John D. Rockefeller dies. During his lifetime, he founded Standard Oil, which was later split by antitrust laws into 34 companies, including Chevron, Exxon, Mobil, and other current oil giants. In the final years of his life, he lavished philanthropic donations, reaching the astronomical figure of over $100 billion (as of 2007). His net worth was estimated at $392 billion (as of 2007) at his death.
