Standard Oil and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife. In 1870, Rockefeller abolished the partnership and incorporated Standard Oil in Ohio. Of the initial 10,000 shares, John D. Rockefeller received 2,667; Harkness received 1,334; William Rockefeller, Flagler, and Andrews received 1,333 each; Jennings received 1,000, and the firm of Rockefeller, Andrews & Flagler received 1,000. Rockefeller chose the "Standard Oil" name as a symbol of the reliable "standards" of quality and service that he envisioned for the nascent oil industry. In the early years, John D. Rockefeller dominated the combine; he was the single most important
George Bishop (businessman) George Bishop (businessman) George H. Bishop (born 1937) is an American billionaire businessman. He is the founder and Chief Executive Officer of GeoSouthern Energy, a petroleum and natural gas exploration company. He is ranked #324 on the Forbes 400 list of the richest Americans and is ranked #814 on the list of the world's billionaires with a net worth of US$2.5 billion. Bishop was born in 1937. Bishop founded GeoSouthern Energy, an oil company. He serves as its Chief Executive Officer. Bishop is also the owner of the Eagleford Restaurant in Cuero, Texas, where he has a ranch, and is