Standard Oil, Henry Rogers As A Tycoon and Philanthropist
Pratt's companies (and he and Rogers) became part of John D. Rockefeller's Standard Oil in 1874. After joining Standard Oil, Rogers invested heavily in various industries, including copper, steel, mining, and railways. The Virginian Railway is widely considered his final life's achievement. Rogers amassed a great fortune, estimated at over $100 million, and became one of the wealthiest men in the United States. He was also a generous philanthropist, providing many public works for his hometown of Fairhaven and financially assisting such notables as Mark Twain, Helen Keller, and Booker T. Washington.
Read more about this topic: Wamsutta Oil Refinery
Famous quotes containing the words standard, rogers and/or tycoon:
“I find it interesting that the meanest life, the poorest existence, is attributed to God’s will, but as human beings become more affluent, as their living standard and style begin to ascend the material scale, God descends the scale of responsibility at a commensurate speed.”
—Maya Angelou (b. 1928)
“I don’t believe that children can develop in a healthy way unless they feel that they have value apart from anything they own or any skill that they learn. They need to feel they enhance the life of someone else, that they are needed. Who, better than parents, can let them know that?”
—Fred Rogers (20th century)
“Gossip isn’t scandal and it’s not merely malicious. It’s chatter about the human race by lovers of the same. Gossip is the tool of the poet, the shop-talk of the scientist, and the consolation of the housewife, wit, tycoon and intellectual. It begins in the nursery and ends when speech is past.”
—Phyllis McGinley (1905–1978)