Некоркин Дима 9 «А»

John Davison Rockefeller

Rockefeller was the second child of six children in a Protestant family of William Avery Rockefeller. He was born in Richford, New York State His father was a logger and then a traveling salesman, John D. Rockefeller, recalled that his father from an early age had told him about companies that took part, explained the principles of business, he wrote about his father: "He often bargained with me and bought me a variety of services. He taught me how to buy and sell. My father just "coached" me to enrich! " school in Richford. In his autobiography, he wrote that he found it difficult to learn and to perform the lessons had to work hard. Rockefeller successfully graduated from high school and went to college in Cleveland, where he taught accounting and commercial basis, but soon came to the conclusion that the three-month accounting courses and thirst activities bring a lot more than the years of college, so leave college.

Early Years

John D. Rockefeller was the oldest child in the family, at the age of 16, he went to look for work. After six weeks of searching, it was taken as an assistant accountant in a small company Hewitt & Tuttle, real estate and shipping, he soon rose to the position of accountant. He was able to quickly establish itself as a competent professional, as well as managing director of Hewitt & Tuttle left office, his place immediately appointed Rockefeller. In this case, the wage is set at $ 600, while its predecessor was $ 2,000, because the Rockefeller left the company, and this was his only job, it was at this time, the English businessman John Morris Cl.ark looking for companion capital in the amount of $ 2000 to create a joint business. At the time, Rockefeller was Skopje $ 800, the remaining amount he took from his father for 10%, and April 27, 1857 is a junior partner of the "Clark and Rochester," the company sells hay, grain, meat and other products, in those years the Southern States announced its withdrawal from the Union and the Civil War, the federal government felt the need to put a large army.

Career

Standard Oil Company was established in 1870. Rockefeller started looking for oil. In the beginning the next billionaire said that all the oil business is some confusion of the car. He understood that only by bringing order to the work, it will be possible to think about a commercial success. This he took up with a partner. To start was established charter company. To motivate employees Rockefeller initially decided against wage premiruya their shares. He believed that because of this they will work more actively, as will be considered a part of the company. Yes, and their final earnings will depend on the success of the business. Business has to be repaid, and Rockefeller began gradually buying other oil companies. One by one, the small businesses that could not cost too much. This strategy does not like a lot of Americans. Rockefeller agreed with the railroad companies on the regulation of transport prices, thus Standard Oil received lower prices than the competition: for transporting barrels of oil it paid 10 cents, while its competitors - 35 cents, and with a difference of 25 cents on each barrel company Rockefeller as earned income. Competitors could not resist him, Rockefeller made them a choice: association with it, or ruin. Most of them prefer to be part of Standard Oil in exchange for a share of stock. Already by 1880, thanks to the many small and medium-mergers in the hands of the Rockefeller oil production was 95% of America. Becoming a monopoly, Standard Oil raised prices and has become the largest company in the world at that time. After 10 years, the Sherman Act against monopolies demanded divided Standard Oil, Rockefeller crushed small business by 34 companies and all of them retained a majority and thus increased its capital. Virtually all the major U.S. oil companies took it from Standard Oil, among them Mobil, Exxon, Chevron.

Standard Oil Company

Rockefeller considered himself a businessman, a Christian since childhood, has 10% of its revenue Baptist Church. In 1905, this share was $ 100 million

Since 1897 the Rockefeller gradually transfer management partner Standard Oil, and the more charity. Thanks to him, in 1892, was founded by the University of Chicago in 1901 - the name of the Rockefeller Institute of Medicine (later the name of the Rockefeller University), and a year later - Universal Education Board, and in 1913 - the Rockefeller Foundation. The end of life Rockefeller gave away half a billion dollars, and yet it is the only son of John D. Rockefeller, Jr. inherited $ 460 million He also spent about half a billion to charity, but also gave money for the construction of Rockefeller Center for the communications industry in New York and donated $ 9 million for the construction of the UN building (thanks to his assistance the UN headquarters was built in New York, and not in any other city in the world). With all of this six children, he left $ 240 million Rockefeller Jr. built the famous Empire State Building. Being a religious man Rockefeller donated part of his fortune to the church, especially to the community of the Northern Baptists, of which he was.

charity

Rockefeller's name has become a symbol of wealth. Rockefeller lived more comfortably, but did not put their wealth on display, like other millionaires with the New York 5th Avenue. He had a house and land area of 700 acres (283 hectares) on the outskirts of Cleveland, as well as at home in the states of New York, Florida and the personal playground for golf in New Jersey. But most of all he loved the villa "Pocantico Hills" near of New York. In 1935, when the Rockefeller turned 96 years old, the insurance company sent him a check for $ 5 million, it was the first time in the history of the company - according to statistics to survive this age, only one person in a hundred thousand. Rockefeller wanted to live to be a hundred years old, but did not live three years - May 23, 1937, he died of a heart attack at the age of 97.