Naslov: The first billionaire in history

2 months ago
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The first billionaire in history, the man who took over the American economy. He monopolized oil and held the American market in his hands. They say he is the richest man who ever lived. His fortune was about 400 billion dollars. John D. Rockefeller, also known as the oil baron from Cleveland. The Rockefellers were a German family that had six children. The second son's name was John, and he was born in 1839 in New York. Their father often moved from one city to another. The cause of the financial situation was very difficult. John would do any job he could find to meet his mother's needs. At one point, their father disappears. After that, in 1854 he moved to Cleveland with his mother. After about a year and a half, he left school. He thought that school was just a waste of time, so he got a job in a bookstore near their house. He worked all day for only 50 cents. John persisted in his work and tolerated the low wages. But after a while he left the bookstore knowing that this was the beginning of his plans. From a young age, he thought about how to escape from the poverty in which he lived. So, based on his good reputation and those connections, he went to the bank and asked for a loan of $4,000. John took out a loan and ventured into the world of fruit, vegetables, meat and food products. In just one year of his business, he earned more than half a million dollars. Most of the profits went back to the bank, but he gained experience, expanded his network and learned how the market was changing. After that, banks chased him, asking him to take out a loan with them, and he was not even 18 years old. But the real turning point for John was when he discovered the first oil well in America, a new era in Pennsylvania. If you are really interested, let me know in the comments.#firstbillionaire#history#baron

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