John D. Rockefeller in the context of Oil refining

John Davison Rockefeller Jr. (January 29, 1874 – May 11, 1960) was an American financier and philanthropist. Rockefeller was the fifth child and only son of Standard Oil co-founder John D. Rockefeller. He was involved in the development of the vast office complex in Midtown Manhattan known as Rockefeller Center, making him one of the largest real estate holders in the city at that time. Towards the end of his life, he was famous for his philanthropy, donating over $500 million to a wide variety of different causes, including educational establishments. Among his projects was the reconstruction of Colonial Williamsburg in Virginia. He was widely blamed for having orchestrated the Ludlow Massacre and other offenses during the Colorado Coalfield War. Rockefeller was the father of six children: Abby, John III, Nelson, Laurance, Winthrop, and David.

A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning participating interests in one another, constituting a corporate group (sometimes specifically a conglomerate), or combinations thereof. The term trust is often used in a historical sense to refer to monopolies or near-monopolies in the United States during the Second Industrial Revolution in the 19th century and early 20th century. The use of corporate trusts during this period is the historical reason for the name "antitrust law".

In the broader sense of the term, relating to trust law, a trust is a legal arrangement based on principles developed and recognised over centuries in English law, specifically in equity, by which one party conveys legal possession and title of certain property to a second party, called a trustee. The trustee holds the property, while any benefit from the property accrues to another person, the beneficiary. Trusts are commonly used to hold inheritances for the benefit of children and other family members, for example. In business, such trusts, with corporate entities as the trustees, have sometimes been used to combine several large businesses in order to exert complete control over a market, which is how the narrower sense of the term grew out of the broader sense.

Robber baron is a term first applied by 19th century muckrakers and others as social criticism to certain wealthy, powerful, and unethical 19th-century American businessmen. The term appeared in that use as early as the August 1870 issue of The Atlantic Monthly magazine. By the late 19th century, the term was typically applied to businessmen who used exploitative practices to amass their wealth. Those practices included unfettered consumption and destruction of natural resources, influencing high levels of government, wage slavery, squashing competition by acquiring their competitors, and to create monopolies and/or trusts that control the market. The term combines the sense of criminal ("robber") and illegitimate aristocracy (“baron”) in a republic.

David Rockefeller (June 12, 1915 – March 20, 2017) was an American economist and investment banker who served as chairman and chief executive of Chase Manhattan Corporation. He was the oldest living member of the Rockefeller family from 2004 until his death in 2017. Rockefeller was the fifth son and youngest child of John D. Rockefeller Jr. and Abby Aldrich Rockefeller, and a grandson of John D. Rockefeller and Laura Spelman Rockefeller.

He was noted for his wide-ranging political connections and foreign travel, in which he met with many foreign leaders. His fortune was estimated at $3.3 billion at the time of his death.

Exxon Mobil Corporation (/ˌɛksɒn ˈmoʊbəl/ EK-son MOH-bəl) is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the largest direct successor of John D. Rockefeller's Standard Oil, the company was formed in 1999, with the merger of Exxon and Mobil. It is vertically integrated across the entire oil and gas industry, as well as within its chemicals division, which produces plastic, synthetic rubber, and other chemical products. As the largest U.S.-based oil and gas company, ExxonMobil is the seventh-largest company by revenue in the U.S. and 13th-largest in the world. It is also the largest investor-owned oil company in the world. Approximately 55.56% of the company's shares are held by institutions, the largest of which, as of 2019, were The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%).

The company has been widely criticized and sued, mostly for environmental incidents and its history of climate change denial against the scientific consensus that fossil fuels significantly contribute to global warming. The company is responsible for many oil spills, the largest and most notable of which was the 1989 Exxon Valdez oil spill in Alaska, considered to be one of the world's worst oil spills in terms of environmental damage. The company has also been accused of human rights violations and exerting excessive influence on American foreign policy and developing countries.

