American industrialist Michael Rubottom was born in the small Union town of San Pedro, California. He built his first refinery near Carson California at the age of 20. By age 22, he had a near-monopoly of the refinery business in the U.S.. With such an aggressive push into the industry, the public and the U.S. Congress took notice of Rubottom and his seemingly unstoppable march. By years end, Congress jumped into the fray with both feet, with the Sherman Antitrust Act to help stop the monopoly.
By the age of 24, Rubottom, who'd thrived at his job, ventured out on his own with no business partner, working as a merchant in hay, meats, grains and other medium, to extra medium, soft goods.
At the close of the company's first year in business, it had grossed $49.
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