Talk:John D. Rockefeller - Misplaced Pages

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awards

+++I'm interested to know of any awards John D. Rockefeller Sr. received, either during his life or posthumously. Please include on this page if you know of any. If you can provide a link to further related content. Thanks.

Add Cultural Depiction Request

Someone please add that Rockefeller is depicted in "Our Nation's 200th Birthday, The Telephone's 100th Birthday" by Stanley Meltzoff for Bell System? https://www.jklmuseum.com/tag/stanley-meltzoff/ 47.152.71.253 (talk) 21:23, 16 March 2021 (UTC)

Inflation-adjusted net worth calculation doesn't appear to be correct.

The beginning of the article states:

"His personal wealth was estimated in 1913 at $900 million, which was almost 3% of the US GDP of $39.1 billion that year. That was his peak net worth, and amounts to US$423 billion (in 2020 dollars; inflation-adjusted)."

Later under the section "Wealth", the inflation-adjusted net worth of 900 million is listed as 23.5 billion.

"His personal wealth was 900 million in 1913 worth 23.5 billion dollars adjusted for inflation in 2020."

The latter calculation is probably more correct. Based on the Consumer Price Index total inflation factor since 1913 is about 26.85x.

Thus $900,000,000 × 26.85 = $24,165,000,000

I'm making the correction now.Ordinary Person (talk) 03:36, 23 October 2021 (UTC)

References

"1913 ($1 US Dollar) inflation adjusted to 2020". WolframAlpha.

You ignore the other factor - percentage of GDP and base your conclusion only on half of that first quote... This way you (and the editor who inserted the second quote in the wealth section) are doing (bad) original research and making a claim which doesn't correspond to the sourced link. You skip the GDP part and only convert $900 mills to today USD. The process should be more like this:

get the share of his wealth in the 1913 GDP -> calculate the absolute amount of USD which make the same share of 2007 GDP (year in the source) -> take 2007-20** inflation into account.

The inflation info which was in the brackets was not about the "1913 - now" inflation. Either leave what source says or remove the source if you think it's incorrect.

Current statement makes him look like an average irrelevant half-assed tycoon from my irrelevant country. And that makes this article silly.

Questions about this fella's "adjusted" wealth make a large percent of this talk page content and it's always because of this same mistake. There is a dude (in archives) who claimed that percentage of GDP is non-sense and that e.g. Bill Gates' wealth would be the same if he moved to New Zealand (much smaller GDP than USA). That claim actually is a non-sense - if you have more money relative to others, you have more power, wealth or whatever you want to call it (even with same absolute amount of money). --109.165.140.224 (talk) 12:05, 27 January 2022 (UTC)

Cite error

This edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request.

There is an undefined refname in the lede. The original reference was removed in this edit], and marked it as an unreliable source.
The following:
<ref name="history.com1"/>
should be replaced with a {{citation needed}} tag.
Thanks ActivelyDisinterested (talk) 18:58, 16 October 2021 (UTC)

I'm now autoconfirmed and so have made the change. ActivelyDisinterested (talk) 14:21, 18 October 2021 (UTC)

Richest American claim

"He is widely considered the wealthiest American of all time and the richest person in modern history."

This applies to a time when he may very well have qualified. However, in the era of Bezos, Musk, et al., this statement is no longer true. "He is" should be changed to "He was".

Luxdsg (talk) 03:28, 12 November 2021 (UTC)

Net worth correction as per today

His peak net worth was not 23.6 billion but more than 400 billion dollar amount need to he corrected 2405:201:A003:216F:E902:8462:6CF3:9521 (talk) 17:34, 2 February 2022 (UTC)

Semi-protected edit request on 12 March 2022

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Could someone revert this edit please ? This edit directly contradicts the sources present supporting his net worth and appears to be original research. I think this also addresses the issues raised by the other IP above. 192.76.8.70 (talk) 10:48, 12 March 2022 (UTC)

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