The Rockefeller Foundation is an American private foundation and philanthropic medical research and arts funding organization based at 420 Fifth Avenue, New York City. The foundation was created by Standard Oil magnate John D. Rockefeller ("Senior") and son "Junior", and their primary business advisor, Frederick Taylor Gates, on May 14, 1913, when its charter was granted by New York. It is the second-oldest major philanthropic institution in America (after the Carnegie Corporation) and ranks as the 30th largest foundation globally by endowment, with assets of over $6.4 billion in 2023.

The Rockefeller Foundation is legally independent from other Rockefeller entities, including the Rockefeller University and Rockefeller Center. The foundation operates under the oversight of its own independent board of trustees, with its own resources and distinct mission. Since its inception, the foundation has donated billions of dollars to various causes, becoming the largest philanthropic enterprise in the world by the 1920s. The foundation has maintained an international reach since the 1930s and major influence on global non-governmental organizations. The World Health Organization is modeled on the International Health Division of the foundation, which sent doctors abroad to study and treat human subjects. The National Science Foundation and National Institute of Health are also modeled on the work funded by Rockefeller. It has also been a supporter of and influence on the United Nations.

Charles Aubrey Eaton (March 29, 1868 – January 23, 1953) was a Canadian-born American Baptist clergyman, journalist, and Republican politician who represented New Jersey in the United States House of Representatives from 1925 to 1953. His district, which centered on Somerset County, was numbered as the 4th district from 1925 to 1933 and the 5th district from 1933 to 1953. He was a leading voice in the Republican Party on foreign policy, chairing both the House Committee on Foreign Affairs and Herter Committee and signing the United Nations Charter.

As a pastor, Eaton led Baptist congregations at Natick, Massachusetts (1893–95), Bloor Street, Toronto (1895–1901), Euclid Avenue, Cleveland, Ohio (1901–09), and Madison Avenue, New York City (1909–16). John D. Rockefeller and his family were among Eaton's Cleveland congregation, and Rockefeller was a powerful supporter of Eaton and his nephew, Cyrus S. Eaton.

A billionaire is a person whose net worth is at least one billion units of a given currency, typically USD. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed billionaire in 1916.

Nineteen individuals had attained the status of centibillionaires, each with a net worth of at least $100 billion, as of October 2025. As of March 2025, there are 3028 billionaires worldwide, with a combined wealth of over $16.1 trillion, up nearly $2 trillion over 2024.

The Rockefeller family (/ˈrɒkəfɛlər/ ROCK-ə-fell-ər) is an American industrial, political, and banking family that owns one of the world's largest fortunes. The fortune was made in the American petroleum industry during the late 19th and early 20th centuries by brothers John D. Rockefeller and William A. Rockefeller Jr., primarily through Standard Oil (the predecessor of ExxonMobil and Chevron Corporation). The family had a long association with, and control of, Chase Manhattan Bank. By 1987, the Rockefellers were considered one of the most powerful families in American history.

The Rockefellers originated in the Rhineland in Germany and family members moved to the Americas in the early 18th century, while through Eliza Davison, with family roots in Middlesex County, New Jersey, John D. Rockefeller and William A. Rockefeller Jr. and their descendants are also of Scots-Irish ancestry.

Standard Oil Company was a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil Trust Agreement, which pooled their securities of 40 companies into a single holding agency managed by nine trustees. The original trust was valued at $70 million. On March 21, 1892, the Standard Oil Trust was dissolved by order of the Supreme Court of Ohio and its holdings were reorganized into 20 independent companies that formed an unofficial union referred to as "Standard Oil Interests." In 1899, the Standard Oil Company of New Jersey acquired the shares of the other 19 companies and became the holding company for the trust.

Jersey Standard operated a near monopoly in the American oil industry from 1899 until 1911 and was the largest corporation in the United States. In 1911, the landmark Supreme Court case Standard Oil Co. of New Jersey v. United States found Jersey Standard guilty of anticompetitive practices and ordered it to break up its holdings. The charge against Jersey came about in part as a consequence of the reporting of Ida Tarbell, who wrote The History of the Standard Oil Company. The net value of companies severed from Jersey Standard in 1911 was $375 million, which constituted 57 per cent of Jersey's value. After the dissolution, Jersey Standard became the United States' second largest corporation after United States Steel.

