Question

What happened to john D Rockefeller’s wealth

Answer 1

Answer: He gave much of his money away to charities for the poor

Explanation: The short answer is that he gave around half of his fortune to charity (through his foundation), and the other half was set aside in trusts to benefit family members over generations. At the time of his death, John controlled an estimated $1.4 billion in actual dollars and other liquid assets.

Answer 2

American wealth does not tend to remain more than three ages; for the next 6 or 7 centuries, the Rockefellers have suffered plenty.

Step-by-step explanation:

A major contrast between traditional American capital and traditional European capital is that European wealth leads to a much longer duration. "Primogeniture" is a rule / procedure as the eldest son (or the eldest daughter in the absence of sons) supports the fate of the whole nation, and other sons and daughters obtain unmatched information, but not much more.