Rockefeller is Born  July 8, 1839- John D. Rockefeller is born in Richford, New York to William and Eliza Rockefeller.

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Presentation transcript:

Rockefeller is Born  July 8, John D. Rockefeller is born in Richford, New York to William and Eliza Rockefeller.

Childhood  Father moves the family to Owego, New York, following allegations of rape.

Schooling  John D. Rockefeller drops out of high school and enters a professional school.

“Job Day”  September 26, John D. Rockefeller gets his first job, he would celebrate this day for rest of his life.

Civil War  Civil War begins, at first hurt the oil industry but eventually would make Rockefeller a very rich man.

The Start of Oil  Rockefeller gets into the oil business starts out in Cleveland, Ohio.

Marriage  September 8, John D. Rockefeller marries Laura Celestia Spelman.

Rockefeller becomes a Father  Laura gives birth to John’s first son. John D. Rockefeller owns the largest refinery in Cleveland.

The Largest Corporation  Rockefeller founds Standard Oil of Ohio which is the largest corporation in America.

Scandal  Rockefeller is tainted by the scandal surrounding the South Improvement Company scheme, a secret alliance between major refiners and the railroads.

The Beginning of a Monopoly  A Depression hits the United States but Standard Oil takes advantage and takes over companies in Pittsburgh, Philadelphia, New York, and Pennsylvania's Oil Region.

Oil Refineries  Rockefeller at age 38 owns about 90% of all the oil refined in the United States.

Efficiency  Standard Oil makes its business more efficient and therefore undersells all of its competitors.

Globalization  Mid 1880’s- Standard Oil starts to sell Globally, and eventually sells more to other countries than they do the United States.

 John D. Rockefeller has to go to the stand and gives his testimony after an investigation has been done on Standard Oil.

Retirement  Rockefeller decides to retire from Standard Oil gradually and didn’t want people to know about it.

A True Monopoly  1890’s- Standard Oil has taken over everything and has no competition.

The President  Theodore Roosevelt attacks Standard Oil and Rockefeller. The U.S. government has lawsuits against Standard Oil and its monopoly.

The Fall of Standard Oil  The United States calls for Standard Oil to be dismantled within six months.

Giving Back  Rockefellers makes a foundation "to promote the wellbeing of mankind throughout the world."

The Death of the Oil Tycoon  Rockefeller dies at the age of 97, three years short of his goal.

The END

Works Cited  eline3.html eline3.html  d-rockefeller.html d-rockefeller.html  meline&hl=en&client=firefox-a&rls=org.mozilla:en- US:official&sa=N&tbs=tl:1&tbo=u&ei=mRhvS- eYAoe8NtjI_dwE&oi=timeline_result&ct=title&resnum=1 1&ved=0CCUQ5wIwCg