John D Rockefeller Robber Barons

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Have you heard of the board game by Hasbro called Monopoly? In this game the goal is to own all properties, be the wealthiest player and leave every other player in bankrupt. What you didn’t know is that this is based on real life. This was how business were handled back in the day. Robber barons were the ones who followed the arts of the monopoly. Which led them to be extremely wealthy business leaders who managed to earn their money not by how hard they worked but by their dishonest methods. One of the robber barons that were the most recognized was John D. Rockefeller. John Davidson Rockefeller was a business magnate and philanthropist born July 8th, 1839 in Richford, New York.

To start with, one of the reasons Rockefeller was a robber
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He wanted to appear to people as a philanthropist. He helped launch the field of biomedical research funding scientific investigators that resulted in vaccines for diseases like meningitis and yellow fever. He promoted the causes of education nationally, including all sexes, races and religions. Also, he was known to have created the University of Chicago, which between a decade became one of the world’s leading universities. He also donated $600,000 a few years later. From his first paycheck he gave away about 10% of his money to a local church and donated over $500M to different causes. He contributed $22.4M to the Red Cross and the United War Work Fund. Also, when his wife deceased, he donated $74M to honor his wife’s charity work. He helped China create its first proper medical school. He founded the Rockefeller Institute for Medical Research which is now know as The Rockefeller University, which discovered causes, cures and prevention techniques for many diseases. He created 75,000 jobs when there was no employment in the 1930s. One job was at the Standard Oil Company which helped stimulate the economy and helped America become more powerful from the oil refinery that he

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