2 thinkers, books, and ideas connected to this field.
American oil magnate — founder of Standard Oil, the world's first and greatest monopoly — who at his peak controlled 90% of US oil refining — the wealthiest private individual in modern history (inflation-adjusted) — who then gave away over $500 million, founding the University of Chicago and Rockefeller University.
American oil magnate who founded Standard Oil in 1870 — controlling 90% of US oil refining by 1880 — through relentless price cutting, secret railroad rebates, and the absorption of competitors, before being broken up by the Supreme Court in 1911.