Rensselaer Semi-Weekly Republican, Volume 22, Number 95, Rensselaer, Jasper County, 16 August 1901 — WORTH NEARLY A BILLION. [ARTICLE+ILLUSTRATION]

WORTH NEARLY A BILLION.

For Ten Years John D. Rockefeller's Income Has Been $30,000,000 a Year. The statement has been published in New York upon the authority of a Wall street banker, who has close business relationship with the Standard Oil Company, that John D. Rockefeller’s wealth is now nearly $1,000,000,000. The following table of the oil king’s holdings is given: Standard Oil stock, $300,000,000; United States steel stock, $75,000,000; Amalgamated Copper, $50,000,000; American Sugar, $20,000,000; gas com-

panics In Greater New York, $85,000,000; gas companies In other cities, $50,000,000; railway securities, $200,000,000; industrial and miscellaneous, $150,000,000; realty, $15,000,000. Total, $945,000,000. The banker Is quoted as saying; “I don’t think any man will deny that Mr. Rockefeller has made an average of $30,000,000 a year for ten years. The reinvestment of this sum aloue, supposing he had no principal, at 5 per cent compound Interest, would mean the addition of more than $400,000,000 to his riches. “His Standard Oil holdings in three or four years have doubled In market vnlue; his railway and other securities have advanced tremendously, and In the past three years his wealth has Increased to a sum which would astonish the American people If the actual figures were laid before them.”

BILLIONAIRE ROCKEFELLER.