The very first billionaire John Davison Rockefeller, Sr. founded Standard Oil Company was a Baptist who did not wait until he became rich to become generous said, "I never would have been able to tithe the first million dollars I ever made if I had not tithed my first salary, which was $1.50 per week." As his wealth grew, so did his giving!
A millionaire at the age of 23, Rockefeller, became a billionaire, by the age of 50.
Rockefeller spent the last forty years of his life creating foundations that had a major impact on medicine, education, and scientific research. His foundations pioneered the development of medical research and was instrumental in the eradication of hookworm and yellow fever. His foundation led to the discovery of penicillin, cures for current strains of malaria, tuberculosis and diphtheria along with an enormous amount of other discoveries.
Giving away more than $555 million during his lifetime, Rockefeller believed he was a steward of all he had. He taught his family that what they inherited was theirs on a service basis. And, that money brought tremendous responsibility as well as opportunity. Rockefeller strongly believed that the ability to make money is a gift from God to be developed in order to make as much as possible, and then the money is to be used wisely for the good of mankind.
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