Quotessence
Home / Quotes / Quote by John D. Rockefeller

Quote by John D. Rockefeller

“I was born into it and there was nothing I could do about it. It was there, like air or food, or any other element. The only question with wealth is what you do with it.”

Quote by John D. Rockefeller

Author

John D. Rockefeller
John D. Rockefeller

John D. Rockefeller, born on July 8, 1839, and died on May 23, 1937, was one of the most famous industrialists and philanthropists in American history. He was renowned for his immense influence in the oil industry. Rockefeller founded Standard Oil, which later became one of the largest oil companies in the world. His business strategies and philanthropic endeavors had a profound impact on the economic and social development of the United States in the 20th century. more

You May Also Like

“Contrast 1968, when the CEO of General Motors took home, in pay and benefits, about sixty-six times the amount paid to a typical GM worker. Today the CEO of Wal-Mart earns nine hundred times the wages of his average employee. Indeed, the wealth of the Wal-Mart founder's family in 2005 was estimated at about the same ($90 billion) as that of the bottom 40% of the US population: 120 million people.”