Standard Oil Company, which created a trust that controlled the majority of oil refineries in the United States. His business practices, including aggressive consolidation and monopolization, allowed him to dominate the oil industry. This not only made him a symbol of the robber baron era but also led to significant antitrust legislation in the U.S.

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Which robber baron became one of the wealthiest people in the world by creating a trust that controlled most of the oil refineries in the US?

John D. Rockefeller became one of the wealthiest individuals in the world by establishing the Standard Oil Company, which controlled a vast majority of the oil refineries in the United States through a trust. His business practices, including aggressive competition and strategic mergers, allowed him to dominate the oil industry and significantly influence its market. This consolidation of power led to the eventual breakup of Standard Oil in 1911 due to antitrust laws.


What was born a slave in Georgia I had only one year of formal education but I learned to be a barber I was a very successful businessman who became the wealthiest black property owner in Atlanta Who?

The individual you are referring to is Alonzo Herndon. Born into slavery in Georgia in 1858, he had limited formal education but became a skilled barber. Herndon established a successful barbershop and went on to become the wealthiest Black property owner in Atlanta, significantly impacting the community and paving the way for future Black entrepreneurs.


What did John D Rockefeller become famous for during the industrial revolution?

he became famous by creating the Oil Refining Company that helped him get richer when cars were created in further years ahead


How does the period 1800-1812 look if viewed through American Indian eyes?

Indians were upset that they were being controlled through the Louisiana purchase and became very angry towards the white people for killing their peony.


Who built a large steel corporation in the 1800s?

Andrew Carnegie built a large steel corporation in the 1800s. He founded Carnegie Steel Company, which became one of the most significant steel producers in the United States and played a key role in the American industrial revolution. His innovative practices and focus on efficiency helped transform the steel industry and made him one of the wealthiest individuals of his time.

Related Questions

What robber baron became one of the wealthiest people in the world by creating a trust that controlled most of the oil refineries in the US?

John D. Rockefeller became one of the wealthiest individuals in history by founding Standard Oil Company, which established a trust that controlled a significant portion of the oil refineries in the United States. Through aggressive business practices, including horizontal integration, he was able to dominate the oil industry and reduce competition. His wealth and influence made him a prominent figure in the era of the "robber barons" during the late 19th and early 20th centuries.


Which robber baron became one of the wealthiest people in the world by creating a trust that controlled most of the oil refineries in the US?

John D. Rockefeller became one of the wealthiest individuals in the world by establishing the Standard Oil Company, which controlled a vast majority of the oil refineries in the United States through a trust. His business practices, including aggressive competition and strategic mergers, allowed him to dominate the oil industry and significantly influence its market. This consolidation of power led to the eventual breakup of Standard Oil in 1911 due to antitrust laws.


How did Nigeria become one of Africa's wealthiest nations?

Nigeria became on of Africa's wealthiest nations mainly because of the oil reserves they have


As a result of trade the city of changan became?

B. The wealthiest city in the world


Why was Constantinople location important?

Because it had a central location overlooking the Bosporus and Dardanelles. In order to trade between the Mediterranean Sea and black sea you had to go through Constantinople. It became the wealthiest part of the Roman Empire and controlled most trade between the east and west.


Who was Alonzo Herndon?

A successful businessman who became the wealthiest black property owner in Atlanta.


Who was born a slave in Georgia and had one year of formal education but learned to be a barber and was very successful businessman who became the wealthiest black property owner in Atlanta?

Alonzo Herndon became the wealthiest black property owner in Atlanta.


How and when Bill Gates became famous?

because of software Microsoft and is one of the world's wealthiest men.


After the war James forten became a wealthy politician and an influential abloitionist?

he was an apprentice for Robert bridges and was the wealthiest man in Philadelphia also became a sails men


John D Rockefeller became the wealthiest person on Earth as founder and president of which of these companies?

Standard Oil Company


Why were there 2 Vietnams?

When France left Vietnam in 1954 part of the country was controlled by the communists, and part was democratically controlled. The Communist controlled are became North Vietnam, and the Democratic area became South Vietnam.


Which city-state became the wealthiest and most powerful in eastern Africa?

Alexandria, named after it's founder the Macedonian Alexander the Great.