Born into poverty, which legendary American oil tycoon went on to become the world's first billionaire?
Answer John D. Rockefeller
John D. Rockefeller, Sr. founded Standard Oil Company in 1870 and stayed at the helm until finally stepping down in 1897. He remained the largest shareholder until 1911, when his company's monopoly over the oil industry had grown so great that the Supreme Court ordered its break up — an event that Rockefeller emerged from even richer. In 1913, he reached his peak net worth of $900 million. when adjusted for inflation, that's equal to more than $400 billion in today's dollars. In other words, more than Jeff Bezos and Elon Musk... combined. Rockefeller is widely considered the wealthiest American of all time.
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