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Born in Richford, New York
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He started to look for a job.
After months of looking for a job, he finally got a job as an assistant bookkeeper for Hewitt & Tuttle. -
Started Clark & Rockefeller Co.
He and his friend Maurice Clark started a company that sold hay and grain. http://www.freeinfosociety.com/article.php?id=64 -
He started a business called Andrews, Clark & Company
He made this company very efficient by making the business manufacture almost all the supplies it needed. -
He gained complete control of Andrews, Clark & Company
He bought out the shares owned by the Clark brothers for $72500. He also brought in his brother William to help him expand the business by creating more refineries. -
Henry Flagler joined the business and it became Rockefeller, Andrews & Flagler Co.
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Rockefeller, Andrews & Flagler Co. became the largest refiner in the world
Along with Rockefeller, Andrews & Flagler Co. being the largest refiner in the world, it also was highly efficient. -
They formed the Standard Oil Company
John held the majority share in the company. They also began buying out other companies to make Standard Oil a huge corporation. -
The company continued to grow.
90% of the refining in the US was done by Standard Oil. -
His work began to take a toll on him, so he retired
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His wealth peaked at $900 million
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He donated some of his wealth to many organizations
He donated this money to the University of Chicago, founded the Rockefeller Foundation for education, founded the Rockefeller Institute for medical research, and founded the Rockefeller Sanitary Commission. -
He died
He is now known as one of the most successful businessmen in history
