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Standard Oil Part II
Acquired
The Weight of Rockefeller's Wealth
In 18 90, he was generating ten million dollars in annual income just from standard oil. By the time he actually retires, he's worth about 200 million dollars. He really just has this self perpetuating wealth because he owns a quarter of standard oil. In a roundabout way, he ends up owning a significant iron mining and ore deposit operation that ends up getting rolled up into us steel.
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