John D. Rockeffeller

• Student voted most likely to succeed.
• His grandfather was known as the world's first billionaire.
• his family was criticized for their reputation.
• With little capital, anyone could strike it rich with oil.
• John Davidson Rockefeller wanted to control things his own way, and wanted to rationalize them.
• Rockefeller created Ledger A counted every penny coming in, and every penny going out.
• in 1865, he went into a partnership with Samuel Andrews.
• $100,000 driller--> refiner
• the cheaper it costs, the greater it's profits.
• the company grew by building up refineries.
• bought out competition by offering his stock.
• never lost his deep commitment to religion.
• Rockefeller in 1882 moved his company to New York.
• paid for a black woman's freedom
• established a college for black women in Atlanta.
• In 1889, he donated $600,000 to a college.
• the only reason he gave lots of money because he had a sense of responsibility to use his money intelligently.
• he became the perfect example of capitalism gone mad.
• Roosevelt was a big enemy of the big business trust.
• in 1909, the Supreme Court came in to bring the Standard oil down.
• 34 different companies were created out of Standard Oil, and John D. got a piece of every one of them.
• He had become so despised, he hired Ivy Lee to change him into a "sympathetic figure" to the public.
• Rockefeller became to be known as the man who gave out dimes.
• handed over his business affairs to his son Rockefeller Jr.
• Rockefeller Jr. was required to keep a ledger.
• Rockfeller's wife refused to keep a ledger after he suggested it to her.
• In the early 1900's, Rockefeller Jr. had a nervous breakdown and eventually gave up his work.
• 75 in total were killed in the "Rockefeller War"
• Rockefeller Jr. visited all of the camps and brought improvement to the mines.
• May 23 1957, Rockefeller died.
• Jr. believed that every plant, every rock etc. had their own spirit.
• 1948 Abby Rockefeller died of a stroke.
• John D. Rockefeller Jr. died in 1960.
• All of John D. Rockefeller Jr.'s children became very successful.
• No other family in America has come close to establish the same power as the Rockefeller's.

What I learned:

Rockefeller became one of the most successful people in all of history. Although he was given a bad reputation, Rockefeller rose above it and still continued to be successful and was the first billionaire in all of America. With the help of oil and the branches of it such as Sohio and Chevron, Rockfeller received his own portion of the income from these companies, making him even more rich with his business. Therefore, I have learned that there are many aspects of business, and anyone can be successful even with a bad reputation.