Standard Oil Company, founded in 1870 by John D. Rockefeller and his associates, was owned primarily by Rockefeller, who became one of the wealthiest individuals in history. The company grew rapidly through aggressive business practices and by acquiring competitors, ultimately controlling a significant portion of the U.S. oil industry. In 1911, the U.S. Supreme Court ruled that Standard Oil was in violation of antitrust laws, leading to its breakup into several smaller companies.
The founder of Standard Oil is John D. Rockefeller, who established the company in 1870. Standard Oil became one of the largest and most influential corporations in the United States, dominating the oil industry and setting the stage for modern corporate practices and antitrust laws. Rockefeller's business strategies and practices significantly impacted the economy and shaped the landscape of American business.
As of 2018, 1870 is 138 years ago.
The 19th century.
One railroad reached the west coast.
circa 1412, from Middle Latin in+ "not" + fallibilis "liable to err, deceitful." From 1870, as in reference to Popes.
Ida Tarbell wrote The History of the Standard Oil Company.
It was a trust created by Rockefeller by buying other companies and giving them small profits.
Standard Oil of New Jersey no longer has a stock symbol. They were founded in 1870 but became a defunct company in 1911.
John D. Rockefeller made his fortune from oil. He founded the company Standard Oil in 1870. Standard Oil became defunct in 1911.
John D. Rockefeller founded the Standard Oil Company in 1870. He retired in 1897 and his son, John D. Rockefeller Jr, took over the company for his father. They worked to further their business endeavors through Standard Oil alone (though Junior piloted many endeavors with the Chase's).
standard oil company of Ohio.
John D. Rockefeller is famous for having made a fortune in the oil business. He co-founded the Standard Oil Company in 1870.
standard oil company of Ohio.
Standard Oil Company. Standard Oil Company.
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.
The oldest car brand in Japan is Mitsubishi. The Mitsubishi Car Motor Company was founded in 1870.
1870