Wednesday, May 29, 2019
Rockefeller :: Free Essay Writer
Rockefeller            John Davison Rockefeller, a U.S industrialist was the founder of the infamous Standard Oil Company, through which he dominated the U.S  rock oil industry in the late 19th century and early 20th century and created the first major  profession trust in the United States of America. His business trust made him the world first billionaire .he also created a lot of controversies and opposition because of his business practices and form of organization especially from the US government. Together  being a billionaire Rockefeller was one of the first major philanthropists in the U.S establishing several important foundations and donating a total of $540million to charitable purposes.             Rockefeller was born on 8th July 1839 on a farm at Richford, in Tioga County, New York. He was second of the six children of William A. and Eliza (Davison) Rockefeller. The family lived in modest circumstances. The family moved to Owergo, New York and then headed west to Ohio i   n 1853. The Rockefellers bought a house in Strongville , Moravia near Cleveland. John entered Central High School in Cleveland where he rented a room in the city and  get together the Erie Street Baptist church he was very active in its affairs and became a trustee of the church at the age of 21.              Rockefeller left high  nurture in 1855 in order to take up a business  guide at Folsom Mercantile College. After completing the six month course in three months and after looking  for a job  for six weeks he landed a job as an assistant bookkeeper  with Hewitt  & Turtle , a small firm of commission  merchants and produce shippers .He was not paid  his salary for three moths when Hewitt gave him $50 ($3.57a week) and told him that his salary will be increased  to $25 a month. A few months later he attained the position of the cashier and bookeeper.              In 1859, with $1000 he had saved and another $1000 borrowed from his father  at a rate  10% per annum, he formed a part   nership in the commission business with a British Immigrant, Maurice B.  
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