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1. financhill.com › blog › investingHow Did Rockefeller Make His Money? - Financhill

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   How John D. Rockefeller Got Started. Rockefeller was born in 1839 New York to a con artist father known for being involved in schemes. By the time he was 16, he had a job as an assistant bookkeeper for a small produce commission. He earned $58 per month and once quipped his goal was to make $100,000 and live to be 100.

2. www.history.com › john-d-rockefellerJohn D. Rockefeller ‑ Biography, Facts & Children | HISTORY

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   Apr 9, 2010 · John Davison Rockefeller, the son of a traveling salesman, was born on July 8, 1839, in Richford, New York. Industrious even as a boy, the future oil magnate earned money by raising turkeys ...

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     SECRET that allows you NOT to WORK! The Proven Way to Wealth | John D. Rockefeller

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4. en.wikipedia.org › wiki › John_DJohn D. Rockefeller - Wikipedia

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   Rockefeller associated the church with charity. A Baptist preacher once encouraged him to "make as much money as he could, and then give away as much as he could". [107] Later in his life, Rockefeller recalled: "It was at this moment, that the financial plan of my life was formed". Money making was considered by him a "God-given gift". [107]

5. www.smithsonianmag.com › smart-news › john-dJohn D. Rockefeller Was the Richest Person To Ever Live ...

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   But there was another side to him. “Rockefeller’s fortune peaked in 1912 at almost $900,000,000, but his estate totaled only $26,410,837 when he died,” Parr writes, “making him the biggest ...

6. www.britannica.com › money › John-D-RockefellerJohn D. Rockefeller | Biography, Industry ... - Britannica Money

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   John D. Rockefeller (left) walking with his son, John D. Rockefeller, Jr., about 1915. Rockefeller, Sr., was an American industrialist and philanthropist and founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Library of Congress, Washington, D.C. (cph 3a48646) A devout Baptist ...

7. blogs.loc.gov › inside_adams › 2020Rockefeller: Making of a Billionaire | Inside Adams

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   Jan 14, 2020 · He also used his money to establish the University of Chicago and the Rockefeller Institute for Medical Research. His goal as a young adult was to make $100,000 and live to be 100 years old. While he surpassed his financial goal, John D. Rockefeller died on May 23, 1937, at the age of 98. Further reading:

8. People also ask

   How did Rockefeller earn his fortune?

   • Rockefeller and his partner Maurice Clark each put up half of the capital, with Rockefeller borrowing $1,000 from his father (at 10 percent interest) for his share. The company's profits soon grew, with each partner earning an income of $17,000 per year. Rockefeller's fortune was largely earned from the oil business, with the Civil War contributing significantly to the company's revenue and prompting a shift from foods to oils.

   How Did Rockefeller Make His Money? - Financhill

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   How much money did Rockefeller make when he died?

   • But there was another side to him. “Rockefeller’s fortune peaked in 1912 at almost $900,000,000, but his estate totaled only $26,410,837 when he died,” Parr writes, “making him the biggest philanthropist ever to live.”

   John D. Rockefeller Was the Richest Person To Ever Live. Period

   www.smithsonianmag.com/smart-news/john-d-rockefeller-richest-person-ever-live-period-180961705/

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   How did Rockefeller amass his fortune?

   • Rockefeller was the first billionaire in the United States. He amassed his fortune by founding Standard Oil, an oil refinery company that gained importance as kerosene and gasoline became everyday staples. These oils were used for power before electricity and automotive fuels after their invention.

   How Did Rockefeller Make His Money? - Financhill

   financhill.com/blog/investing/how-did-rockefeller-make-his-money

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   Why did Rockefeller give so much money to charity?

   • He loved to work, made an absurd fortune and then gave the bulk of it away. On this day in 1870, Rockefeller incorporated the company that would make him almost inconceivably rich and, in many ways, begin the modern age of oil. Its tactics were brutal and he was himself ruthless, but he also gave an immense amount to charity.

   John D. Rockefeller Was the Richest Person To Ever Live. Period

   www.smithsonianmag.com/smart-news/john-d-rockefeller-richest-person-ever-live-period-180961705/

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   Why did Rockefeller join the oil industry?

   • In 1870, Rockefeller joined in the oil business, along with his brother William, Samuel Andrews, Henry M. Flagler, and Stephen V. Harkness. Their business, the Standard Oil Company of Ohio, focused on oil refining, which had less variable costs than oil exploration and drilling.

   Rockefeller: Making of a Billionaire | Inside Adams

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   How much money did Rockefeller make in 1913?

   • Consequently, Rockefeller became the country's first billionaire, with a fortune worth nearly 2% of the national economy. [ 7 ] His personal wealth was estimated in 1913 at $900 million, which was almost 3% of the US gross domestic product (GDP) of $39.1 billion that year. [ 8 ]

   John D. Rockefeller - Wikipedia

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9. www.biography.com › john-d-rockefellerJohn D. Rockefeller - Quotes, Facts & Robber Baron - Biography

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   Apr 2, 2014 · American industrialist John D. Rockefeller built his first oil refinery near Cleveland and in 1870 incorporated the Standard Oil Company. ... His money helped pay for the creation of the ...