Thursday, February 3, 2011

Rockefeler

  • they were a very wealthy family
  • they were criticized harshly by people for they had become wealthy
  • there was more drunken people in oil towns then anywhere else in the world
  • John Davis Rockefeller was born in 1839
  • John's dad was a crook and slept around
  • Ledger A is where he recorded every penny going in and out
  • in 1865 he went into a partner ship that had to do with oil
  • he understood that the bigger the company the cheaper the costs, therefore the bigger the profit
  • he was more concerned about how much he saved then what he made
  • by the 70's he was a multi-millionaire
  • he married some chick in 1864
  • he made a college for black woman in Atlanta in the 80's
Summary: John D. Rockafella was the first millionaire in american history and he set the gold standard for businessmen/woman around the world. He gave back as much as he could and in the end did the best thing for him and his family. His son was the more philantrophic one.

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