Twice as rich as Jeff Bezos, but because of this mistake, the King of Oil was almost hanged by his workers

Tram Ho

The huge wealth of Rockefeller – The double rich guy Jeff Bezos

John David Rockefeller was born in New York in 1839 to a poor family. As a child, when he was in school, he was considered the weakest, slowest and most faint student in the class. His strong ability is very good at numbers. Therefore, Rockefeller decided to drop out of high school to learn more about how to manage numbers. He enrolled in a three-month business course at a commercial school to learn the most basic knowledge about accounting and banking.

After graduating from college with many unsuccessful job applications, finally on September 26, 1855 (when he was just 16 years old), he found an accounting job at a small company. That event marked an important turning point in the life of the billionaire later, which he celebrated more solemnly than the date of birth in the world.

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Portrait of oil tycoon John D. Rockefeller.

Early in his career, at age 25, John D. Rockefeller ran one of the largest refineries in the United States. At 31, he became the world’s largest oil trader. Seven years later, the billionaire dominated 90% of the oil in the United States and when he retired at the age of 58, Rockefeller was the richest man in the country.

Global economic history also once recorded him as the richest person on the planet. According to Forbers figures, in 1913, Rockefeller became the richest man in modern world history. His assets hold 1.5% to 2% of the US economy, equivalent to 1 / 65-1 / 50 GDP of the United States.

Its value is estimated at more than 1 billion USD (in 1913), equivalent to about 400 billion USD today. That is, if Bezos (the richest man on the planet today) wants to be as rich as him, he must double his net worth to about 399.2 billion USD (Bezos currently only has about 145.6 billion USD). So, can you imagine the immense amount of wealth ever in the hands of Rockefeller?

Do you know what a “terrible” US $ 1 billion?

With a face value of 1 USD = 22,500 VND, 1 billion USD will be equivalent to 22,500 billion VND, or 45 million VND bills. When we use 500,000 VND to pile up 1 billion USD, it will be 4,500m high, or 4.5km, 1.5 times higher than Fanxipan (3,143m).

With nearly 400 billion USD already, Rockefeller owns assets equivalent to about 9,000,000 billion VND. This also means that if you use the VND 500,000 stacked banknote, it will be as high as 1,800,000m (1,800km), about 573 times the peak of Fanxipan.

However, when he died at age 98, the total assets of the richest billionaire of all time only left over $ 26 million after having contributed so much to charity and divided to the heirs.

Throughout his life, with exceptional talent, Rockefeller has led the company to a miraculous acceleration, overcoming all periods of global economic crisis, helping stabilize an unstable industry. jobs, lowering oil prices and being the greatest philanthropist in human history.

When talking about this respectable billionaire, in his book, “The Key to the World,” Dale Carnegie specially analyzed two secrets worth his learning about how to deal with people.

Overcome the bloody static demonstration of workers with friendly attitude

In 1915, Rockefeller was the most hated man in Colorado. Rockefeller-led Colorado miners of Iron and Fuel in Colorado launched a strike demanding a raise. It was one of the bloodiest strikes in American industrial history, shaking the whole federation. Over the course of two years, property and factory were destroyed, those who participated in the strike were suppressed by the army, many fell down, and blood spilled a lot.

While the atmosphere of hatred was dwindling like that, Rockefeller was able to successfully reconcile with the strike. He gave a very sincere speech to the representatives of the strike. This talk deserves a masterpiece because it has achieved an amazing result. It calmed the tide of hatred and aggression, and at the same time paved the way for many to take his side.

Rockefeller presented so modestly and so sincerely that strikers returned to work without saying a word about the pay rise – the reason they had been fighting for so long.

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Rockefeller is considered a typical example in the application of principle 2 and principle 13 of Dac Nhan Tam.

Rockefeller spoke to those who had just asked to hang himself and were more considerate and intimate than ever. His speech appeared many sentences such as: I am proud to be here, after visiting your home, after having met your wife and children. We meet not as strangers but as friends … in a spirit of cordiality, for our mutual benefit. It is because of your kindness that I am here …

The historic speech was started by Rockefeller: ” This is a happy day in my life. For the first time, I was fortunate to meet all the delegates of the people working in this big company, the employees, the managers. I was really moved to be here, I will remember this meeting for the rest of my life, so if this meeting happened two weeks ago, I would be standing here like a distant person. strange to most of you, I can only recognize a few faces, but last week I was lucky enough to visit all the camps in the southern coal region, visit my family and talk privately with people, Having met many of your relatives and your wives and children, we now meet in friendship.

And it is because of that cordiality that I am happy to discuss with you about the mutual interests of both sides. I am here, at the meeting of company members and workers’ representatives, because of your kindness. I don’t have the luck to belong to any of these groups, but I want to be intimately connected with you, because in a sense I represent both the leadership and the benefits of everything. both of you … “.

The author of the book, Dac Nhan Tam, said that the speech of the oil king is a great testament to the art of turning enemies into friends. If Rockefeller tried to argue with the miners, pointing out that their wrongdoing, hatred and conflict would grow even more.

But it was the sweet nectar in communication that helped Rockefeller soothe the hearts that were aching with discontent. Dale Carnegie believes that when a person has a grudge against you, even if our words are right and convincing, they will not be heard. Then it must use a sweet honey to soothe aversion. Like Lincoln said, ” There is an old adage that says:” A drop of honey catches more flies than a barrel of bitter water . ” If you want someone to follow your will, you must first prove that you is his sincere friend. The sweet honey in his heart will win his heart and the wide path to human reason “.

The sweet secret in this communication is starting with a friendly attitude. Like the famous poet R. Tagore once said: ” Kindness and gentle manners are an expression of a noble soul”.

When you start to lower your ego a little bit, sincerely care and respect for others to always treat them gently, willing to openly interact, treat dissent as just a beginning for The good thing is for sure, you will always win in every communication, with anyone, in any situation. With just a little patience and sincerity, we will easily come to harmony with everyone.

2nd secret of the King of Oil: Establishing importance

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Rockefeller deeply understands that making others aware of their importance is the key to your success. The secret here is the art of using honest praise and appreciation.

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In Rockefeller’s company, his employee Edward Bedford once caused $ 1 million in damages (the amount was huge at the time when the salary of many people was only 4-5 cents / day) in a deal. buy and sell in South America. However, instead of criticizing, John D. Rockefeller praised Bedford for saving 60% of the money Rockefeller invested. Rockerfeller did so knowing that Edward had tried his best. He said: “That’s great. We don’t always do that well.”

As a person who is well aware of the importance of individuals who want to be recognized for their importance, Rockefeller affirmed, praising and thanking those around them sincerely is the magic wand that creates friendship. great love and encouragement.

Each person who is sincerely praised will naturally correct his bad qualities to become more perfect. The praise that comes from the heart is not the same as the flattering (poison devastates people). On the contrary, the more sincere praise is, the more motivated people are to recognize limitations, correct mistakes and develop more fully.

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Photograph of Rockefeller in 1874.

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Source : Genk