Most people think John D. Rockefeller earned all of his riches from buying up, bankrupting, and undercutting his competition. This is the return of
Rockefellerâs fortune New technology is disrupting the energy market and could turn into a trillion-dollar opportunity over the next 10 years. Most people think John D. Rockefeller earned all of his riches from buying up, bankrupting, and undercutting his competition. But there’s another surprising way he became the world’s first billionaire: He was able to unlock the ability to sell oil that nobody else wanted. He turned sour oil fields in Ohio into riches. The oil tycoon had a key to transform the unusable into something sellable, and very profitable. Rockefeller used this secret innovation to build Standard Oil into the most profitable and powerful oil company of its time, until the Supreme Court forced it to break into 34 smaller companies. And this same secret innovation that was key to Rockefeller’s fortune more than 100 years ago, has resurfaced again today. History is repeating itself, says former hedge fund manager Adam O’Dell. Only this time, it isn’t in the oil industry. “It makes oil look like a small fry,” he says. “This untapped energy source provides five times the total power output of the largest oilfield in the world.” We’re seeing the same ripe conditions that were in the oil industry a century ago, he says, promising the birth of a new era of energy tycoons. New energy millionaires, billionaires, and quite possibly the world's first trillionaires will be made over the next decade. This energy innovation will create the Rockefeller’s of modern-day society, the top 1% financial analyst in the world says. “There was a time when the richest people in the world were energy entrepreneurs, like oilman John D. Rockefeller,” O’Dell says. “He’s considered the richest man in history with a net worth of over $400 billion in today’s money. And now, we’re returning to that.” “It’s a trillion-dollar treasure trove,” he adds. [You can watch O’Dell explain this resurfaced innovation here.]( [Click here if you are unable to see the image.]( --------------------------------------------------------------- Â Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2023 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe.](