When the American businessman, John Rockefeller, the world's richest man, 86, wrote in his memoirs about life: "At first, I thought of my work as a game." My life was like a happy holiday filled with work and play, and the Lord was generous to me every day. "These words were a summary of Rockefeller's life, which began much earlier.
He died at the age of 98, following a severe heart attack. His family is more than 300, one of the richest families in the United States so far, the famous American businessman John Rockefeller.
In 1839, John Rockefeller, one of the richest people in the world, was born in Richmond, New York. He inherited his passion for money from his father, who earned money from fraud, while he inherited religion from his mother, a conservative lady who nursed her children and prayed to the father who worked away, according to the documentary "John Davidson Rockefeller the richest man in the world."
Rockefeller tried to make money from childhood. He used to take sweets and put them in bags and then sell them to his brothers. He did not do his traditional homework. He also made extra money from raising cockroaches and selling them to parents and neighbors. He even collected his share of money , Puts it in his small iron cabinet, and quickly lent it to the mother with financial interest.
At the age of 16, the family moved to Cleveland. Rockefeller enrolled there at the Graduate School of Business, where he studied business books and, in the same city, got his first job as a financial accountant.
The Rockefeller Youth was full of work, as the above-mentioned documentary described it. He did not smoke, and maintained his health. After three years of graduation, he put $ 4,000 in a brokerage firm, which coincided with the Civil War. The golden age of speculators, when hundreds of thousands of Americans perished on battlefields, Rockefeller accounts and funds doubled.
Rockefeller pointed out that kerosene lamps were lit every evening in every American home. In 1863 he founded the first oil refinery with a friend. Four years later he founded an oil company and together they built an oil refining plant in kerosene. A year later, he bought his partner's share and became the sole owner.
In 1872, he held a secret agreement with the director of the railways, where Rockefeller agreed to charge kerosene drums at low transportation costs, enabling him to sell kerosene in many parts of the United States.
In 1873, the recession led to the collapse of the stock market. Rockefeller benefited from the situation and bought 22 out of 26 stations in eastern Ohio, enabling him to set up Standard Oil of Ohio. He has deliberately described his company as "standard", that is, the quality or density of the kerosene itself, which it receives from all refineries it owns, according to "life".
In 1877, Rockefeller supervised 90 per cent of the oil refining process in the United States as a whole, and because of its twisted methods, the journalists called it the Devil of Cleveland. The US Supreme Court decided to split Standard Oil into 34 separate companies, and the prices of new companies jumped to the top.
With the spread of electricity, Rockefeller knew that the role of kerosene in lighting would end, prompting scientists to discover other oil derivatives that could be used to perform other functions other than lighting. Thus gasoline was discovered as fuel for engines, whose fuel was previously coal to create Steam.
Rockefeller began using gasoline to run Rockefeller oil refining plants, echoing his saying always, "The Lord will help me." He also said that "the Lord gave him money, and he will keep it" until World War I began and oil was used in warships.
In 1918, the wealth of Rockefeller was estimated at about $ 2 billion based on federal income tax, according to the New York Times obituary. Its total wealth was roughly equivalent to about 2 percent of the US economic output and was later estimated at $ 341 billion In 2014
Rockefeller was also a family life. In 1864, he married a woman named Kitty with four children, who said, "I always had a better relationship with me." Without her advice, I was a poor man.
John Rockefeller has for centuries been considered the richest man in the world for many years. Standard Oil achieved 3 million profit per year. He also owned 16 railway companies, 6 steel plants, 9 real estate companies, 6 freight companies, 9 banks and 3 Orange Orchards, to the extent that his wealth was said to have been rising while he was asleep. John remained strong during his old age. He became fond of sport, learned golf and mastered cycling.
In 1937, Rockefeller died, with a fortune of between $ 400 billion and $ 600 billion, and whether it was closer to $ 400 billion or more than little or much. Was an astronomical treasure of one man, leaving a huge empire in addition to large institutions such as Rockefeller Medical Research, University of Chicago, where the Rockefeller family continues to dominate the US oil market.
It is reported that the children and grandchildren of John David Rockefeller spent more than 90% of the wealth they inherited in charity, and considered the public service a duty to be done honestly and impartially, free of charge or in return.