Story of John D. Rockefeller.
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A Good opportunity with some sort of
luck and the ability to use the
opportunity is one of the great quality ones should ever have,Such is the story
of John D. Rockefeller.The supreme court’s decision regarding the dismantling of
the company into 34 parts as the standard oil produced is violating the federal
laws and the value of the total of the 34 entities costs more than the single
one which gave Rockefeller a good opportunity.
John D Rockefeller an American business
magnate and philanthropist was born in a large and poor family in New York on
July 8, 1839. He started as an assistant bookkeeper at the age of 16 and at
the age of 20, he was concentrating his business on refined oil. Rockefeller
founded the Standard Oil company in 1870 and he remained its largest shareholder till 1897.
Since Oil was used for the production of
electricity in those days,the value of kerosene and gasoline grew up and
standard oil produces the 90 % of all oil in the united states , this made him
the richest man of America in those days.
After the decision of the supreme court
,the shares increased drastically making him the first billionare of the
country with a fortune worth of nearly 2% of the national economy .
Rockefeller as an philanthropist spent his
40 years of retirement in defining the modern structure of philanthrophy along
with the other industrialists. He used his richness in making of foundations
that had a humongous effect on medicine, education ,research.The medical
foundations which he formed became successful and went till eradication of
hookworm and yellowfever diseases.
Rockefeller was also the founder of the
University of Chicago and Rockefeller university and he also funded the
establishment of central philippine university in Philippines .Rockefeller believes
his religion as the driving force throughout his life and is the main key of
success of his life .
JOHN.D.ROCKEFELLER. |
CREDITS:
CONTENT WRITTEN BY: Uday
.
RESEARCH DONE BY: Christy Samuel.
FINAL TOUCH BY : VAAGESH RAM.
SOFTWARE DEVELOPER: WAR MUDASIR.
SOFTWARE DEVELOPER: HIRDIYANSH SHARMA.
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Comments
Thank you very much for sharing an interesting and inspiring story of Rockefeller. Looking for more such articles.
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