Standard Oil an "unreasonable" monopoly under the Sherman Antitrust Act, Section II. It ordered Standard to break up into 34 independent companies with different boards of directors, the biggest two of the companies were Standard Oil of New Jersey (which became Exxon) and Standard Oil of New York (which became Mobil). Standard's president, John D. Rockefeller, had long since retired from any management role. But, as he owned a quarter of the shares of the resultant companies, and those share values mostly doubled, he emerged from the dissolution as the richest man in the world. The dissolution had actually propelled Rockefeller's personal
Madagascar Oil Trust. Madagascar Oil Madagascar Oil SA is an oil company operating in Madagascar. Its parent company was originally Madagascar Oil Limited (Mauritius). In March 2006, simultaneous with a US$60m fund raising to North American managed hedge funds, the parent company was reorganised as Madagascar Oil Limited in Bermuda. It is the principal onshore oil company in Madagascar in terms of oil resources and land. Madagascar Oil was founded in 2004 by Canadian engineer Sam Malin and Australian businessman Alan Bond. Madagascar Oil's operational office is in Antananarivo, Madagascar and its administrative offices are in Hamilton, Bermuda and Port Louis, Mauritius