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John D Rockefeller American Philanthrapist

During the late 1800's and early 1900's the oil industry was a monopoly that was created by one man. Some people would describe this man as a ruthless, cruel, cutthroat business tycoon. This man was John Davison Rockefeller. John D. Rockefeller made the Standard Oil Company, becoming America's first billionaire, and then gave away more than half his fortune to charities. John Rockefeller was a dedicated businessman who built himself an empire from nothing and helped others with his generous donations. His business ended up helping smaller businesses because of the new laws and restrictions that needed to be created in order for the U.S. government to have a handle on the Standard Oil Company. John D. Rockefeller changed the oil industry, created and greatly contributed to many charities in America. Rockefeller was born on July 8, 1839 in Richford, New York (J.D.R. J.D.R. Page n.p.). He married Laura C. Spelman (1839-1915) on September 8, 1864 (Rockefeller Family and Associates n.p.). His mother, Eliza Davison Rockefeller, was very religious and disciplined, she was the person who taught him to work hard, save and give to charities (J.D.R. J.D.R. Page n.p.). Rockefeller's mother had the biggest influenc


He even paid off the mortgage of the Euclid Avenue Baptist Church after suffering a heart attack one day before he died (Bill Bell n. He and Rockefeller made a deal in 1896 that Rockefeller wouldn't go near the steel industry if Carnegie wouldn't go near the oil industry (J. Soon Standard began refining crude oil, moving westward and it began foreign markets in Europe, Asia and Latin America and at this point it was almost a monopoly (J.

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