The First Billionaire

The First Billionaire
By Finance Ocean

Who was the first billionaire in the United States?

Pick an answer:

1. Benjamin Franklin
2. Andrew Carnegie
3. J.P. Morgan
4. John D. Rockefeller

Answer: # 4


Explanation: John D. Rockefeller founded the Standard Oil Company in 1870. When gas and kerosene began to increase in importance, his wealth increased dramatically, making him the first billionaire in the United States.



When adjusting for inflation, many regard him to be the richest person of all time.


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