John D. Rockefeller: Captain Of The Oil Industry

Topics: John D. Rockefeller, Rockefeller family, ExxonMobil Pages: 6 (1278 words) Published: September 20, 2016


John D. Rockefeller was a captain of industry who helped to make America strong. As much as a good as person he was, he was also a robber baron who used ruthless business practices to enrich himself. In 1839 – 1937, Rockefeller was a very important American industrialist, philanthropist and a founder of many important places.
John D. Rockefellers’ business career was being the main founder and one of the chairmen of the Standard Oil Company. Rockefeller was an intellectual man in the organization and method of things. When the Pennsylvania Oil Strike came about (1859) and the building of a railroad to Cleveland, they came about into oil refining with a guy by the name of Samuel Andrews. He was an expert on that type of field work. After working...

Rockefeller became one of the richest people in the oil industry at that time. He went from a worker to a clerk, to giving a fraction of his money to noble charities. In the article “American History”, by William McGuire and Leslie Wheeler they say, “Early in his career, he said prophetically to a banker, “Someday I’ll be richest man in the world” (McGuire, Wheeler). McGuire and Wheelers’ text reveals how one of Rockefellers’ goals was to also become rich besides wanting to have a successful oil company. But having money and success was not all, he also gave to charity. In the article, “John D. Rockefeller Oil King”, by Barbara D. Krasner she states “He also gave $550 million in 1913 to start the Rockefeller foundation. It still serves the arts, public health, and medical training fields” (Krasner). This quote by Krasner supports how Rockefeller did not only care about how his business was going, whether he was being known for his success. Rockefeller also cared to make America better by giving away money to charities that would do well for the society. To charities that were good for education, medicine, and...

Rockefeller was a captain of industry who helped to make America strong. Although, he did spy on other companies to better his own business, that didn’t stop him from being a generous and caring man. Rockefeller had a positive effect on America because he gave away money to charities, built great industries and donated lots of money to churches and schools. John d. Rockefeller was the founder of the University of Chicago, (a university that opened in a church in 1892), and the Rockefeller University, (an institute of medical research in New York City), that was charted in 1901. He was also the founder of the General Education Board, (established in 1902), as well as the founder of the Rockefeller foundation, (charted in 1913 to promote peace throughout the world) (Unknown). He was a very rich person who funded many universities. He funded the establishment of Central Philippine University (where Philippines could study). John D. Rockefeller was a person who was well known for his philanthropic contributions and charitable contributions. According to the New York World, in 1880, the Standard Oil Company was “…the cruelest, impudent, pitiless, and grasping monopolies that ever happened in a country”. The text supports how Rockefeller used cruel, ruthless, business practices to not only enrich himself but others. Rockefeller and his associates owned a lot of different operations. Each one operated in just one state. In 1882, Rockefeller’s lawyers created a form of...
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