Precisely because he lost the antitrust suit, Rockefeller
Citations (1)
- Titan: The Life of John D. Rockefeller, Sr. whole source · open book
Precisely because he lost the antitrust suit, Rockefeller was converted from a mere millionaire, with an estimated net worth of $300 million in 1911, into something just short of history’s first billionaire. In December 1911, he was finally able to jettison the presidency of Standard Oil, but he continued to hold on to his immense shareholdings.
chapter: CHAPTER 27 - Judgment Day