Oil Barons of Yore Divesting their Interests

Posted by on September 30, 2014

The New York Times reported last week that the Rockefeller Brothers Fund, which is the Rockefeller family’s $860 million charitable organization, will divest itself of fossil fuel holdings following a movement that began on college campuses two years ago. The Rockefeller brothers amassed much of their vast wealth from The Standard Oil Company which they co-founded back in 1870.

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