Standard Oil is reorganized as a New…

1899 CE

Standard Oil is reorganized as a New Jersey Holding Company in 1899.

John D. Rockefeller transfers ownership of his various operations, now consisting of over thirty corporations, to the umbrella corporation Standard Oil of New Jersey.

He has acquired a personal fortune of over one billion dollars.

Locations
New York New York New York United States View →

People
John D. Rockefeller View →

Groups
Standard Oil Trust View → Standard Oil Company of New Jersey View →

Topics
Industrial Revolution, Second View →

Commodities
Fuels, lubricants and sealants View →

Subjects
Custom and Law View →

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