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The Rockefellers

A Dynasty Built On Oil

Biography on CNBC â?? The Rockefellers
It was in Cleveland, Ohio where John D. Rockefeller, Sr., amassed his great fortune through the Standard Oil Company, which controlled 90% of the world's oil refineries by 1880.

John D. Rockefeller came from humble beginnings, but that changed in the 1880s when he took a risk in the oil business and became the founder of Standard Oil Corporation. That risk lead to the multi-billion-dollar fortune that allowed generations of Rockefellers to make a huge difference in America as philanthropists, realtors and politicians.

What was the greatest gamble of John D. Rockefeller Jr's career?

  • Biography on CNBC â?? The Rockefellers  Thursday, 14 Jan 2010 | 12:00 AM ET

    It was in Cleveland, Ohio where John D. Rockefeller, Sr., amassed his great fortune through the Standard Oil Company, which controlled 90% of the world's oil refineries by 1880.