How rich is John D. Rockefeller?

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How rich is John Davison Rockefeller?

John Davison Rockefeller Net Worth:
$340 Billion

Birth date: 8 July 1839
Death date: 23 May 1937, Ormond Beach, Florida, United States
Birth place: Richford, New York State, USA
Profession: Business magnate
Education: Cleveland Central High school, Folsom's Commercial College
Nationality: American
Spouse: Laura Spelman Rockefeller (m. 1864–1915 d.)
Children: John D. Rockefeller Jr., Edith Rockefeller McCormick, Alta Rockefller Prentice, Elizabeth Rockefeller Strong, Alice Rockefeller
Parents: Eliza Davison, William Avery Rockefeller
Siblings: Lucy Rockefeller, William Rockefeller, Mary Rockefeller, Franklin & Frances Rockefeller

John Davison Rockefeller Net Worth:

John D. Rockefeller Net Worth $$340 Billion

John D. Rockefeller’s net worth lands around $340 billion dollars, making him the most affluent American of all time. Among the wealthiest Americans ever, John D. Rockefeller was the creator of the Standard Oil Company and, afterwards, a philanthropist whose riches bankrolled the Rockefeller Foundation.

He began in the oil business, and from the conclusion of the century the Standard Oil Trust commanded so a number of other interests that it fell afoul of antitrust laws. In 1911 the U.S. Supreme Court called Standard Oil a monopoly and driven the Trust to split into competing firms. By that time Rockefeller himself was no longer involved in running the company, having given himself entirely to philanthropy since 1896. He gave away millions to schools, health organizations and civic endeavors through the Rockefeller Foundation, which survives today. John D. Rockefeller gave away $540 million over his life (in dollar conditions of that time), and became the best lay benefactor of medicine in history. His bundle was largely used to produce the modern organized strategy of targeted philanthropy. He could get this done through the development of foundations that had a major impact on medicine, education and scientific research.

Rockefeller was likewise the creator of the University of Chicago and Rockefeller University and financed the institution of Central Philippine University in the Philippines. He was a faithful Northern Baptist and supported many church-based associations. Rockefeller stuck to complete abstinence from alcohol and tobacco throughout his life.


Source: Wikipedia