John D. Rockefeller

Stock analysis for ConocoPhillips (COP:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

Retrieved July 19, Rogers , who built the Virginian Railway. Expansive Geldpolitik ist genau richtig. The committee counsel, Simon Sterne , questioned representatives from the Erie Railroad and the New York Central Railroad and discovered that at least half of their long-haul traffic granted rebates, and that much of this traffic came from Standard Oil. The general result of the investigation has been to disclose the existence of numerous and flagrant discriminations by the railroads in behalf of the Standard Oil Co.

Chapter 18: Conclusion

The History of the Standard Oil Company - Ida M. Tarbell's exposee of Standard Oil - extract Chapter Conclusion Contempt proceedings begun against the Standard in Ohio in for not obeying the court's order of to dissolve the Trust - Suits begun to oust four of the Standard's constituent companies for violation of Ohio Anti-trust.

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Find them online search for "discount brokers" or in your phone directory "stock and bond brokers". Not Helpful 5 Helpful You can sell some of the shares of a stock you own.

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Bull means a rising market, while bear means a falling market. If you have trouble remembering which is which, just keep in mind: The primary market is where new stocks are traded. The secondary market is where previously existing and previously traded stocks are traded. Find a few markets to specialize in and educate yourself about those markets.

Learn about the latest developments and try to guess trends. Don't trade on your guesses, however, until you've demonstrated a talent for making good ones. Warnings Never jeopardize the money you use to support yourself or your family.

Set aside money specifically for stocks. Don't dip into family funds. Article Summary X To trade stocks, sign up for a stock-trading website so you can easily trade online. Did this summary help you? Financial Stocks In other languages: Did this article help you? Cookies make wikiHow better. By continuing to use our site, you agree to our cookie policy. Thanks for letting us know. Shell kürzt wegen Rhein-Niedrigwasser Produktion in Raffinerien.

Mitarbeiter in Taiwan sollen für China spioniert haben. Neues Jahr, neues Glück - Hyundai verfehlt Absatzziel und hofft auf Zur Rose hat Übernahme von Medpex abgeschlossen.

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Mobilfunker Softbank enttäuscht bei Mega-Börsengang in Japan. Innogy-Tochter bleibt ohne Partner und vermiest die Bilanz.

Welt Europa Amerika Asien. Das Angebot ist zeitlich begrenzt, vom 7. Meine letzten Aufruf Populärste Aktien. Erstellen Sie ihre eigene Watchlist. Aktien, Kurse und Nachrichten Best tweets. Expansive Geldpolitik ist genau richtig Die kompletteste Börsenseite Europas: Samsung erwartet deutlichen Rückgang beim operativen Gewinn. Ghosn weist vor japanischem Gericht Anschuldigungen zurück.

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Intel will 5G-Funkstationen erobern. Toyota bietet sein Fahrassistenzsystem Konkurrenten an. Nomura senkt Ziel für Alphabet auf Dollar - 'Buy'. Money making was considered by him a God-given gift. A devout Northern Baptist, Rockefeller would read the Bible daily, attend prayer meetings twice a week and even led his own Bible study with his wife. His philosophy of giving was founded upon biblical principles.

He truly believed in the biblical principle found in Luke 6: A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you. Rockefeller would support Baptist missionary activity, fund universities, and heavily engage in religious activities at his Cleveland, Ohio church. While traveling the South , he would donate large sums of money to churches belonging to the Southern Baptist Convention , various Black churches , as well as other Christian denominations.

One time, he paid for a slave's freedom and donated to a Roman Catholic orphanage. As he grew rich, his donations became more generous, especially to his church in Cleveland; nevertheless, it was demolished in , and replaced with another building. At the height of Rockefeller's power as monopolist there began rumors that the family guarded an "embarrassing secret". Bill, who traveled as a mountebank across the country, sometimes a glad-handing huckster or occasionally as " herbal doctor ", although he had no legitimate medical training, abandoned his family around , but remained legally married to Eliza up to her death.

Allen — , without issue. He died in and his tomb was paid from the property of his second wife. Rockefeller's charitable giving began with his first job as a clerk at age 16, when he gave six percent of his earnings to charity, as recorded in his personal ledger.

By the time he was twenty, his charity exceeded ten percent of his income. Much of his giving was church-related. Rockefeller attended Baptist churches every Sunday; when traveling he would often attend services at African-American Baptist congregations, leaving a substantial donation. He was advised primarily by Frederick Taylor Gates [] after , [] and, after , also by his son. He was allegedly influenced [ dubious — discuss ] by a meeting in with Swami Vivekananda , who urged him to use more of his philanthropy to help poor and distressed people.

Rockefeller believed in the Efficiency Movement , arguing that: Rockefeller and his advisers invented the conditional grant, which required the recipient to "root the institution in the affections of as many people as possible who, as contributors, become personally concerned, and thereafter may be counted on to give to the institution their watchful interest and cooperation". The Spelman Family, Rockefeller's in-laws, along with John Rockefeller were ardent abolitionists before the Civil War and were dedicated to supporting the Underground Railroad.

The oldest existing building on Spelman's campus, Rockefeller Hall, is named after him. Rockefeller's General Education Board , founded in , [] was established to promote education at all levels everywhere in the country.

