*Includes pictures *Includes the business magnates\' quotes about life and work *Includes online resources and a bibliography for further reading The Gilded Age and the dawn of the 20th century are often remembered as an era full of monopolies, trusts, and economic giants in heavy industries like oil and steel.
Similarly, he financed Federal Steel Company and consolidated various other steel busine.
Morgan who bankrolled the consolidation of behemoth corporations across various industries, including the merging of Edison General Electric and Thomson-Houston Electric Company, which subsequently became General Electric, still known simply as GE across the world today.
It was J.
P.
When Robber barons across America took the reins of vast industries, they needed financing, and many of them turned to the most famous banker of all: John Pierpont Morgan.
At one point, Rockefeller\'s wealth was worth more than 1.5% of the entire country\'s gross domestic product, and by adjusting for inflation, he is arguably the richest man in American history if not world history.
Rockefeller forged his empire in the first few decades of his life and nearly worked himself to death by the time he was 50, which helped compel him to retire for the last several decades of his life.
Rockefeller had been groomed ambitiously by a huckster father nicknamed Devil Bill, who was just as willing to cheat his son as an unsuspecting public, and John certainly chased his dreams of living long and large.
Rockefeller, who co-founded Standard Oil and turned it into the first real trust in the United States.
When historians are asked to name the richest man in history, a name that often pops up is that of John D.
Vanderbilt was a railroad and shipping magnate at a time that the industry was almost brand new, but he rode his success to become one of the richest and most powerful men in American history.
Dozens of men were called Robber barons, but few of them were as notorious as Cornelius Vanderbilt, who also happened to be one of the nation\'s first business titans.
Over time, the unfathomable wealth generated by the businesses made the individuals on top incredibly rich, and that in turn led to immense criticism and an infamous epithet used to rail against them: Robber barons.
The era also made names like Astor, Cooke, and Vanderbilt instantly recognizable across the globe.
Morgan merged and consolidated them.
Men like Andrew Carnegie built empires like Carnegie Steel, and financiers like J.
P. *Includes pictures *Includes the business magnates\' quotes about life and work *Includes online resources and a bibliography for further reading The Gilded Age and the dawn of the 20th century are often remembered as an era full of monopolies, trusts, and economic giants in heavy industries like oil and steel
