John D. Rockefeller: Richest Man Ever to Exist

Rockefeller could be one of America's peculiar men in many people's perspective. He loved to and had a deep passion for his work, made billions of dollars and then also gave a huge chunk of that of which he earned away. Born on the 8th of July, in 1839 in Richford, New York, Rockefeller was the entrepreneur of Standard Oil Company. Being commemorated today, in this news article is John D. Rockefeller as it is his 179th birthday.

He was known for several philanthropic causes, as well as being one of the richest men ever to exist and the owning of a near-monopoly of a company. He was a highly prosperous man for numerous motives, but the principal reason being that he was unafraid of honest and hard work which was shown from the start at just the age of sixteen, he worked his first job as an assistant bookkeeper and was paid merely fifty cents per day.

Rockefeller's personal background is relatively straightforward. He was the eldest son of a travelling salesman who was a physician and a snake-oil salesman. He dropped out of high school after taking the single class of business. Rockefeller established his first enterprise, which he decided he wanted it to be a commission business — and after sensing the commercial potential of the expanding oil production, he built his first refinery near Cleveland in 1863. To his surprise, it became the biggest in the area within two years.

Rockefeller's strengths were very similar to his keys to success. One of those being his overarching principle which was that he would rather be his tyrant than have someone else tyrannise him. He relentlessly tried to hone his will while training himself to be a master of his emotions, desire, and this was so he could direct his impulse towards his aims. These attributes contributed to his successful company and business. His personality type is Executive or ESTJ, which stands for Extraversion (E), Sensing (S), Thinking (T) and Judgment (J). Rockefeller was a representative of tradition and order, and he utilised his understanding of what was right, wrong or socially acceptable to bring families, communities, and if ever states of a nation. His weaknesses, on the other hand, would include him dropping out of high school and also the dismantling of his company which was caused by his over-aggression towards smaller oil companies that would not succumb to his offers. His aggression caused the government to pass an antitrust law in 1911, which then caused his company to dismantle.

Rockefeller was motivated for what seemed to be the need to work with people to develop both personal success and human progression as far as it can get as well as also seeing a higher power. He wanted to be a man with divine intention, as he was strongly religious, and wanted humility to be identified and that he had temporary ability to add meaning to humans.

Mentioned earlier, Rockefeller was one of history's most prominent philanthropists. He donated to society about five hundred and forty million dollars to numerous educational, religious and scientific causes. Among these, Rockefeller also funded the construction of the University of Chicago and also the now Rockefeller University. He has contributed to the whole planet by establishing 'The Rockefeller Foundation'. It was to promote the well-being of humanity throughout the world.

Since the passing of the antitrust law in 1911, Standard Oil Company no longer exists yet the remaining fragmented businesses that exist today include Chevron, ExxonMobil, BP and also Marathon. Seeing as though oil companies are taking away from the environment, they should become climate allies. Improvements to these businesses can be made. An idea that has the potential of being put forward is that these companies will spend a fraction of their profit on planting trees into places that have been deforested. Another approach for these companies is not only to sell oil but to sell sustainable energy options and these, for example, could be solar, wind or hydro. These designs have to come to light because there is a lack of a meaningful, substantive and eco-friendly asset procedure.

Shortly, these eco-friendly changes could make a significant impact on our world if after some of the leading companies follow and the effect of John D. Rockefeller's work won't stop yet.