Men Who Built America Essay

638 words - 3 pages

“The Men Who Built America”

“The Men Who Built America” was based off of three men, Rockefeller, Vanderbilt, and Carnegie, each played a very important role in making America what it is today. Rockefeller made a monopoly off of standard oil. Vanderbilt made a monopoly of the railroad system in America while Carnegie made a monopoly from steel. The men had many accomplishments throughout their lives.
John D. Rockefeller was born on July 8, 1839 and was an American industrialist and philanthropist. He founded Standard Oil which dominated the oil industry and became the first great U.S. business trust. Standard Oil began as an Ohio partnership formed by John D. Rockefeller, his brother William Rockefeller, Henry Flagler, Jabez Bostwick, chemistSamuel Andrews, and a silent partner, Stephen V. Harkness.  Adjusting for inflation, he is often regarded as the richest person in history. Rockefeller spent the last 40 years of his life in ...view middle of the document...

He provided the initial gift to found Vanderbilt University, which is named in his honor. Cornelius Vanderbilt's great-great-grandfather, Jan Aertson or Aertszoon, was a Dutch farmer from the village of De Bilt in Utrecht, Netherlands, who immigrated to New York as an indentured servant in 1650. The Dutch van der, which in English means “of the”, was eventually added to Aertson's village name to create "van der Bilt" ,which in English means “of De Bilt”, which was eventually condensed to Vanderbilt. Vanderbilt died on January 4, 1877 and left his fortune behind to his sons and wife.
Andrew Carnegie was born on November 25, 1835 and was a Scottish-American industrialist and philanthropist who led the expansion of the American steel industry in the late 19th century. Carnegie was born in Dunfermline, Scotland, and immigrated to the United States with his parents in 1848. His first job in the United States was as a factory worker in a bobbin factory. Later on he became a bill logger for the owner of the company, soon after he became a messenger boy. Eventually he made his way through the ranks of a telegraph company. He built Pittsburgh's Carnegie Steel Company, which was later merged with Elbert H. Gary's Federal Steel Company and several smaller companies to create U.S. Steel.  He is often regarded as the second-richest man in history after John D. Rockefeller. Carnegie started as a telegrapher and by the 1860s had investments in railroads, railroad sleeping cars, bridges and oil derricks. He built further wealth as a bond salesman raising money for American enterprise in Europe. Carnegie died on August 11, 1919. He had already given away $350,695,653 of his wealth. At his death, his last $30,000,000 was given to foundations, charities, and to pensioners
“The Men Who Built America” was a very good series that explained mainly who these 3 men were and what they did to help America become what it is today. All of these men had qualities that allowed them to be great industrialist and philanthropist. The enormous wealth these 3 men had accumulated they put back into many communities around the world. The wealth has also been passed down through the family since the men have passed away.

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