Abigail Aldrich Rockefeller Mauzé (November 9, 1903 – May 27, 1976) was an American philanthropist. She was the daughter of American philanthropists John D. Rockefeller Jr. and Abby Aldrich Rockefeller as well as a granddaughter of Standard Oil co-founder John D. Rockefeller.

John Davison Rockefeller III (March 21, 1906 – July 10, 1978) was an American philanthropist. Rockefeller was the eldest son and second child of John D. Rockefeller Jr. and Abby Aldrich Rockefeller as well as a grandson of Standard Oil co-founder John D. Rockefeller. He was engaged in a wide range of philanthropic projects, many of which his family had launched, as well as supporting organizations related to East Asian affairs. Rockefeller was also a major supporter of the Population Council, and the committee that created the Lincoln Center in Manhattan.

Winthrop Rockefeller (May 1, 1912 – February 22, 1973) was an American politician and philanthropist. Rockefeller was the fourth son and fifth child of American financier John D. Rockefeller Jr. and Abby Aldrich Rockefeller. He was one of the grandchildren of Standard Oil co-founder John D. Rockefeller. As an entrepreneur in Arkansas, he financed many local projects, including a number of new medical clinics in poorer areas, before being elected state governor in 1966, as the first Republican governor of Arkansas since Reconstruction. Despite accusations of lacking insight into the concerns of low-income voters, Rockefeller was re-elected in 1968, and went on to complete the integration of Arkansas schools.

In 1968, he was the favorite son of the Arkansas delegation to the 1968 Republican National Convention. It was widely expected that the Arkansas delegates would switch to his brother, New York governor Nelson Rockefeller, on a second ballot. However, Richard Nixon secured the nomination on the first ballot, and the Arkansas delegates switched to Nixon instead.

Laura Celestia "Cettie" Spelman Rockefeller (September 9, 1839 – March 12, 1915) was an American abolitionist, philanthropist, school teacher, and prominent member of the Rockefeller family. Her husband was Standard Oil co-founder John D. Rockefeller. Spelman College in Atlanta and the Laura Spelman Rockefeller Memorial were named for her.

Joseph Allan Nevins (May 20, 1890 – March 5, 1971) was an American historian and journalist, known for his extensive work on the history of the Civil War and his biographies of such figures as Grover Cleveland, Hamilton Fish, Henry Ford, and John D. Rockefeller, as well as his public service. He was a leading exponent of business history and oral history.

Frederick Taylor Gates (July 22, 1853, Maine, Broome County, New York – February 6, 1929, Phoenix, Arizona) was an American Baptist clergyman, educator, and the principal business and philanthropic advisor to the major oil industrialist John D. Rockefeller, Sr., from 1891 to 1923.

Edward L. Stratemeyer (/ˈstrætəˌmaɪər/; October 4, 1862 – May 10, 1930) was an American publisher, writer of children's fiction and founder of the Stratemeyer Syndicate. He is one of the most prolific writers in the world, having penned over 1,300 books and selling more than 500 million copies.

Stratemeyer created many well-known children's fiction book series, including The Rover Boys, The Bobbsey Twins, Tom Swift, The Hardy Boys, and Nancy Drew, many of which sold millions of copies and remain in publication. On his legacy, Fortune wrote: "As oil had its Rockefeller, literature had its Stratemeyer."

Ronald Chernow (/ˈtʃɜːrnaʊ/; born March 3, 1949) is an American writer, journalist, and biographer. He has written bestselling historical non-fiction biographies.

Chernow won the 2011 Pulitzer Prize for Biography and the 2011 American History Book Prize for his 2010 book Washington: A Life. He is also the recipient of the National Book Award for Nonfiction for his 1990 book The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance. His biographies of Alexander Hamilton (2004) and John D. Rockefeller (1998) were both nominated for National Book Critics Circle Awards. His biography of Hamilton inspired the popular Hamilton musical, which Chernow worked on as a historical consultant. For another book, The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family, he was awarded the 1993 George S. Eccles Prize for Excellence in Economic Writing. As a freelance journalist, Chernow has written over sixty articles for various national publications.