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Glenville, Cleveland, Ohio, USA. Maurice B. Clark (1827–1901) was a partner in a produce business with John D. Rockefeller Sr., along with Clark's two brothers, James and Richard. [1] Clark was from Malmesbury, England and moved to the United States in 1847. [2] He studied with Rockefeller at Folsom's Commercial College in Ohio.
[citation needed] In February 1865, in what was later described by oil industry historian Daniel Yergin as a "critical" action, Rockefeller bought out the Clark brothers for $72,500 (equivalent to $1 million [39] in 2023 dollars) at auction and established the firm of Rockefeller & Andrews. Rockefeller said, "It was the day that determined my career."
In 1863, John D. Rockefeller encouraged fellow business partner, M. B. Clark to agree to a decision which would eventually lead to the creation of the multimillion dollar company Standard Oil. The duo financed and joined with chemist Samuel Andrews in starting the oil refining business Andrews, Clark, and Co. Two years later, Rockefeller and Andrews bought out Clark's interest and became ...
Larry Holzwarth - July 5, 2019. John D. Rockefeller, whose name remains synonymous with money, was the wealthiest American in history, and one of the richest men of all time. Adjusted for inflation, his fortune at the time of his death in 1937 was about $409 billion, roughly 2% of the total economy of the United States.
The Rockefeller family (/ ˈ r ɒ k ə f ɛ l ər / ROCK-ə-fell-ər) is an American industrial, political, and banking family that owns one of the world's largest fortunes. The fortune was made in the American petroleum industry during the late 19th and early 20th centuries by brothers John D. Rockefeller and William A. Rockefeller Jr., primarily through Standard Oil (the predecessor of ...
ROCKEFELLER, JOHN D. ROCKEFELLER, JOHN D. (8 July 1839-23 May 1937), industrialist and philanthropist, rose from his position as an assistant bookkeeper for a Cleveland commission merchant to become one of the wealthiest men in the U.S. through his efforts in developing the STANDARD OIL CO. Born on a farm near Richford, NY.
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Each man put up $2,000 and formed Clark & Rockefeller — commission merchants in grain, hay, meats, and miscellaneous goods. At the end of the first year of business, they had grossed $450,000 ...
