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The Rockefeller family (/ ˈ r ɒ k ə f ɛ l ər / ROCK-ə-fell-ər) is an American industrial, political, and banking family that owns one of the world's largest fortunes. The fortune was made in the American petroleum industry during the late 19th and early 20th centuries by brothers John D. Rockefeller and William A. Rockefeller Jr., primarily through Standard Oil (the predecessor of ...
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...
The Gondi family of Florence, financial partners of the Medici family in the 15th century. The Fugger family of mercantile bankers and venture capitalists, the richest family in the 16th century. [63] The Welser family, alongside the Fugger one of the most important families of merchant bankers in 16th-century Europe.
Only 10% of family wealth makes it to the third generation, according to a landmark Williams Group wealth consultancy study reported by Reuters in 2015. But a handful of families throughout history...
The Rockefeller Family. Approximate Net Worth: $8.4 billion. Source of Wealth: Oil. ... Today, the family’s long history of philanthropy in the art world has started to draw ire, with protestors ...
The title currently goes to the Walton family with a net worth of $248.5 billion. ... Today, family descendants still control 9% of the company. How Generational Wealth Builds Dynasties.
[5] [6] [3] Rockefeller was born into a large family in Upstate New York who moved several times before eventually settling in Cleveland, Ohio. He became an assistant bookkeeper at age 16 and went into several business partnerships beginning at age 20, concentrating his business on oil refining. Rockefeller founded the Standard Oil Company in 1870
There is no way around the Rockefeller name being associated with money as it's synonymous with immense wealth and the realization of the American Dream. The family's fortune, established by ...