Thursday, January 22, 2015
This
"face"—which frightened some of the world's most powerful politicians
and whose peculiar and completely erroneous peccadilloes shaped the complex world we now live in—died two months shy of his 99th birthday on May 23, 1937. The ghost of John D. Rockefeller
still haunts mankind, and the power he wielded in the 19th and 20th
centuries was, and remains, unparalleled among the the global money
barons of the world. Rockefeller became the richest man in America, and by 1880, he sat on the pinnacle of world power. Most people believe the offspring of Meyer Amschel Rothschild,
the rag merchant king of Frankfort, Germany, turned numismatic dealer
who became the private banker of the Hapsburgs, was the wealthiest
family in the world. In 1870 when oil was discovered in the Russian port
of Baku on the Caspian Sea, he wasn't. Rockefeller controlled 85% of all of the oil refined in the world. The Baku oil field was the largest oil strike to date. By 1884 Rothschild and the Nobel brothers were pumping as much oil from the Baku oil fields as Rockefeller was from all of his holdings in the United States. Rockefeller saw his dominant role in controlling of the price of oil compromised by the Baron Alphonse Rothschild and Alfred and Robert Nobel.
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