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The Life Of John D. Rockefeller

807 words - 4 pages

On July 8th 1839, John D. Rockefeller was born. He lived to be one of the wealthiest men to ever live. To get to this position in life, he was, in a way, ruthless. He ran the biggest monopoly ever known to man at that time. This was the reason why most people could have considered him to be ruthless, but I see it as how great of a business man he was. He was generations ahead of his time with the way he handled his business. I’m not condoning what he did, but at the same time I’m extremely impressed with how well it was pulled off. John D. Rockefeller was, and will be one of the greatest business men to ever live. Starting from his faith to the way he handled his business, made him unique, and because of this he was successful.
John D. Rockefeller didn’t start off his life exactly well to do. Being the second of six children, he grew up in a meager house hold. His parents were William Avery Rockefeller and Eliza Davison. His father wasn’t really around that much, so he was mostly raised by his mother. He was brought up to be strong in his faith as a Baptist, and even help positions at his church. In 1864, John D. Rockefeller married Laura C. Spelman who was also a Baptist like himself. With his wife, John had one son, John D. Jr, and four daughters. After a long life, John died on May 23rd, 1937, at the age of 97 years old.
In 1859, John made is first commissions firm with a partner. Then in 1863, John and several partners entered the oil business. They invested in a Cleveland refinery. At this point in time, the oil business was new, and booming. Two years later John bought out his partners part in the refinery with some money he had borrowed. Over this period of time, the Cleveland refinery which he owned, had become that largest in Cleveland. Over the next couple of years he got new partners, worked on expanding his oil business, but then in 1870, he created the Standard Oil Company of Ohio.
John D. Rockefeller started this new company with his younger brother, Hennery Flagger, and some other men. John, being the business man that he is, made sure that he not only owned the biggest share in the company, but was also the president of it. As the years went by, he...

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