The name Rockefeller resonates with power, wealth, and philanthropy. But how did this family rise to such prominence? It all started with John D. Rockefeller, who revolutionized the oil industry in the late 19th century. His Standard Oil company became a behemoth, controlling a vast majority of oil refining and distribution.
Accusations of monopolistic practices led to the company's breakup in 1911, but the Rockefeller fortune remained immense. What followed was a shift towards philanthropy. The Rockefeller Foundation, established in 1913, became a major force in global health, education, and scientific research.
Today, the Rockefeller name continues to be associated with significant wealth and influence. The family's legacy is complex, encompassing both entrepreneurial success and a commitment to using their resources for the betterment of society. From controversial oil empire to impactful global philanthropy, the Rockefeller story is a fascinating chapter in American history.