John D. Rockefeller (1839–1937) was an American industrialist and philanthropist who is best known for founding the Standard Oil Company, which became one of the largest and most influential corporations in the world during the late 19th and early 20th centuries. His business practices, including the establishment of a monopoly in the oil industry, led to significant public debate about corporate ethics and regulation, ultimately resulting in legal actions and the breakup of Standard Oil in 1911 under the Sherman Antitrust Act.
Rockefeller was also a prominent philanthropist, donating a significant portion of his wealth to various causes, including education, public health, and scientific research. He established institutions such as the University of Chicago and the Rockefeller Foundation, which continue to have a lasting impact today. His legacy is complex, as he is viewed by some as a shrewd businessman who contributed to America's growth, while others criticize him for monopolistic practices that harmed competition.
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