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Rockefeller's First Loan
- At 12 years old, John D. Rockefeller loaned a farmer $50 at 7% interest.
- This early success instilled in him the principle of making money work for him.
Rockefeller's Upbringing
- Rockefeller wasn't born wealthy; his father was a traveling salesman.
- He found order and structure in religion and finance, which shaped his life.
Investing in Oil
- At 23, Rockefeller convinced his partner, Maurice Clark, to invest in an oil refinery.
- This investment quickly paid off, marking Rockefeller's entry into the oil industry.