On Gates' advice, Rockefeller became one of the first great benefactors of medical science. It changed its name to Rockefeller University in , after expanding its mission to include graduate education. His General Education Board made a dramatic impact by funding the recommendations of the Flexner Report of The study had been undertaken by the Carnegie Foundation for the Advancement of Teaching.

Rockefeller created the Rockefeller Foundation in [] to continue and expand the scope of the work of the Sanitary Commission, [] which was closed in In the s, the Rockefeller Foundation funded a hookworm eradication campaign through the International Health Division.

This campaign used a combination of politics and science, along with collaboration between healthcare workers and government officials to accomplish its goals. Rockefeller's fourth main philanthropy, the Laura Spelman Rockefeller Memorial Foundation, was created in Rockefeller became well known in his later life for the practice of giving dimes to adults and nickels to children wherever he went. He even gave dimes as a playful gesture to wealthy men, such as tire mogul Harvey Firestone.

Henry Flagler , one of the co-founders of Standard Oil along with Rockefeller, bought the Ormond Hotel in , located in Ormond Beach, Florida , two years after it opened. Flagler expanded it to accommodate guests and the hotel soon became one in a series of Gilded Age hotels catering to passengers aboard Flagler's Florida East Coast Railway.

Rockefeller, who first stayed at the hotel in Rockefeller liked the Ormond Beach area so much that after four seasons at the hotel, he bought an estate in Ormond Beach called The Casements.

It would be Rockefeller's winter home during the latter part of his life. Sold by his heirs in , it was purchased by the city in and now serves as a cultural center and is the community's best-known historical structure. Rockefeller had a long and controversial career in the oil industry followed by a long career in philanthropy. His image is an amalgam of all of these experiences and the many ways he was viewed by his contemporaries. These contemporaries include his former competitors, many of whom were driven to ruin, but many others of whom sold out at a profit or a profitable stake in Standard Oil, as Rockefeller often offered his shares as payment for a business , and quite a few of whom became very wealthy as managers as well as owners in Standard Oil.

They include politicians and writers, some of whom served Rockefeller's interests, and some of whom built their careers by fighting Rockefeller and the " robber barons ". Biographer Allan Nevins , answering Rockefeller's enemies, concluded:. The rise of the Standard Oil men to great wealth was not from poverty. It was not meteor-like, but accomplished over a quarter of a century by courageous venturing in a field so risky that most large capitalists avoided it, by arduous labors, and by more sagacious and farsighted planning than had been applied to any other American industry.

The oil fortunes of were not larger than steel fortunes, banking fortunes, and railroad fortunes made in similar periods. But it is the assertion that the Standard magnates gained their wealth by appropriating "the property of others" that most challenges our attention. We have abundant evidence that Rockefeller's consistent policy was to offer fair terms to competitors and to buy them out, for cash, stock, or both, at fair appraisals; we have the statement of one impartial historian that Rockefeller was decidedly "more humane toward competitors" than Carnegie ; we have the conclusion of another that his wealth was "the least tainted of all the great fortunes of his day.

Hostile critics often portrayed Rockefeller as a villain with a suite of bad traits—ruthless, unscrupulous and greedy—and as a bully who connived his cruel path to dominance. Economic historian Robert Whaples warns against ignoring the secrets of his business success:. Biographer Ron Chernow wrote of Rockefeller: What makes him problematic—and why he continues to inspire ambivalent reactions—is that his good side was every bit as good as his bad side was bad.

Seldom has history produced such a contradictory figure. Rockefeller is largely remembered simply for the raw size of his wealth. His wealth continued to grow significantly in line with U.

According to the New York Times obituary, "it was estimated after Mr. This was probably the greatest amount of wealth that any private citizen had ever been able to accumulate by his own efforts. Rockefeller, aged 86, penned the following words to sum up his life: I was early taught to work as well as play, My life has been one long, happy holiday; Full of work and full of play— I dropped the worry on the way— And God was good to me everyday.

Correspondence of John D. Rockefeller and John D. From Wikipedia, the free encyclopedia. For other people named John D. Rockefeller, see John D. Richford, New York , U. Laura Celestia Spelman m. William Avery Rockefeller Eliza Davison. This section does not cite any sources. Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. November Learn how and when to remove this template message. There are various estimates, but most of them fluctuate between and billion USD.

Some sources claim extreme figures such as billion or billion, but most reliable sources give estimates in billion range. Both percentages were converted into fractions. All the Money in the World. Retrieved May 4, Retrieved March 25, The New York Times.

The story of the Rockefeller Foundation. The Rockefeller Foundation Hookworm: Archived from the original on Rockefeller - Tim Challies". Rockefeller, empire builder , Silver Burdett, pp. Federal Reserve Bank of Minneapolis.

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Retrieved August 28, Titan [ The Life of John D. The life of a virus: The University of Chicago Press. Ramakrishna Mission Institute of Culture.

Retrieved January 14, Oil Baron and Philanthropist. A Sense of history: Rockefeller, Carnegie, and Canada: American philanthropy and the arts and the arts and letters in Canada. Encyclopedia of African-American education. Encyclopedia of American Education: Forgotten people, forgotten diseases: The Johns Hopkins University Press. Rockefeller philanthropy and modern biomedicine: The legitimacy of philanthropic foundations: