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John Davison Rockefeller Sr. was an American business magnate and philanthropist. He has been widely considered the wealthiest American of all time and the richest person in modern history.
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Rockefeller built Standard Oil through generating enormous levels of cash and acquiring competitors. It's a playbook today's business executives still follow. By the turn of the century, American crude oil accounted for 85 percent of the global market.
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Rockefeller founded the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Later in life he turned his attention to charity. He made possible the founding of the University of Chicago and endowed major philanthropic institutions.

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