Who is considered the entrepreneur of the oil industry?
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John Davison Rockefeller was an American businessman, investor, industrialist and philanthropist, who worked in the world of the oil industry, reaching the point of monopolizing it. Over a period of more than forty years, Rockefeller formed Standard Oil in the year 1870 as the world's largest oil company, revolutionizing the industry at all levels.
John Davison Rockefeller is to this day the only person who managed to build a pure monopoly, which cost the government itself to dissolve its and which in fact marked the development of the oil industry worldwide.
John Davison Rockefeller is to this day the only person who managed to build a pure monopoly, which cost the government itself to dissolve its and which in fact marked the development of the oil industry worldwide.
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