John D. Rockefeller

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John D. Rockefeller

A famous American industrialist. He started his career in foodstuffs, but constructed an oil refinery with a partner in 1859. He co-founded Standard Oil in 1870, and by 1880 had virtually monopolized oil refining in the United States. He was known for his heavy-handed business tactics, including corporate espionage and buying out competitors. Rockefeller's supporters contend that he improved efficiency and made oil accessible to the general public in the age of industrialization. His critics claim that he hurt small businesses and was guilty of unethical business dealings. In later life, he became a noted philanthropist. He lived from 1839 to 1937, and is regarded as perhaps the richest person who ever lived.
References in periodicals archive ?
Slim makes John Rockefeller, whose fortune at its peak was but 2.
Senate Commerce, Science and Transportation Committee Chairman John Rockefeller, in a letter to the company, asked for information about its handling of the small business group health insurance market and whether it dropped those whose employees made numerous and costly benefit claims.
An even richer man, John Rockefeller, was also a cunning art collector and his wife was at the origin of New York's Museum of Modern Art.
When GM cited 2,000 dealerships that would have to be eliminated, John Rockefeller, the Democratic chairman of the commerce committee, expressed "concern.
The wealthy excelled in the Trust supervisory committees, like John Rockefeller in oil.
On the other hand, Senate Intelligence Committee Chairman John Rockefeller (D-W.
The three sections and 18 chapters are organized chronologically and feature people such as John Rockefeller, Theodore Roosevelt, W.
The bipartisan proposal was reportedly made by Senators Johnny Isakson, a Republican from Georgia, and John Rockefeller, a Democrat from West Virginia.
Senator John Rockefeller said: "The administration at all levels and Congress used bad information to bolster a case for war.
Vice-chairman Senator John Rockefeller added: 'We would not have authorised the war if we had known what we know now.
John Rockefeller IV (D-WV), who opposed the Senate bill when it passed the Senate Finance Committee and when it passed the Senate, said he expects the actions of the pharmaceutical companies to anger seniors and "come election time, everything's going to come home to roost.
John Rockefeller that he hopes to see the bilateral row resolved as soon as possible ''peacefully, through diplomatic channels.