clock Miami 19:20 Moscow 02:20
sun Miami +230С Moscow 00С

John Davison Rockefeller - the world's first billionaire

Rockefeller has long been a household name. Everyone knows that he was extremely rich and provided many generations of his descendants, but very few people know exactly what he managed to earn and become famous for. It's time to fill in the gaps - everything about John D. Rockefeller, his life and, of course, money.

Photo: John D. Rockefeller - success story - American ButlerBiography

John D. Rockefeller is the first dollar billionaire in the history of mankind. He lived as long as 97 years, found two centuries (1839–1937), and laid several basic tenets of American entrepreneurship. His children will build the Empire State Building, several of the world's largest charitable centers and industrial facilities of world importance.

John came from an ordinary large family. Since childhood, he was distinguished by a passion for accumulation and was literally every cent. When he was still a teenager, he grew and sold birds and small animals, dug neighbor beds, and from the accumulated money distributed loans at interest, which quickly aroused interest in business. He recorded every income and expense in a special booklet, which he would later call one of the keys to his success.

It was not easy for him to study, it was worth a lot of hard work to go to college. But he soon realized that formal education would not bring him the benefits that he had hoped for. He quit his studies in order to start making money and start his own business.

Rockefeller was a very pious man and got married quite early. He changed several jobs - from an accountant to a trading company manager. But none of them could satisfy his curiosity or the desire to earn more.

John Davison Rockefeller - photo of a picture of a businessman in a modern style - American Butler

Beginning of big business

Standard Oil - John D. Rockefeller's US Oil Company - American ButlerAt the end of 1858, Rockefeller noticed that the demand for kerosene had increased. People began to use the lamp much more often, but because the market for oil production (raw materials for the manufacture of kerosene and other combustible materials) began to grow rapidly. He decides not to join existing companies, but to search for oil on his own.

He establishes Standard Oil hires several specialists and still finds several wells, develops one field after another. But unlike other businessmen, he throws all his strength on the organization of the workflow. And introduces several innovations:

  • gives out to the workers the shares of the company, refusing the salary to motivate to raise the capital of the company
  • expands staff by merging with other companies;
  • establishes contacts with all communication and logistics enterprises, which gradually helps not only to solve minor production problems, but also to bring Standard Oil to the category of supply leaders.

Standard Oil essentially monopolized the market by streamlining the mechanisms of the oil refining industry. With the further development of progress, the demand for fuel only grew, and Rockefeller’s revenues grew accordingly.

The antimonopoly law forced Rockefeller to divide the corporation into 34 small companies, but he did not miss his own. The quality of life for him and his family only grew from year to year.

Photo of John D. Rockefeller's pedestal - billionaire fortune - American Butler

John D. Rockefeller - the state of the rich man

Black and white photo of John Rockefeller with family and children - American ButlerIn terms of the current rate, the state of Rockefeller was about $320 billion. That is, John Rockefeller is the richest man in history. For comparison, the state of Bill Gates, who was considered the richest man of our time, reached only $50 billion.

As a believer Baptist, Rockefeller never regretted money for charity. He is especially grateful to medicine and education - 2 universities were founded with Rockefeller's money, about 50 hospitals were updated, educational courses for the poor and a hospital aid fund were established, which was of great importance during world wars.

Today, the Rockefellers are a symbol of wealth and luxury. People who have changed the thinking and worldview of entrepreneurs around the world have become an icon of how to achieve success. And, of course, it is worth looking at their “footprints” in all states — this is where the architects did not deny themselves anything. Moreover, you can’t think of making it easier - all you have to do is contact American Butler and say you want to see.

We will help not only with detailed travel planning, but also with a transfer, accommodation and many other ideal holiday options.

Just write us by phone number + 1-305-588-7892 or leave a request.
Also read
10.08.2019
The twentieth century was not easy for the whole world. The moods and events of that time were directly reflected in the literature. Much happened in America at that time: the Great Depression, the call… Read more
03.09.2019
The story of fashion designer Ralph Lauren is similar to the template of the beloved American dream: from a poor Jewish family with one closet to all, world-famous, billion-dollar fortune and the most… Read more
18.10.2019
Historians agree that among those who served as president of the United States, there are only a few people who can be considered the most influential. They successfully passed through the country's… Read more
13.07.2019
Mark Zuckerberg - a man who was able to realize the potential and use the conditions around even before 30 years. Of course, it is unlikely that someone will succeed in repeating his professional feats,… Read more
26.03.2019
10 years in prison for dumping trash? Easily, if you threw the packaging from under the laundry detergent in the tank for food waste. More recently, Americans did not want to dig in the trash, but now… Читать еще
15.11.2019
The Guggenheim Museum is more than just a museum. Rather, even the opposite of these classic walls in paintings, with the smell of dust and spotlights. This is one of the most striking cultural centers… Читать еще
14.11.2019
The Christmas Hollywood Parade takes place every year for almost 90 years on the weekend after Thanksgiving in late November. A 3.5-mile route runs along Hollywood and Sunset Boulevards, and there have… Читать еще
13.11.2019
Do you want to live in Miami or just come to the city for a few days and plan to drive a car yourself? Then, in addition to knowledge of specific driving regulations, you should study information about… Читать еще
John D. Rockefeller 5 1 0 0
Sharing:
Comments: 0

scroll to top
Call back
Fill out the form and our specialists will contact you as soon as possible
Ask question
Fill out the form and our specialists will contact you as soon as possible
Property rental
Fill out an application for rental property in Miami and our specialists will contact you shortly.
Buying property
Fill out the form and our specialists will contact you as soon as possible
Property management
Fill out the form and our specialists will contact you as soon as possible
Book a tour
Our experts will make an offer to your request using the following contact details
Car Rental Request
Fill out the form and our specialists will contact you as soon as possible
Book transfer to Miami
Fill out the form and our specialists will contact you as soon as possible
Miami Yacht Charter
Fill out the form and our specialists will contact you as soon as possible
Education in the USA
Fill out the form and our specialists will contact you as soon as possible
Hotel reservation
Fill out the form and our specialists will contact you as soon as possible
Cruises in the USA
Fill out the form and our specialists will contact you as soon as possible
Login | Registration
Sign in via social network
Registration advantages:
  • 1.Receiving discounts and bonuses
  • 2.Comments and ratings
  • 3.Secure payments
  • 4.Payment history
  • 5.Subscribe to news and updates
Registration advantages:
  • 1.Receiving discounts and bonuses
  • 2.Comments and ratings
  • 3.Secure payments
  • 4.Payment history
  • 5.Subscribe to news and updates
Login | Registration
Registration via social network
Registration advantages:
  • 1.Receiving discounts and bonuses
  • 2.Comments and ratings
  • 3.Secure payments
  • 4.Payment history
  • 5.Subscribe to news and updates