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1. www.acquired.fm › episodes › standard-oil-part-iStandard Oil Part I: The Complete History and Strategy - Acquired

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   The Complete History & Strategy of Standard Oil (Part I) We dive into original American capitalist mega winner, Standard Oil, and its legendary founder John D. Rockefeller. This company and man almost defy characterization — Elon, Bezos, Gates, Buffett... they've got nothing on old John D.

2. www.britannica.com › money › Standard-OilStandard Oil | History, Monopoly, & Breakup | Britannica Money

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   Oct 10, 2024 · Standard Oil Company was incorporated in Ohio in 1870, but the company’s origins date to 1863, when John D. Rockefeller joined Maurice B. Clark and Samuel Andrews in a Cleveland, Ohio, oil-refining business.

3. historyincharts.com › the-legacy-of-the-breakup-ofExamining the Breakup of Standard Oil (with Chart)

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   Feb 24, 2021 · In 1870 John D. Rockefeller co-founded the Standard Oil Company. The company (or “Standard” for short) would grow over the coming decades to be one of the largest businesses in the US at the time.

4. www.bunkerist.com › en › the-rise-and-fall-of-theThe Rise and Fall of the Standard Oil Company - Bunkerist ...

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   Jul 26, 2021 · The rapid rise of Standard Oil. In 1863, 24-year-old Rockefeller established an oil refinery in Cleveland, Ohio, with the Clark brothers and chemist Samuel Andrews. Two years later, Rockefeller bought the Clark brothers’ shares and named the refinery Standard Works.

5. ari.aynrand.org › issues › government-and-businessVindicating Capitalism: The Real History of the Standard Oil ...

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   Here is his summary of Rockefeller’s success in the oil industry: “He bought his first oil refinery in 1862, and by 1870 set up Standard Oil Company of Ohio, made secret agreements with railroads to ship his oil with them if they gave him rebates — discounts — on their prices, and thus drove competitors out of business.” 6

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     How Rockefeller Built His Trillion Dollar Oil Empire

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     The Rockefeller Legacy: Oil to Philanthropy

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     Rockefeller: The World’s First Billionaire

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7. oilprice.com › Energy › Energy-GeneralThe Real History of the Standard Oil Company - Part 2: The ...

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   Aug 31, 2011 · Rockefeller further lowered his costs by eliminating the use of barrels altogether in receiving crude oil (barrels would remain in use for shipping refined oil to customers for some time).

8. sbnonline.com › article › the-rockefeller-legacyThe Rockefeller legacy - SBN

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   Jul 22, 2002 · Rockefeller bought into a small oil company, Andrews, Clark & Co., in 1863. Seven years later, and firmly under his control, it was reorganized as the Standard Oil Co. Rockefeller quickly captured the bulk of the industry through aggressive acquisitions of smaller companies, a move that finally started to balance the unpredictable market.

9. People also ask

   When did Rockefeller buy Clark Oil Company?

   • In 1865 Rockefeller bought out Clark, and two years later he invited Henry M. Flagler to join as a partner in the venture. By 1870 the firm of Rockefeller, Andrews, and Flagler was operating the largest refineries in Cleveland, and these and related facilities became the property of the new Standard Oil Company, incorporated in Ohio in 1870.

   Standard Oil | History, Monopoly, & Breakup | Britannica Money

   www.britannica.com/money/Standard-Oil

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   Did Rockefeller own Standard Oil?

   • In 1870 John D. Rockefeller co-founded the Standard Oil Company. The company (or “Standard” for short) would grow over the coming decades to be one of the largest businesses in the US at the time. It eventually met its demise, though the breakup of Standard Oil still has a lasting effect on the modern world.

   Examining the Breakup of Standard Oil (with Chart)

   historyincharts.com/the-legacy-of-the-breakup-of-standard-oil/

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   How did Rockefeller become successful in the oil industry?

   • Here is his summary of Rockefeller’s success in the oil industry: “He bought his first oil refinery in 1862, and by 1870 set up Standard Oil Company of Ohio, made secret agreements with railroads to ship his oil with them if they gave him rebates — discounts — on their prices, and thus drove competitors out of business.” 6

   Vindicating Capitalism: The Real History of the Standard Oil Company

   ari.aynrand.org/issues/government-and-business/capitalism/Vindicating-Capitalism-The-Real-History-of-the-Standard-Oil-Company/

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   How much money does Rockefeller give Clark in 2021?

   • In exchange, Rockefeller gives Clark his 50% share of the produce trading. Ben: Which by the way, he probably buys him out for $3–$4 million, something like that, in 2021 dollars. David: A good chunk of change. That 50%, that $72,500 or however you want to think about it, is 50% of Standard Oil right there.

   Standard Oil Part I: The Complete History and Strategy

   www.acquired.fm/episodes/standard-oil-part-i

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   How did Rockefeller buy refineries?

   • Standard Oil begins to buy other small refineries with the capital it has acquired. Rockefeller continues to buy all refineries by cutting prices at the expense of the small refineries he buys. Standard Oil acquires 22 of the 26 refineries in Cleveland within 4 months. This event is known as the Cleveland Massacre.

   The Rise and Fall of the Standard Oil Company - Bunkerist

   www.bunkerist.com/en/the-rise-and-fall-of-the-standard-oil-company/

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   How much money did Rockefeller invest in Standard Oil Trust?

   • The original Standard Oil Trust was capitalized at $70 million, and John D. Rockefeller himself held over 25 percent.

   Vindicating Capitalism: The Real History of the Standard Oil Company

   ari.aynrand.org/issues/government-and-business/capitalism/Vindicating-Capitalism-The-Real-History-of-the-Standard-Oil-Company/

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