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John D. Rockefeller Made Over 550 Million Dollars Throughout His Selling Of Standard Oil And Gave 1/10th Of His Money Went To Charity Such As Schools, Churches, And Medicine Research.
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What kind of person was John Rockefeller?
John Rockefeller was a pioneering industrialist and businessman known for founding the Standard Oil Company. He was known for his strategic and ruthless business tactics that helped him build one of the largest oil monopolies in the United States. Rockefeller was also a noted philanthropist, donating much of his wealth to various causes.
Was John D Rockefeller a villain?
Rockefeller was such a paradox, with a deep commitment to his Christian faith and charity yet with the driving force to achieve his business objectives. Growing up with an unreliable, dissolute father, young John fed his mother and siblings by working a smallholding where he learned a vital lesson. He could grow a business by borrowing money and making it work for him. When he saw the opportunity presented by oil, he sprung into action, speedily enacted his strategic planning by A) borrowing money, and B) establishing a three-man control group including himself. Moving swiftly his group recruited more high performing managers then used them to expand the growing corporation often by buying competitors Conscious that overproduction could cause a glut and an unstable market he sought a balance by exporting to Europe. By creating the first-ever multiskilled multilayered corporation he virtually controlled the growing petroleum industry. Without his control, the industry would almost certainly have lurched from glut to shortage with unstable pricing and equally unstable supply. By outstanding efficiency and management, the Rockefeller team succeeded in providing the best service and a product which could light a small room of as little as one cent per hour. It is true in that any large company with many layers of staff that field salesmen far removed from top-down management will sometimes try to bend the rules to win their own commission. As Rockefeller admits in his ‘Random Reminiscences, “ the ideal way is to recruit from within the companies service, but our expansion was too rapid to permit this in all cases. Some of these were overzealous in going after sales by acting in violation of the wishes of the company. John D was aware of a public perception that he was driven by greed and had this to say in his ‘Random Reminiscences: “You hear a good many people…. say much about greed…. To lay too much stress upon the reports of greed would be folly. It is by no means for money alone that these active-minded men labour, they are in a fascinating occupation. It is unarguable that many dishonest and greedy corporations behaved extremely badly and earned a blanket reputation for unfettered capitalism but there were many ethical hard-working entrepreneurs who brought credit to themselves and their industries. These would include Commodore Vanderbilt who shone in the steamship industry, also James J Hill one of the few successful railroad operators, Charles Schwab in the steel industry, Andrew Mellon and his financial entrepreneurship and of course John D Rockefeller. Many commentators remember only that Rockefeller made a vast fortune often without analysing that his success was largely based on brilliant foresight and management. Few would have quibbled with his largesse in distributing this wealth. Before he died he had gifted nearly $600 million more than any other American. What spoke most highly of his imagination was how these funds were invested, not in charity handouts but through carefully picked teams of scientists and social workers, They created the Rockefeller Institute for Medical Research and would discover cures for yellow fever, meningitis, hookworm, the boll weevil and many other evils, earning Nobel prizes for several of his team and sharing their discoveries worldwide.
What is an examole of man vs self in a separate peace?
In "A Separate Peace" by John Knowles, the character Gene faces internal conflict when he struggles with his jealousy and resentment towards his friend Finny. This conflict between Gene's own emotions and his sense of morality drives much of the novel's central narrative.
Which of these Enlightenment philosophers is known for his writings on the nature of existence?
René Descartes is known for his writings on the nature of existence, famously stating "Cogito, ergo sum" (I think, therefore I am). This concept of self-awareness and existence laid the foundation for much of modern philosophy.
Who is Phineas in A Separate Peace?
Phineas, also known as Finny, is one of the main characters in the novel "A Separate Peace" by John Knowles. He is charismatic, athletic, and popular, with a carefree and adventurous spirit. Finny's close friendship with the narrator, Gene Forrester, drives much of the plot as their relationship is tested during a time of heightened emotions and rivalries at a prep school during World War II.
How much money did john d Rockefeller donate and which orginaztions?
he made 1 billion dollars and donated 60 million
How much money did John D Rockefeller donate to the UN?
I'm assuming $10 but you might want to ask an expert.
How much money is John D Rockefeller worth today?
John D Rockefeller is currently worth $663.4 billion in 2007 dollars.
How much money was john Rockefeller worth?
$1,023 billion
Why did john Rockefeller donate his money?
he was raise a a god fearing boy at a young age. i supose he realized his christian ways as he neared the end of his life thus giving much away
How much was John Rockefeller worth in terms of money?
John D Rockefeller was worth $1.4 billion at death and is currently worth $663.4 billion in 2007 dollars.
How much money did John D Rockefeller make a year?
1 billion
What happened to John D Rockefeller?
He gave much of his money to charities and the poor.
Persuade people to donate money to charitys?
You can use powerful and emotive lines..e.g. 'Your support is very important, just by sending £1.00 it can save someone's life. It will mean so much. Help us?'
How much did John D. Rockefeller's workers get?
John D. Rockefeller treated his workers well by paying them above the regular market wage and giving them large bonuses and vaccation time for rewards.
How much money did john d Rockefeller make?
When he passed away at the age of 97 John D. Rockefeller had a net worth of $340 billion. He was the co-founder of the Standard Oil Company and the founder of the University of Chicago.
What are some lasting effects of what John D Rockefeller did on the US?
John D. Rockefeller helped reduce the price of oil & kerosene very dramatically. If it wasn't for him, we would be paying sooo much more for oil & kerosene then we do now
