Captains of Industry or Robber Barons?

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Captains of Industry or Robber Barons? by Mind Map: Captains of Industry or  Robber Barons?

1. Made an impact on Illinois, Maine, Georgia, Virginia, and New York. Rockefeller makes a deal with a ralroad that garunteed a certain amount of shipments in return for a rebates

2. John D. Rockefeller

2.1. During the 1890's Rockefeller had such an extent to his wealth, he hired Frederick T. Gates to deal with his finances. When Rockefeller died in 1937, his estate was only worth about $26,410,837 due to the fact that he had given most of his money to philanthropies and his son. -Maddie Dahne

2.2. New node

3. Andrew Carnegie

4. J. Pierpoint Morgan

4.1. He spent his money on rare books, manuscripts, drawings, prints, and ancient artifacts. - Ali Hyatt

4.2. He started off as an accountant and then started to reorganize railroads. He then became a board member and gained control of large amounts of stock of the different rail companies he helped restructure. - Cruz Martinez

5. He obtained his wealth by getting evolved in the oil business he later bought out his partners and founded Rockefeller&Andrew which became the largest oil refinery in Cleveland

6. Carnegie was born in 1835, and immigrated to the United States in 1848 with his parents. Working in American industry, he amassed a fortune before the age of thirty. In the 1870s, he noted the potential of the steel industry and foundedJ. Edgar Thomson Steel works near Pittsburgh, later named the Carnegie Steel Company. The company boomed, and in 1901, Carnegie sold it to financier J. P. Morgan for $480 million, received $250 million as his personal share, and retired. Carnegie devoted the rest of his life to writing and philanthropic activities. _Quiera Brannon

7. Rockefeller got involved in the oil business, with partners Maurice Clark and Samuel Andrews. AndrewsClark & Co. he builds a refinery in The Flats, Clevelands burgeoning industrial area, that soon would be linked to the East Coast hubs by the Atlantic and Great Western Railroad. ~Karran Costley

8. New node

9. New node

10. Donovan Carter

11. New node

12. Andrew Carnegie- - he worked his way up through the pennsylvania railroad system starting out as a personal telegraph he later then worked for the keystone bridge company starting out his profitable carreer - pushed workers to work long hours with low wages, preached for labor rights but did not live up to his word. - He spent his money building the steel industry, he bought a steel company. - established 2500 public librarys, - caption of industry because he was for labor rights, and also owned thebuisnesses -Nick Boellner

13. John Hopkins

14. Vanderbilt rose from poor beginnings to become a wealthy leader of his steamboat and railroad empires. Beginning by running a steamboat company, Vanderbilt took advantage of trade in and out of New York along the Hudson River. During the California gold rush of 1849, many people travelled by boat, which Vanderbilt used to his advantage. As he neared 70, Vanderbilt built a railroad empire by acquiring a series of existing railroads, opening up jobs for thousands of men when the panic of 1873 hit. ~Marcus Dieterle

15. Cornelius Vanderbilt

15.1. Cornelius Vanderbilt was an American steamship, promoter and more. He started his first business at 16 where he opened a transport and freight service between New York City and Staten Island 18 cents a trip.When the panic of 1873 was at its worst point, he announced that the New York Central was paying out millions of dividends as usual, and let contracts for the building of the Grand Central Terminal in New York City, with four tracks leading from it, giving employment to thousands of men. Cierra F

16. Johns Hopkins

17. Johns Hopkins

18. Hopkins invested in the Baltimore and Oil Railroad where e gained most of his money. Before his death he made the Johns Hopkins University and Hospital. His fortune of 7 million dollars was divided equally and given to the hospital and university. --Salomé Younes

19. Hopkins made most of his fortune by lending his money to men who had been refused by the bank. Once they had become successful they would pay him back, which profited him greatly. Without his generosity and kindness, many of Baltimore's greatest fortunes would have never been created. Emily Stubb

20. Vanderbilt was known to be very honest. When he died he left an estate of almost $100 Million. I think he was a Captain of Industry because he did a lot of great things for it. - Paul Gibbs

21. John Hopkins was a man that spent his money in others. He for some reason stated in his will that he wanted two institutions that would influence baltimore greatly. It was from his B&O stocks that he was able to fund these large establishments. ~ Morgan Taylor