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im pretty sure he was a philanthropist and donated most of it.

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14y ago

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Continue Learning about U.S. History

How many trillionaires live in the us?

No one in the world has yet had a net worth of $1 trillion. However John D. Rockefeller can be considered the closest to becoming a trillionaire if his fortune from the time of his death in 1937 is inflated to current times which would make his fortune abour $660 billion


What happened to John D. Rockefeller and wealth?

John D. Rockefeller, the co-founder of the Standard Oil Company, became one of the richest individuals in history, amassing a fortune that made him a symbol of wealth in the late 19th and early 20th centuries. Despite facing public scrutiny and regulatory challenges due to monopolistic practices, he maintained his wealth until his death in 1937. In his later years, Rockefeller focused on philanthropy, donating a significant portion of his fortune to various causes, including education and public health, which helped shape modern philanthropy. His legacy continues through numerous institutions and foundations he established.


Why is the Rockefeller family never mentioned on lists stating the most important families in history?

They are an extremely important family and donated millions of dollars and started a foundation. Answer Back in the day when John D Rockefeller was making his fortune with Standard Oil in the early 1900s, they were making a large difference. He helped shift the use of whale oil for energy (lights, heaters) to what was seen as a cleaner fuel--kerosene and oil. These days, the fortune manages a foundation that awards money for various social purposes.


In what year was the Rockefeller foundation started?

The Rockefeller foundation was founded in the year 1913 by John D. Rockefeller, John D. Rockefeller and Fredrick Taylor Gates. This is a non-operating private foundation, worth $3.4 billion as at 2009.


What is John D Rockefeller's middle name?

John D Rockefeller's middle name was Davidson

Related Questions

How did Rockefeller make His fortune?

John D. Rockefeller made his fortune in oil. He was the founder of Standard Oil Company and was also a philanthropist.


Did John D Rockefeller make his fortune from steel?

No, he made a fortune from oil.


How did John D Rockefeller make his fortune?

John D. Rockefeller made his fortune from oil. He founded the company Standard Oil in 1870. Standard Oil became defunct in 1911.


How did John D Rockefeller and j.p. Morgan amass his fortune?

Rockefeller worked in the oil industry, while Morgan was a banker.


Which man made his fortune in the oil industry?

John D Rockefeller


John D. Rockefeller originally made his fortune in which industry?

Oil


Who became the world's first billionaire in 1916?

John D. Rockefeller, who made his fortune in the oil industry. With the rise of his company Standard Oil.


Who made a fortune in the oil business?

John D. Rockefeller is famous for having made a fortune in the oil business. He co-founded the Standard Oil Company in 1870.


How much was rockefeller worth?

John D. Rockefeller was worth approximately $1.4 billion when he died in 1937. Today Rockefeller's personal fortune would be worth an astounding $190 billion, making Gate's $60 billion slightly more than pocket change for Rockefeller!" http://hypertextbook.com/facts/2007/EugeneKolomiyets.shtml Save


How did Rockefeller become rich?

John Rockefeller(1839-1937) was founder of Standard oil and one of the world's largest petroleum company and made a fortune between 1863-1882 with near monopoly business in oil.


Who made a fortune with his standard oil company?

John D. Rockefeller was the man who made a fortune with his Standard Oil Company. The family had been rich since the 1800s and also owned several banks.


How did john d Rockefeller make fortune?

John Davison Rockefeller I (July 8, 1839 - May 23, 1937) was an American oil magnate. 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.