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John D Rockefeller Research Paper

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He was into business as a young boy, at about the age of 12. John D. Rockefeller 's mother told him he should start saving up his money. John Listened to his mother and then his mother gave him another great idea. she told him to loan his money to a neighboring farmer and give 7% interest, and thus the long life of business began for John D. rockefeller. John was born July 8th, 1839 in Richford, NY. John Rockefeller as he got he got older was known as the best businessman America has ever had. John went to two colleges, Chancellor University, and Owego Free Academy. John only went to college for a couple months in one of them but about a year in the other. He studied bookkeeping and went to a commercial college. What really made him famous besides his good business skills was when he discovered oil and the use for it. In 1870, John Rockefeller made his own standard oil company and refinery near Cleveland, Ohio. John moved to Cleveland at the age of 14. In 1865, John borrowed money to buy out some of his partners and take control of the refinery, which had become the largest in Cleveland. Over the next …show more content…

After all the years he has spent working so far he 's now a millionaire. For various causes, John donates 530 million dollars to charities and other places. his family was a big part of his business as well as everybody else. His wife Laura Rockefeller, and his kids Abby rockefeller, John Rockefeller JR., John rockefeller iii, John Rockefeller SR., Winthrop Rockefeller, Abby Aldrich Rockefeller, David Rockefeller, and Nelson Rockefeller. He had one of his daughters die in infancy. John Rockefeller would have had Winston Churchill right his biography. The price that Winston Churchill wanted to write the biography was to much, Winston wanted a whopping 250,000 dollars to write the

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John D. Rockefeller was called a robber baron because many people believed he used unethical business practices to amass his extraordinary wealth. One of the most known was his practice of demanding rebates from railroads. Because Standard Oil shipped such large amounts of oil by rail, Rockefeller insisted that the railroads offer him rebates, or a discounted rate. This policy gave Standard

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John D. Rockefeller was an American businessman and philanthropist. He was born on a farm in New York-but moved to Cleveland, Ohio during the late 1850s where he became a successful businessman. As the years went by” he began to notice the oil industry” and he became interested. He lived in Cleveland which became a regional hub

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Rockefeller was also one of the most successful wealthy Gilded Age entrepreneurs. Although Rockefeller did make a name for himself in the oil industry,supplying the U.S with oil, and creating the Standard Oil Company;his road to power was paved with the pain and suffering of others due to his malicious behavior. He should be remembered as a Robber Baron because of his attempts at monopoly, malicious behavior to those who stood in his way, and especially the treatment of his workers in order to get the wealth he desired. J.D. Rockefeller used tactics such as vertical integration, using rebates to transport his oil for cheaper prices, and using ruthless methods to eliminate the competition. Rockefellers ruthlessness lead him to be very successful up until his fatal encountered with Ida Tarbell.

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In 1870, Rockefeller formed the Standard Oil Company of Ohio, along with his younger brother William (1841-1922), Henry Flagler (1830-1913) and a group of other men. John Rockefeller was its president and largest shareholder. In 1865, Rockefeller borrowed money to buy out some of his partners and take control of the refinery, which had become the largest in Cleveland. Over the next few years, he acquired new partners and expanded his business interests in the growing oil industry.

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