1925.01.19 - TIME Magazine - John Davison Rockefeller
Source:
time.com/vault/issue/1925-01-19/page/1/
John Davison Rockefeller was the first billionaire! Indeed, his estimated $1.4 billion net worth in 1937 was equivalent to 1.5% of U.S. GDP!! According to this metric he was (and still is) the richest individual in American business and economic history.
Nicholas, Tom, and Vasiliki Fouka. "John D. Rockefeller: The Richest Man in the World." Harvard Business School Case 815-088, December 2014. (Revised March 2018.)
“John Davison Rockefeller Sr. (July 8, 1839 – May 23, 1937) was an American business magnate and philanthropist. He was one of the wealthiest Americans of all time and one of the richest people in modern history. Rockefeller was born into a large family in Upstate New York who moved several times before eventually settling in Cleveland, Ohio. He became an assistant bookkeeper at age 16 and went into several business partnerships beginning at age 20, concentrating his business on oil refining. Rockefeller founded the Standard Oil Company in 1870. He ran it until 1897 and remained its largest shareholder. In his retirement, he focused his energy and wealth on philanthropy, especially regarding education, medicine, higher education, and modernizing the Southern United States….”
en.wikipedia.org/wiki/John_D._Rockefeller
An excellent one-page bio can be found here:
blogs.loc.gov/inside_adams/2020/01/rockefeller-billionaire/
And, if you are so inclined, here’s a 12-minute biography:
www.youtube.com/watch?v=panTYqj5QHE
Finally, here’s a clip of the iconic figure on his 93rd birthday:
www.youtube.com/watch?v=N0DuV1wpDhY
1925.01.19 - TIME Magazine - John Davison Rockefeller
Source:
time.com/vault/issue/1925-01-19/page/1/
John Davison Rockefeller was the first billionaire! Indeed, his estimated $1.4 billion net worth in 1937 was equivalent to 1.5% of U.S. GDP!! According to this metric he was (and still is) the richest individual in American business and economic history.
Nicholas, Tom, and Vasiliki Fouka. "John D. Rockefeller: The Richest Man in the World." Harvard Business School Case 815-088, December 2014. (Revised March 2018.)
“John Davison Rockefeller Sr. (July 8, 1839 – May 23, 1937) was an American business magnate and philanthropist. He was one of the wealthiest Americans of all time and one of the richest people in modern history. Rockefeller was born into a large family in Upstate New York who moved several times before eventually settling in Cleveland, Ohio. He became an assistant bookkeeper at age 16 and went into several business partnerships beginning at age 20, concentrating his business on oil refining. Rockefeller founded the Standard Oil Company in 1870. He ran it until 1897 and remained its largest shareholder. In his retirement, he focused his energy and wealth on philanthropy, especially regarding education, medicine, higher education, and modernizing the Southern United States….”
en.wikipedia.org/wiki/John_D._Rockefeller
An excellent one-page bio can be found here:
blogs.loc.gov/inside_adams/2020/01/rockefeller-billionaire/
And, if you are so inclined, here’s a 12-minute biography:
www.youtube.com/watch?v=panTYqj5QHE
Finally, here’s a clip of the iconic figure on his 93rd birthday:
www.youtube.com/watch?v=N0DuV1wpDhY