A few days ago
John D. Rockefeller……….?
Plz can you tell me some facts that make him become a famous or important person?
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A few days ago
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Shortly after oil was discovered in Pennsylvania, he acquired the rights to extract it. By shrewd and devious maneuvering he formed a lucrative contract with the railroads and soon formed a monopoly. He founded Standard Oil and it became so powerful no one could compete against it. The Supreme Court ruled that he had to sell off a huge chunk of the company around the turn of the century in order to make for fair competition.
He’s important because he amassed great wealth and was known for his business acumen.
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