Thursday, October 24, 2013
John Davison Rockefeller
John Davison Rockefeller ( July 8th 1839- May 23rd 1927) was an American Industrialist and Philanthropist. John was the founder of a Standard Oil company. After the first year of business closed, the business's gross was $450,000. In 1870, Rockefeller founded the first great U.S. business trust and ran it until he retired in 1897. Rockefeller revolutionized the Petroleum Industry and defined the structure of Philanthropy ( Love of humanity). As the drive for gasoline and kerosene increased so did Rockefeller's wealth and he became the richest man in the world and the only American to be worth more than a billion dollars.
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