Tuesday, May 29, 2012

75th Anniversary of the Death of John D. Rockefeller

This week marks the 75th anniversary of the death of John D. Rockefeller. Once known as the richest man in the world, Rockefeller gave over 500 million dollars to a variety of causes including education, science and religion institutions.

Born in Richford, New York, Rockefeller was an enterprising man who built his first oil refinery near Cleveland and incorporated Standard Oil Company when he was just 31 years old. His son, John D. Rockefeller, Jr., was his only heir and he carried on his father’s legacy of philanthropy.

In 1901 John D. Rockefeller, Jr. created Rockefeller University in NYC and during World War II, helped establish the USO for the troops. Later, Rockefeller Jr. personally funded the construction of Rockefeller Center, creating over 75,000 jobs during the depression, and establishing what is now a world-famous landmark in the center of midtown Manhattan.