"X" (July 8, 1839 – May 23, 1937) was an American industrialistand philanthropist. He was the founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. "X" revolutionized the petroleum industry and defined the structure of modern philanthropy. In 1870, he founded Standard Oil Company and aggressively ran it until he officially retired in 1897.[1]
"X" founded Standard Oil as an Ohio partnership with his brother William along with Henry Flagler, Jabez Bostwick, chemist Samuel Andrews, and a silent partner,Stephen V. Harkness. As kerosene and gasoline grew in importance, "X" s wealth soared and he became the world's richest man and the first American worth more than a billion dollars.[a] Adjusting for inflation, he is often regarded as the richest person in history.[2][3][4][5]
"X" spent the last 40 years of his life in retirement in his domicile in Kykuit, Westchester County, New York. His fortune was mainly used to create the modern systematic approach of targeted philanthropy. He was able to do this through the creation of foundations that had a major effect on medicine, education and scientific research.[6]His foundations pioneered the development of medical research and were instrumental in the eradication of hookworm and yellow fever.
"X" was also the founder of both the University of Chicago and "X" University and funded the establishment of Central Philippine University in the Philippines. He was a devoted Northern Baptist and supported many church-based institutions. "X" adhered to total abstinence from alcohol and tobacco throughout his life...
ANSWER:JOHN DAVIDSON ROCKEFELLOR
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