Financial Milestones
First US Billionaire
September 29, 1916New York, USAJohn D. Rockefeller
The Experience
A level of resource control previously reserved for monarchs, now held by a private citizen.
Impact
Created the archetype of modern philanthropy (Rockefeller Foundation) to sanitize a ruthless legacy.
Strategy & Logistics
Decades of ruthless consolidation of the oil refining industry.
Cost & Sacrifice
The destruction of thousands of small competitors. Anti-trust legislation (Sherman Act).
Net Worth (1916)
$1 Billion
Adj. Inflation
~$300-400 Billion
Knowledge Base
Verified Sources
Related Origins
Complete registry record