This is because when Edwin Drake discovered oil, Rockefeller saw the future in it and saw himself as a billionaire, slowly selling off his interests knowing that refining oil will bring him good wealth. Rockefeller secretly makes agreements with the railroads to transport his oil in return for discounts and then using the recession, he wiped out his competitors. His lawyers come up with a ‘trust’ solution, in which it is formed by legal agreements and often reduced fair businesses. It was so successful that it enriches 90% of all oil produced in the U.S, making it the first great industrial in the world. There was also Andrew Carnegie that was a robber baron. While expanding his business of steel, the Bessemer process convinced Carnegie that
