The Rockefeller Family - Profile |
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Rockefeller Oil
Empire : American Oil family
Famous for :
Being one of the wealthiest and most powerful
families in the United States of America.
Their great wealth came through oil and
the ruthless business strategies of John
D Rockefeller.
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Oil Empire - Rockefeller Dynasty
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Biography - Information |
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The
Rockefeller Oil Empire
began with John D. Rockefeller and
his Standard Oil company. John Davison
Rockefeller I and his brother William
and several other investors founded the
Standard Oil company and aggressively
monopolized the petroleum industry. The
company was eventually forced to breakup
into 34 different companies, with several
of them still in existence today. It was
estimated that in 2007 dollars John Rockefeller's
fortune would have been valued at $328.4
billion USD but estimates of his worth
vary widely with some publications quoting
figures as high as US$663 billion in adjusted
value. What is reasonably certain though
is that John D. Rockefeller is the richest
man to have lived in the United States
when one takes inflation into consideration.
The Rockefeller patriarch also started
the family tradition of giving very large
sums of money away to support a wide range
of causes. The Rockefeller family and
its many philanthropic foundations and
trusts continue to support organizations
involved in education, medicine, the arts
and many other causes.
See more oil
magnates or Americans
online.
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