Cómo se convirtió John D. Rockefeller en la persona Más Rica de la Historia 💰

John Davison Rockefeller faced economic hardships in his family, leading him to start working at a young age to support his mother and siblings. He started a small food trading business at 18 and entered the emerging industry at 24.

Rockefeller saw a significant opportunity in the oil industry in 1863 when he recognized the potential for profit in oil extraction and commercialization. He founded the Andrews Clark Tank Company and later formed Standard Oil Company.

Rockefeller aggressively expanded Standard Oil, leading to a monopoly in the oil industry by controlling refining, distribution, and marketing. His business tactics, including cost advantages and acquisitions, solidified his dominance.

Rockefeller faced legal challenges under the Sherman Anti-Trust Act, resulting in the breakup of Standard Oil Company in 1911. This led to the formation of multiple independent oil companies, including Exxon and Chevron.

Despite the legal issues, Rockefeller's wealth grew, making him the richest person globally. He dedicated his fortune to philanthropic causes, contributing to education, public health, and various charitable endeavors.

Rockefeller's legacy includes controversy over his business practices and philanthropic efforts. He faced criticism for unethical medical experiments but also made significant contributions to society.