WebNov 1, 2024 · The Modern Legacy of Standard Oil. Standard Oil’s most readily apparent legacy is that many of today’s supermajors have pedigrees stretching back to a company originally born of the breakup of Standard Oil: ExxonMobil, Chevron, BP, and Marathon all descended in some form or fashion from Standard Oil. The Pedigree of Standard Oil. Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-founder and chairman, John D. Rockefeller, among the wealthiest Americans of all time and among the richest people in modern history. Its histo…
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The History of the Standard Oil Company & Trust and the US ...
WebMar 24, 2016 · March 24, 2016 / 2:06 PM / MoneyWatch. Heirs to the oil fortune created by John D. Rockefeller, who founded Standard Oil in 1870, are exiting the family business. The Rockefeller Family Fund, a ... WebApr 8, 2010 · John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist. Born into modest … WebStandard Oil responded that many of the individual companies controlled by Standard Oil were actually competitive on their own, relatively free of the overarching trust company. Roosevelt's successor as President, William Howard Taft (1909–1913), inherited the case and kept pursuing prosecution. top 10 sites in iowa