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John D. Rockefeller was a pivotal figure in the American oil industry, co-founding the Standard Oil Company in 1870, which became one of the first and largest multinational corporations. He revolutionized the petroleum industry and defined the structure of modern philanthropy, donating over $500 million to various causes, including education and public health. His business practices led to significant economic growth but also raised concerns about monopolistic practices, ultimately resulting in the breakup of Standard Oil in 1911. Rockefeller's legacy is a complex mix of industrial innovation and ethical debate surrounding corporate power.

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1h ago

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