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John Davison Rockefeller (July 8, 1839 - May 23, 1937) was an American industrialist. 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.[1] Standard Oil began as an Ohio partnership formed by John D. Rockefeller, his brother William Rockefeller, Henry Flagler, Jabez Bostwick, chemist Samuel Andrews, and a silent partner, Stephen V. Harkness. As kerosene and gasoline grew in importance, Rockefeller's wealth soared, and he became the world's richest man and first American billionaire.[2] He is often regarded as the richest person in history.[3][4][5][6]
Rockefeller spent the last 40 years of his life in retirement. His fortune was mainly used to create the modern systematic approach of targeted philanthropy with foundations that had a major effect on medicine, education, and scientific research.[citation needed]
His foundations pioneered the development of medical research, and were instrumental in the eradication of hookworm and yellow fever. He is also the founder of both the University of Chicago and Rockefeller University. He was a devoted Northern Baptist and supported many church-based institutions throughout his life. Rockefeller adhered to total abstinence from alcohol and tobacco throughout his life.[7]
He had four daughters and one son; John D. Rockefeller, Jr. "Junior" was largely entrusted with the supervision of the foundations.
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Who dominated the oil industry in the 1880s?
John D. Rockefeller. Apex :)
Who controls the oil industry?
The oil companies and the men who own them.
Who is the entrepreneur of oil industry?
Your mom
What term is column in oil and gas industry?
The other term for column in oil and gas industry is tower or either vessel(vertical vessel)
Andrew Carnegie and j p Morgan both were captains of which industry?
oil industry
The first great leader in the oil industry was?
John D Rockerfeller
What is the industry of oil?
the oil industry is oil
What is the oil industry?
the oil industry is oil
Who became leader of the oil-refining industry in the us during the late 1800's and early 1900s?
John D. Rockefeller
Who became leader of the oil-refining industry in the us during the late 1800's and the early 1900s?
John D. Rockefeller
What industry did Rockefeller have a monopoly?
Oil industry. Founder of Standard oil.
What industry does an oil rig worker work in?
In the oil industry.
How was Ida Tarbell first introduce to the oil industry?
the oil industry
What industry did john d Rockefeller control?
the oil industry->> APEX
Why did the oil industry collapse?
The oil industry in Oklahoma, to be specific. In 1983, the year after its peak, why did the industry collapse?
What is the meaning of throughput in oil and gas industry?
Throughput in Oil & gas industry
Who developed the oil and steel industries in the US?
John D. Rockefeller developed the Standard Oil Company which was the leader of the Oil industry in the U.S in the late 19th century. Andrew Carnegie boomed the Steel industry in the late 19th century and ended up selling the Carnegie Steel Company to John P. Morgan.
