Rockefeller's Standard Oil, which was broken up in 1911. Exxon's net worth is estimated to be around $350 billion.
Exxon Mobil is a global oil and gas production company based in Irving, Texas. It was formed in 1999 when Exxon and Mobil merged, both of which were originally part of John D. Rockefeller's Standard Oil. Exxon is the largest of the oil "supermajors" and produces 3.291 million barrels of oil a day. It is the largest publicly traded company in the world and the largest company in the world based on revenue. With an estimated net worth of $350 billion, Exxon is one of the most valuable companies in the world.
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💰Exxon Net worth: $350 Billion
Rockefeller's Standard Oil Trust, but were split apart in the 1890s, so as not to monopolize the market. Their merger in 1998, was unprecedented, as it meant that previously merged companies were re-merging, and that the two largest oil companies were becoming one. The Exxon Corporation has come under fire for multiple oil spills, and uses more single-hull oil tankers to ship crude oil than the ten other oil companies combined. The company has been responsible for the 1989 Exxon Valdez spill (11 million gallons), the Greenpoint, Brooklyn spill (17 to 30 million gallons over a 100 year span), the 2011 Yellowstone River Spill (1000 barrels of oil), and the 2012 Baton Rouge pipeline spill (80,000 gallons).
