University of Chicago

Acquired · Oct 18

Standard Oil Part II (Extended Cut)

Rockefeller built it in Chicago rather than New York partly because it was cheaper and so charity would not look like buying goodwill. It was heavy on overhead and pomp, the opposite of the lean Institute.

Tips

• Rockefeller put the University of Chicago in Chicago so his giving would not look like buying goodwill▶ 39:00Rockefeller University only took his name in the 1950s, after his death.