John D. Rockefeller Gilded Age Biography

 Alexandre Maciel

Mr. Roddy

IHSS

20 April 2022

John D. Rockefeller

    John D. Rockefeller was born on July 8, 1839, in Richford, New York. His father was a salesman constantly travelling but taught John about hard work. Even as a child John already earned money by raising turkeys, selling candy, and helping neighbors with jobs. When he was 14 his family moved to Ohio where John attended high school. There he got a job with the Cleveland Commision Firm that sold, bought, and shipped materials such as coal. Throughout his time there, he learned about trade and business while establishing with the company. However, after just 4 years, he left the business and founded his own commission firm with some friends. It was that same year that the first oil was pumped from Pennsylvania. He and his friends began investing in this newly founded industry. In 1865 Rockefeller bought out the oil refinery in Cleveland with the help of some partners. Standard Oil Company of Ohio was founded then, and he and his two other brothers had most of the shares of this business. Quite quickly, they began buying our refineries and pipelines in America until 1882, where they had over 90 percent of America's refineries and pipelines. 

    Rockefeller quickly boomed with money and became a target to journalists and politicians due to his wealth. In 1890, sanctions began being made in order to limit Standard Oil Company made by the supreme court. Slowly his company began falling apart and in 1911, the company was forced to split apart by the supreme court. Today Standard Oil Company of Ohio is broken into over 30 oil and gas businesses. 

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