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By: Steve Bonk Rockefeller Video

How Did They Get Rich?. Rockefeller and Rothschild. By: Steve Bonk Rockefeller Video. The Brothers. John D Rockefeller and William Rockefeller. The Beginning. Born in Richford, NY William Avery Rockefeller and Eliza Davison Moved to Cleveland. Early Start. Went into produce commission

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By: Steve Bonk Rockefeller Video

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  1. How Did They Get Rich? Rockefeller and Rothschild By: Steve Bonk Rockefeller Video
  2. The Brothers John D Rockefeller and William Rockefeller
  3. The Beginning Born in Richford, NY William Avery Rockefeller and Eliza Davison Moved to Cleveland
  4. Early Start Went into produce commission Partner: Maurice B. Clark Very successful, made $4,000 Wanted to continue partnership
  5. Oil Business Started their own oil refinery with the $4,000 Owned by him, Clark, and Clarks brothers Called Andrews, Clark & Company
  6. Going Solo John paid for Civil War fighters Keep business going Bought out Clark brothers for $72,500 “the day that determined my career”
  7. Monopoly? Bought out all competitors Ran others out of business Cutting prices Controlling all entry barriers (pipelines, oil terminals, Cooperage plants)
  8. Fortune John D. Rockefeller made the world’s largest private fortune in the oil business Founded Standard Oil Largest oil refinery in the world Broken up by Supreme Court in 1911
  9. Globalization Railroads being built Trading Took advantage of oil-needed economy
  10. Division 10,000 shares: John- 2,667 William- 1,333 Hired a lot of new employees Made sure he remained largest shareholder
  11. Family Trusts 1934 - 5 sons and daughter Consisted of oil company stocks and real estate 1952- grandchildren When they die, the trusts divide into new ones for their kids $110 billion
  12. Unknown Riches “trust form” Oliver Payne, Charles Pratt, Henry Flagler, John D. Archbold, William G. Warden, Jabez Bostwick, and Benjamin Brewster
  13. Donations John and his son donated over $1 billion in their lifetimes Spent most on philanthropy Medicine, education, scientific research
  14. Foundations Rockefeller Research laboratories Building The Rockefeller Center The Rockefeller University The Rockefeller Chapel The Rockefeller Hall
  15. Rothschild Family Mayer Amschel Rothschild – born in ghettos of Frankfurt Established a finance house Became a very popular banker
  16. Strategy Sent his five sons to different cities in Europe Nationalized banking Nathan sent to England with 20,000 Euros Amschel, Salomon, Calmann, and Jakob sent elsewhere
  17. Nathan Families riches started during the Napoleonic Wars (1813-1815) In charge of financing the British War effort Handled shipments to the Duke of Wellington’s army $ off commission 4 other brothers helped Transport gold across Europe
  18. The Favorite Son Nathan started N.M. Rothschild and Sons in 1811 1825- had enough money to give some to the Bank of England to avoid a crisis
  19. Globalization Banking business paid for to be built in Europe Countries could trade with each other Branch closed down in 1901 because there was no male heir Reopened in 1989
  20. Conspiracy Theories Both families linked to the illuminati Illuminati – groups/organizations who try to control world affairs The End
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