John D. Rockeffeller

Notes

• Americas first millionaire
• oil promised money but was hard to make
• born in new york in 1839
• a ledger was where every penny was controlled going in or out
• he understood the bigger the company the cheaper the costs
• he found a way to save more by reducing the materials being used
• late 1870 he was a millionaire more then once
• had a relationship with the railroads so he made an arrangement that would profit him every barrel shipped to railroad he got a fee out of the shipping cost it was illegal but no railroad would reject
• he took advantage of being the biggest oil company around
• he made illegal actions to make more money
• started
• 34 different companys were made from oil and jonh had to do with it all owned a portion of them all made form one company
• donating money to schools and research 

Summary
John D. Rockeffeller was a very good man at making money. he did use illegal way and was sneaky and took advantage of people to make himself higher up but it improve his business. The public started to notice his bad ways but he realized he need to make up for them he used media and donated money and made it up to the people and used the media to spread his ways of making it up to the public.