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What is the condition of the Rockefellers for today?

The name Rockefeller has long been synonymous with wealth. And this is not surprising, since it was to this dynasty that the first dollar billionaire belonged in the history of mankind. People have always liked to take other people's money, so it's not surprising that many are interested in the question of the state of the Rockefellers at the moment.

Only the elite know the exact answer, but this article can help shed light on the origins of the wealth of this famous family.

How it all began

John Rockefeller, whose fortune at the time of adulthood was barely equal to a couple of hundred dollars, was born in 1838 in Richford, near New York, and was the second of six children of William Avery Rockefeller and Louise Selanto.

His father worked as a logger in his youth, but over time he began to avoid heavy manual labor and became a "botanical doctor". For months he was on the road, selling all kinds of herbal remedies, not paying attention to the discontent of the wife, who in the absence of her husband barely managed with a large crowd of children and did not know how to make ends meet.

However, over time, William managed to earn some money and buy a plot of land. The rest of his savings he invested in various enterprises. At the same time he was very impressed by the interest shown by son John to his financial affairs. Despite the very young age, the smart boy wanted to know all the details of his father's transactions and constantly pestered him with questions. Becoming an adult, Rockefeller remembered with warmth about William, who, he said, taught him "to buy and sell ... and to train ... to enrich himself."

How to raise a billionaire

John Rockefeller, whose fortune was $ 1 billion in 1905, digged potatoes from his neighbors at 7 years old and fattened turkeys for sale. Hardly having learned to write and count, he started a notebook in which he recorded all his expenses and financial receipts. He carefully kept money in a porcelain piggy bank and did not like to spend it on trifles. At the age of 13, he already had a small amount, which allowed the young businessman to give his neighbor-farmer $ 50 on loan to pay 7.5 percent per annum.

With great reluctance, John went to school, where he did not like at all, since study was given with difficulty. However, Rockefeller successfully graduated and became a college student in Cleveland, choosing the specialization "Fundamentals of commerce." Soon the young man realized that it was not necessary to spend money and 4 years of life to obtain the same knowledge that any 3-month accounting courses would provide him.

Career

John Davison Rockefeller (state at the time of death amounted to 1.4 billion dollars) already at the age of 16 began to look for a permanent job. Certificate of completion of accounting courses and good knowledge in mathematics allowed him to become an employee of Hewitt & Tuttle, which dealt with real estate and shipping. The young man quickly prove to be a competent professional and eventually made a career jerk from the assistant accountant to the manager. However, Rockefeller soon learned that his predecessor was paid $ 2,000, while he was only 600. He immediately left Hewitt & Tuttle and never again became a hired worker.

Foundation of own business

Rockefeller David, whose fortune at the time was only $ 800, did not stay long in business. He managed to find out that one of his friends is looking for a partner with a capital of 2 thousand dollars. The missing person took a young man from his own father at 10% per annum and in 1857 became a junior partner in the firm "John Morris Clark and Rochester". With the onset of the Civil War, this small company that traded grain, hay, meat and other goods had excellent prospects, as the federal authorities of the United States had a need for large-scale food supplies to supply the army.

It was obvious that the starting capital for the development of the company is not enough. However, to miss the chance to enrich themselves with military supplies would be insane. Therefore, the company, one of whose owners was Rockefeller, needed a loan. He was received thanks to John, as the young businessman sincerely made the most positive impression on the bank's director.

Successful marriage

Today, many townsfolk, brought up on glossy magazines, are surprised when they see the wives of billionaires, whose appearance is, to put it mildly, far from the model one. At the same time, they do not even think about the important role an intelligent woman can play in her career, as well as in multiplying and preserving her husband's capital. This also applies fully to the wife of Rockefeller. Before marriage with a young promising businessman Laura Celestine Spelman, who is difficult to call a beauty, was a schoolteacher and was extremely religious. They met while in the days of the short student of Rockefeller, but they got married only after 9 years. The girl drew John's attention with his piety, practicality of mind and what his mother reminded him. According to Rockefeller himself without Laura's advice, he would have been "poor".

Money in oil

It's hard to believe, but until the middle of the 19th century, black gold had very low demand. However, it was precisely this commodity, on the sale of which the great fortune of the Rockefellers was made.

