A robber baron is a derogatory name for a person who becomes rich and powerful at others expense whether it be low wages or fraud.
J P Morgan is one of the biggest robber barons. He started a number of Rail Systems Steel company's and General Electric.J P Morgan bought Carnegie steel for $480 million in 1901 (converted to 15,416,640,00.00 today) making it the first billion dollar corporation and making him richer than John D Rockefeller. John D built his empire by building a monopoly called Standerd oil how he did this was with outrageous cousts to ship or hed just drive them out of business. In 1890 he owned 90% of petroleum in the U.S. Cornelius Vanderbilt who was an industrialist and did shipping and rail. Henry ford was also a Robber baron and made cars available to the everyday man. Even thought they were the richest men in America and were thought to be corrupt alot of them donated money to charities or started collages like Vanderbilt University in NY
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