John D. Rockefeller, the founder of Standard Oil and one of the wealthiest individuals in history, saw his fortune significantly diminish in real terms over time due to various factors. After his death in 1937, much of his wealth was distributed through philanthropic efforts, including the establishment of the Rockefeller Foundation. Additionally, the breakup of Standard Oil in 1911 into several smaller companies reduced his direct control over the oil industry. Despite this, his legacy of wealth and influence continues to be felt through various charitable initiatives and the ongoing success of the companies formed from Standard Oil.
He Invested it
well kiddos, john D. Rockefeller acquired his wealth by robbing!!!!! just kidding john was behind the creation and the development of the standard oil company. that's all i found ENJOY!!!!!
He founded the Standard Oil Company.
11.48 trillion doallrs!!!!!! 11400 billion dollars!!!!
John D. Rockefeller's wealth, once unprecedented in American history, transformed over time due to various factors. After his retirement, he gradually divested from Standard Oil, and much of his fortune was allocated to philanthropy, funding universities, medical research, and public health initiatives. By the time of his death in 1937, his wealth had diminished significantly in real terms, but his legacy lived on through the institutions he helped establish. Today, his philanthropic foundations continue to influence various fields, reflecting his commitment to societal betterment.
He Invested it
well kiddos, john D. Rockefeller acquired his wealth by robbing!!!!! just kidding john was behind the creation and the development of the standard oil company. that's all i found ENJOY!!!!!
He founded the Standard Oil Company.
11.48 trillion doallrs!!!!!! 11400 billion dollars!!!!
He gave much of his money to charities and the poor.
John D. Rockefeller's wealth, amassed primarily through his oil company, Standard Oil, was largely distributed through his philanthropic efforts after his death in 1937. He established several foundations, including the Rockefeller Foundation, which focused on public health, education, and scientific research. Additionally, much of his wealth was invested in various sectors, including real estate and financial markets, which continued to grow over time. Today, the Rockefeller family's wealth is managed through various trusts and investment entities, maintaining their influence in philanthropy and finance.
D
John D. Rockefeller can be considered a robber baron, due to his exessive wealth gained from his company, Standard Oil. However, he is also considered a philantropist because of all the money he donated.
John D. Rockefeller and Leland Stanford.
John D. Rockefeller had five children: Elizabeth, Alice, Alta, Edith, and John D. Rockefeller Jr. His children were involved in various philanthropic efforts, continuing the family's legacy of charitable giving. Rockefeller Jr. played a significant role in managing the family’s wealth and philanthropic foundations.
Adam Smith, Wealth of Nations 1776.
Estimates on the wealth of John D. Rockefeller in the late 1870's vary. One source has Rockefeller earning $750 per hour based on the dividends from the stock he owned in his primary company, the Standard Oil Company.