Titan: The Life of John D. Rockefeller Sr. - cover

Titan

The Life of John D. Rockefeller Sr.

By Ron Chernow

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About the book

Ron Chernow's biography of John D. Rockefeller Sr. follows the oil magnate from a childhood shaped by a devout Baptist mother and a bigamist father who peddled snake-oil cures, through the creation of Standard Oil and its near-total control of American refining, to the philanthropy of his later decades. Chernow aims for a balanced portrait, covering critics' charges of predatory pricing, railroad collusion and bribery while also showing Rockefeller's faith, frugality and dry humor. The research rests on unrestricted access to Rockefeller's papers, including 1,700 transcribed pages of private interviews from late in his life that no earlier biographer had used. Published in 1998, it was shortlisted by the National Book Critics Circle for its biography award.

Charlie Munger called it one of the finest business biographies he had ever read, and Ryan Holiday said it earned all 800 of its pages, with lessons more about life than business.

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This book has 6 recommendations

Ryan Holiday (Founder/Brass Check)

A biography has to be really good to make read you all 800 pages. To me, this was one of those books. Since reading it earlier this year, I’ve since found out it is the favorite book of a lot of people I respect. I think something about the quality of the writing and the empathic understanding of the writer that the main lessons you would take away from someone like Rockefeller would not be business, but life lessons. In fact, when I went back through and took notes on this book, I filled out more cards for Stoicism than I did for Strategy, Business or Money. I found Rockefeller to be strangely stoic, incredibly resilient and, despite his reputation as a robber baron, humble and compassionate. Most people get WORSE as they get successful, many more get worse as they age. Rockefeller did neither of these things, he grew more open-minded the older he became, more generous, more pious, more dedicated to making a difference. Does that excuse the “awful” things that he did? Well, the things he did really weren’t that awful so yes. (By that I mean I’d certainly choose him over the robber barons of this age like Zuckerberg or Murdoch.)

Recommended by Ola Olusoga (Co-founder/Populum)

Source: Interview with Ola Olusoga: How Books Have Guided His Path To Self-Discovery

Matt Calkins (CEO/Appian)

This is how a creative and intense person wrestled with the emergence of an industry. By owning the oil refining stage, he figured he could protect oil from the otherwise inevitable boom-and-bust cycle that would tear up investments made in the industry. It was a business feat to put together Standard Oil, and this history makes it clear what kind of person it took to achieve that feat.

John Doherty (Founder/Credo)

I am trying to gain insight into what made one of the most successful people in recent history successful. I believe in learning about people like him, both the good and the bad, and thinking critically about how I want to live my life.

Charlie Munger (Vice Chairman/Berkshire Hathaway)

Another book that I liked very much this year was "Titan", the biography of the original John D. Rockefeller. That's one of the best business biographies I have ever read.

Mohnish Pabrai

Very compelling biography on John D. Rockefeller, a must read.

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Ryan Holiday, Ola Olusoga, Matt Calkins, John Doherty, Charlie Munger, Mohnish Pabrai

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Ron Chernow

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