Thursday, February 3, 2011

John D. Rockafella the 3rd.

  • His grandfather was called the first ever billionaire.
  • Money was painful to the Rockafellas but never destroyed them.
  • Western pensylvania in the 1850's was a rich spot because you could drill up oil anywhere and be anyone and become rich instantly.
  • An oil town was a rowdy place to be, it was very dirty and very rough also discomforting.
  • A farm was bought for 2 million in the 1850s and later in the 1800's it was sold for something in between 4 and 5 dollars.
  • John Rockafella was born in 1839.
  • His father was wild and uncontrollable.
  • He created a statement saying every bit money he donated spent and saved, also known as a modern day bank statement back then it was called Ledger-A.
  • In 1865 he moved to Cleveland and became a major railway builder.

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