The founder of the dynasty possessed an unsurpassed business sense, and when kerosene lamps were invented , he quickly guessed what prospects he would have for someone who would take over the business of extracting and processing oil. Rockefeller was interested in reports about the deposit of black gold, which in 1859 was discovered by Edwin Drake and met chemist Samuel Andrews. The latter agreed to take on the scientific and technical side of the project and become a partner in the new business. Soon, the Andrews and Clark firm was established, which was engaged in the construction of the Cleveland oil refinery Flats. Later, it developed into the company Standard Oil.

Secret of success

As it was already said, in due time the state of the Rockefeller family began to grow sharply thanks to the business based on oil production. However, before this happened, John had to take a number of measures. In particular, he noted that everyone who tried to work in this sphere before him acted chaotically and inefficiently.

The first thing Rockefeller created the company's charter, and to motivate employees, he refused to pay wages, issuing shares of the company. Thus, each employee was interested in the success of the business, which soon positively affected his income.

Then he started buying up small firms one by one, trying to concentrate all the oil-producing business in his hands. In addition, Rockefeller agreed with the railway for lower prices for transportation of Standard Oil products. In particular, the company paid 10 for transportation of one barrel of oil, and its competitors - 35 cents, ie, more than 3 times more expensive. Soon they were faced with a choice: either merging with Standard Oil, or ruin. Most of the owners of companies, without thinking twice, preferred to accept Rockefeller's offer in exchange for a share of the shares.

Oil tycoon N 1

By 1880, Rockefeller had already concentrated 95% of the United States' oil production. Becoming a monopolist, Standard Oil immediately raised prices sharply. Soon she was recognized as the richest in the world at that time. It was then that the condition of the Rockefeller family became a byword, and their name was a symbol of wealth.

End of monopoly

Americans, who were always interested in what state of the Rockefellers at the moment, soon guessed that they were in their trap of Mr. John Davison, and now the price of fuel will depend only on goodwill. In connection with this, Sherman's antitrust law was adopted.

Rockefeller had to divide Standard Oil into 34 small companies. At the same time, in all of them, the businessman retained a controlling stake and even increased his capital. As a result of the division there were such well-known companies as ExxonMobil and Chevron. Their assets today are an important part of what the Rockefellers own (the state today is more than three billion).

The state of the Rockefeller clan at the end of the 19th century

In addition to the oil business, which earned $ 3 million annually, the businessman owned 16 railway and 6 steel companies, 9 real estate companies, 6 shipping companies, 9 banks and 3 orange groves.

Although the family lived with great comfort, they did not expose their wealth for show, as did other New York millionaires from 5th Avenue. At the same time the state of the Rockefellers was constantly the subject of gossip. They also discussed their villa "Pocantico Hills," and a 283-hectare plot of land in Cleveland, and luxury homes in Florida and the State of New York, as well as a golf course in New Jersey, etc.

Children

Rockefeller dreamed of surviving to 100 years, but did not live to see this period for three years, having died of a heart attack in May 1937.

He very strictly raised children, trying to inspire them with respect for money and the desire to earn them. He appointed one of the daughters as a director, and she made sure that her brother and sisters were not lazy to perform their duties. At the same time, for any work in the home, the children received a specific reward, and for the delay they were fined.

There was no question of any pampering in the Rockefeller family. In particular, when they became adults, they remembered how one day their father wanted to give them a bicycle, but the mother advised to buy one at all so that the children could learn to share with each other.

The only son of John Davison Rockefeller, who was a full namesake of his father, fully justified his hopes. He did not seek to make a brilliant career, but devoted his life to the family and to be useful to society. As for the daughters, one of them died at a young age, the other - went insane, and only Alta and Etid lived a long life, enriching their clan with new ties.

John Davison Rockefeller Jr.

After the death of his father, who allocated him $ 460 million according to the will, he spent a considerable part of his fortune on charity. In particular, it was at the initiative of John that New York became the headquarters of the United Nations. Construction of a complex of buildings for this organization cost Rockefeller Jr. in the amount of $ 9 million. John had six children. They received from the father a fortune equal to 240 million dollars.

Margaret Rockefeller Strong

Not many people know that John Davidson Jr. was not at all the person who inherited most of his father's money. The condition of the Rockefellers, which in 1937 was estimated at 1.4 billion dollars, more precisely more than half, was given to the granddaughter of the founder of the dynasty Margaret. The young woman was the daughter of Bessie Rockefeller and Charles A. Strong. Large amounts of the inheritance went to the children of Margaret and the medical research institute founded by her great grandfather.

