Difference between revisions of "John D. Rockefeller Jr"

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Standard Oil was convicted of monopolistic practices in 1911, and subsequently broke up. Upon his death, John Jr. was left in charge of his father's various philanthropic foundations.
 
Standard Oil was convicted of monopolistic practices in 1911, and subsequently broke up. Upon his death, John Jr. was left in charge of his father's various philanthropic foundations.
  
He was a director of Standard Oil, and of J. P. Morgan's U.S. Steel Co. He was involved in a scandal with the head of Standard Oil, before its collapse, John Archbold. He was also reported to have made an attempt to bribe two congressmen. In an attempt to redeem his reputation in the public eye, he abdicated his positions with both of the aforementioned companies in 1910.
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He was a director of Standard Oil, and of [[J. P. Morgan]]'s U.S. Steel Co. He was involved in a scandal with the head of Standard Oil, before its collapse, John Archbold. He was also reported to have made an attempt to bribe two congressmen. In an attempt to redeem his reputation in the public eye, he abdicated his positions with both of the aforementioned companies in 1910.

Revision as of 15:59, 21 October 2008

John Rockefeller Jr. (1874 - 1960), was the only son of 'celebrated' industrialist John Rockefeller Sr. (1839 - 1937), who founded Standard Oil out of Ohio in 1870. Rockefeller Sr. became extremely wealthy as the value of oil soared. He proceeded to found several groups which were concerned with medical research and education. Rockefeller Sr. also founded Rockefeller University, and The University of Chicago. He was a dedicated Northern Baptist and supported the church. Standard Oil was convicted of monopolistic practices in 1911, and subsequently broke up. Upon his death, John Jr. was left in charge of his father's various philanthropic foundations.

He was a director of Standard Oil, and of J. P. Morgan's U.S. Steel Co. He was involved in a scandal with the head of Standard Oil, before its collapse, John Archbold. He was also reported to have made an attempt to bribe two congressmen. In an attempt to redeem his reputation in the public eye, he abdicated his positions with both of the aforementioned companies in 1910.