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  Rockefeller, John D.
CANDIDATE DETAILS
AffiliationRepublican  
 
NameJohn D. Rockefeller
Address
, New York , United States
EmailNone
WebsiteNone
Born July 08, 1839
DiedMay 23, 1937 (97 years)
ContributorRBH
Last ModifedE Pluribus Unum
Sep 26, 2018 11:24pm
Tags Capitalist -
InfoJohn Davison Rockefeller, Sr. (July 8, 1839 – May 23, 1937) was an American industrialist and philanthropist. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy. In 1870, Rockefeller founded the Standard Oil Company and ran it until he retired in the late 1890s. He kept his stock and as gasoline grew in importance, his wealth soared and he became the world's richest man and first U.S. dollar billionaire. Rockefeller is often regarded as the richest person in history.[1][2][3][4]

Standard Oil was convicted in Federal Court of monopolistic practices and broken up in 1911. Rockefeller spent the last forty years of his life in retirement. His fortune was used to create the modern systematic approach of targeted philanthropy with foundations that had a major effect on medicine, education, and scientific research. His foundations pioneered the development of medical research, and were instrumental in the eradication of hookworm and yellow fever. He was a devout Northern Baptist and supported many church-based institutions throughout his life.

Always avoiding the spotlight, Rockefeller was remembered for handing dimes to those he encountered in public. Married in 1864, Rockefeller outlived his wife Laura Celestia ("Cettie") Spelman. The Rockefellers had four daughters and one son (John D. Rockefeller, Jr.). "Junior" was largely entrusted with supervision of the foundations.


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FAMILY
Son John D. Rockefeller, Jr. 1874-1960
Grandson John D. Rockefeller, III 1906-1978
Grandson Nelson A. Rockefeller 1908-1979
Grandson Laurance Spelman Rockefeller 1910-2004
Grandson Winthrop Rockefeller 1912-1973
Grandson David Rockefeller 1915-2017

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