John D Rockefeller: The first billionaire

Listen to this episode from Good Bad Billionaire on Spotify. John D Rockefeller built his fortune refining oil and founding Standard Oil. A pioneer of the U.S. business trust, he helped shape the structure of the modern corporation. His influence lives on in companies like Chevron, ExxonMobil, and ConocoPhillips, and in institutions like the Rockefeller Foundation. But not everyone saw him as a visionary. President Theodore Roosevelt branded the Rockefeller family a “malefactor of great wealth,” and Rockefeller’s monopoly helped spark America’s first antitrust laws. To some, he was a ruthless robber baron; to others, a generous philanthropist who gave away over $500 million. BBC business editor Simon Jack and journalist Zing Tsjeng unpack the contradictions of Rockefeller’s empire. Can great giving make up for great power?In this special series, Good Bad Dead Billionaire, find out how five of the world's most famous dead billionaires made their money. These iconic pioneers who helped shape America may be long gone, but their fingerprints are all over modern industry - in business trusts, IPOs, and mass production. They did it all first, but how did they make their billions?Good Bad Billionaire is the podcast exploring the lives of the super-rich and famous, tracking their wealth, philanthropy, business ethics and success. There are leaders who made their money in Silicon Valley, on Wall Street and in high street fashion. From iconic celebrities and CEOs to titans of technology, the podcast unravels tales of fortune, power, economics, ambition and moral responsibility, before inviting you to make up your own mind: are they good, bad or just another billionaire?