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July 8, 1839 – May 23, 1937
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He became an assistant bookkeeper at age 16
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Made group partnership William Rockefeller, Henry Flagler, chemist Samuel Andrews, silent partner Stephen V. Harkness, and Oliver Burr Jennings
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Rockefeller gets married in 1864.
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Kerosene price to drop from 58 to 26 cents from 1865 to 1870.
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founded the Standard Oil Company in 1870
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In 1872, Rockefeller joined the South Improvement Co.
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On January 2, 1882, they combined their disparate companies.
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Exxon is founded in August 5, 1882 as a smaller branch of Standard Oil. (Later merges with Mobil to become ExxonMobil)
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In the 1890s, Standard Oil began marketing kerosene to China to use as lamp fuel.
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John Dustin Archbold was left in control of the business so Rockefeller could concentrate on philanthropy after 1896.
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Standard Oil controlled 91% of oil refinement and 85% of final sales in the United States by 1904.
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The book The History of the Standard Oil Co written by Ida M. Tarbell gets published in 1904
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Socony is an oil company in the middle east in places like Palestine. (Later combines into Mobil)
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The Supreme Court ruled in 1911 that Standard Oil must be dismantled for violation of federal antitrust laws.
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Mobil Oil is founded due to Standard Oil Co. being broken up.
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Rockefeller's personal wealth was estimated in 1913 at nearly a billion dollars
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Standard Oil could have possibly been worth more than $1 trillion in the 2000s.