Grandchildren in a straight male line

John Davison Rockefeller Jr. had six children. The daughter of Abby, like her brother John, were great patrons. Thanks to them, many foundations and organizations were founded, including the Institute of Pacific Relations and others. Nelson Rockefeller, who was vice-president of the United States in 1974-1977, was particularly successful. Another grandson of Rockefeller - Winthrop - was the governor of Arkansas.

David Rockefeller: state for today and a brief biography

The oldest member of the clan was born in New York in 1915. He is the last of the children of John Davidson Rockefeller Jr.. In 1936, he graduated from Harvard University, and then was sent to study at the London School of Economics and Political Science. In 1940, John defended his thesis on "Unused resources and economic losses" and received a doctorate in economics. In the same year, he began his career in public service, becoming secretary of the New York-based Fiorello La Guardia. During World War II, David Rockefeller first worked in the Department of Health, Defense and Social Security, and in May 1942 went to the front rank. There he was sent to work in intelligence, and he carried out various government assignments in German-occupied France and North Africa.

As a result, he met with a victory in the title of captain, and then participated in various business family projects. In 1947, David Rockefeller became director of the Council on Foreign Relations, and 14 years later - President of the Chase Manhattan Bank. In April 1981, on the eve of his 66th birthday, he resigned from this post, as he reached the maximum permissible age.

At the moment, David Rockefeller (the current state is 2.5 billion dollars) has reached a very old age and he is over 100 years old. Recently in the press there were reports that he had another heart transplant. Apparently, the billionaire seeks to live forever. At the same time, he is known as the main ideologist of birth control, since he believes that the Earth is overpopulated.

The name of David Rockefeller is often heard during the speeches of famous conspiracy theorists. In particular, they call it the founder of the Tripartite Commission, established in 1973 to coordinate the approaches of the United States, Canada, Japan and the richest countries of Western Europe to the most important political and economic issues facing humanity. The activity of this organization is hidden for the broad masses with such a dense veil of secrecy that, in comparison with the Tripartite Commission, the activity of the no less famous Bildelberg group can be called absolutely transparent. However, no one knows for sure the program of this organization.

Right now, the Right consider the Trilateral Commission to be a world government, and the Left is a club of the rich who do not want to obey anyone.

Rothschilds

Often, when the general state of the Rockefellers is discussed, they recall the representatives of one of the most successful financial clans in Europe. It's about the Rothschilds, whose family business was founded over 250 years ago, and began with a small shop of Jewish money changers in the Frankfurt ghetto.

The state of this dynasty, which operates not only in the United States, but also in Europe, there is no exact information, and can not be, because according to the will of its founder, this information can not be voiced.

At the moment, the head of the family is Nathaniel Rothschild. He has a sister Emma, who is an internationally renowned scientist and economist. Few know that Nathan Rothschild is a member of the international advisory board of the Russian company RUSAL.

Two of the greatest historical financial dynasties: allies or opponents

Rockefellers and Rothschilds for the history of their existence have often worked within a fairly close business partnership, participating in projects and acquiring shares in each other's assets. At the moment, there has been no particularly intense competition between families, as their representatives prefer to agree on all issues.

To date, the Rockefellers (the current state is 300 billion) and the Rothschilds have come to an agreement on a strategic partnership. In addition, they announced the merger of some of their assets. In particular, RIT Capital Partners (the investment company Rothschilds) acquired a stake in the Rockefeller group. Under the management of the latter are assets worth 34 billion dollars. These include the Vallares oil and gas group, as well as stakes in such well-known companies as Johnson & Johnson, Procter & Gamble, Dell and Oracle.

As for the assets of RIT Capital Partners, they are estimated at 1.9 billion pounds sterling, most of which are invested in shares and government bonds.

By the way, while people are arguing about the state of Rockefeller (150 or 300 billion), the clans, at least as some publications claim, are preparing to destroy the euro, since they do not see more need for such a currency. They are also credited with the sharp economic breakthrough of China, which could not be predicted any 30-40 years ago.

According to experts, the convergence of the clans of the Rothschilds and Rockefeller will continue in the future.

Charity

Rockefellers (the state for today is estimated, according to some sources, at $ 300 billion) have always been great benefactors. These traditions are still alive today. In particular, it was recently estimated that for his long life the elder of the genus David gave out $ 900 million. Only in 2014 he transferred about $ 79 million to support various charitable projects.

Today, to say exactly what state the Rothschilds and Rockefellers, no one will take. However, of course, these two dynasties are among the richest clans of the planet and influence the policy of the United States and many other countries on the planet.

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