J.D. Rockefeller Life Timeline

By lomanov16
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    John. D Rockefeller Life Timeline

  • Cleveland Business College (Diplomatic Events)

    Rockefeller attends Business College in Cleveland to learn more about what he wants to be

  • Expanding Chaitable Giving (Diplomatic Event)

    Rockefeller expands his charitable giving such as an African-American church, also to a foreign Sunday School

  • Cleveland Rifinery (Social Event)

    Rockefeller buys out partners for $72,500 and establishes largest Cleveland refinery to make kerosene for
    lighting and oil for lubricating.

  • Opening of Standard Oil Company (Social Event)

    Rockefeller forms Standard Oil Company of Ohio with $1 million, gains control of area oil refining facilities.

  • SIC (Political Event)

    The SIC eliminates competition and makes the small oil companies to go bankrupt Rockefeller buys more than 20 Refineries in Cleveland

  • Wasteful Production (Political Event)

    Rockefeller expresses concern over loss of jobs and unbridled competition in oil refinery business.

  • Stock Market Crash (Political Event)

    Stock market crashes and sets off six-year economic downturn. Rockefeller absorbs refineries in Pittsburgh, Philadelphia, New York and Pennsylvania.

  • Pipelines (Economic Event)

    Rockefeller buys pipeline systems and direct marketing offices

  • Standard Oil Company (Economic Event)

    Rockefeller and his Standard Oil Company control 95% of U.S. oil refineries.

  • Anti Monopoly (Social Event)

    Anti-monopoly sentiment grows across the United States or dominating Oil Companies and other Companies including in Monopoly

  • Sherman Anti Trust Act (Political Act)

    Sherman Antitrust Act passed, outlawing trusts and combinations in trade. Rockefeller argues that Standard Oil Trust is not monopoly when measured against world market.

  • Establishment of University of Chicago (Social Event)

    Rockefeller makes the University of Chicago, receives $35 million from him. Support of the new University is Rockefeller’s first major, hires Frederick Gates to oversee his philanthropic endeavors.

  • Standard Oil Trust (Political Event)

    Ohio Supreme Court dissolves Standard Oil Trust and separates its 38 different companies.

  • Plans for Gas And Cars (Economic Events)

    Henry Ford begins plans for manufacturing automobiles, creating huge demand for gasoline. Rockefeller retires from active Standard Oil leadership, but still is President.

  • Assasination (Political Event)

    President McKinley assassinated. Theodore Roosevelt, vehemently opposed to trusts, becomes President.

  • GEB (Social Event)

    Rockefeller creates General Education Board another endowed philanthropic foundation, to promote education in the South

  • Law Suit (Political Event)

    Federal government brings lawsuit against Standard Oil for its monopoly actions.

  • HookWorm (Cultural/Technological Event)

    Rockefeller gives money to a campaign to eliminate hookworm disease in the South.

  • WWI Starts ( Military Event)

    World War I begins and the Rockefellers donate millions to international relief.

  • Hookworm (Cultural/ Technological Event)

    1927: Hookworm disease has been cured.