Who is this Rockefeller family?

The Rockefeller family is one of the most well-known and influential families in American history. Their legacy stretches back over a century, with the family patriarch John D. Rockefeller becoming one of the wealthiest men in history through his oil empire. Over the years, the family has been involved in a wide range of business ventures and philanthropic efforts, leaving an indelible mark on American society.

The Early Years

The Rockefeller family's story begins with John D. Rockefeller, who was born in 1839 in New York. Rockefeller grew up in a modest household, but he showed a keen business sense from a young age. He started his first business when he was just 16 years old, selling candy and other goods to neighbors.

In 1863, Rockefeller teamed up with several partners to form the first iteration of his oil business, which would eventually become Standard Oil. The company quickly became one of the most successful businesses in the country, thanks in large part to Rockefeller's business acumen and shrewd tactics.

Over the years, Standard Oil grew to become a massive empire, controlling nearly 90% of the oil refineries in the United States by the turn of the century. This success made Rockefeller one of the richest men in history, and he used his wealth to fund a wide range of philanthropic endeavors.

Philanthropy

Rockefeller's philanthropic efforts began in the late 19th century, when he started donating money to educational institutions and other charitable organizations. In 1884, he founded the University of Chicago, which became one of the most prestigious universities in the country. He also established the Rockefeller Foundation in 1913, which remains one of the largest private foundations in the world.

Over the years, the Rockefeller family has continued to be involved in philanthropic efforts, funding a wide range of causes from medical research to environmental conservation. They have also been active in promoting education and economic development, particularly in impoverished communities.

Business Ventures

In addition to their philanthropic efforts, the Rockefeller family has been involved in a wide range of business ventures over the years. After the breakup of Standard Oil in 1911, the family diversified their holdings, investing in a wide range of industries including banking, real estate, and transportation.

In the 20th century, the family became heavily involved in politics as well. Nelson Rockefeller, the grandson of John D. Rockefeller, served as the governor of New York from 1959 to 1973 and later as the Vice President of the United States under President Gerald Ford. Other family members have held political positions at the state and local levels as well.

Legacy

Today, the Rockefeller family's legacy lives on in a variety of ways. Their philanthropic efforts continue through the Rockefeller Foundation and other charitable organizations, and the family's name is still associated with some of the most prestigious institutions in the country.

However, the family's legacy is not without controversy. John D. Rockefeller's business practices were often criticized, and the breakup of Standard Oil was seen as a necessary step to promote competition and prevent monopolies. Additionally, some have criticized the family's involvement in politics, arguing that it has given them an outsized influence on American society.

Despite these criticisms, there is no denying the impact that the Rockefeller family has had on American history. From their business ventures to their philanthropic efforts, the family has left an indelible mark on the country and will continue to be remembered for generations to come.

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