John D. Rockefeller Quotes
A collection of quotes by John D. Rockefeller.
John D. Rockefeller (1839-1937) was an American industrialist and philanthropist, widely regarded as one of the most influential figures in shaping the modern oil industry. Born in Richford, New York, Rockefeller grew up in a modest household but quickly displayed an entrepreneurial spirit. In the late 1850s, he ventured into the oil business, establishing the Standard Oil Company in 1870.
Under Rockefeller's leadership, Standard Oil became an incredibly successful and dominant force in the oil industry. Rockefeller employed various cost-cutting and efficiency measures, as well as aggressive business practices, which eventually led to the company controlling nearly 90% of the American oil market. In 1911, due to concerns over monopolistic practices, the U.S. Supreme Court ruled that Standard Oil should be broken up into smaller companies.
Throughout his life, Rockefeller became known for his immense wealth, estimated to be one of the largest ever amassed. However, he also gained recognition for his significant philanthropic activities. Having adopted the practice of systematic giving, he donated vast sums of money to various educational, medical, and scientific institutions. His most notable philanthropic endeavor was the establishment of the Rockefeller Foundation, a charitable organization dedicated to promoting public health, scientific research, and education.
John D. Rockefeller's business acumen and philanthropic efforts left an indelible mark on American history. His contributions to the oil industry and his commitment to giving back have solidified his place as one of the most important and influential figures of the late 19th and early 20th centuries.
