Dangote Vs Rabiu: The Business War Of Nigeria’s ‘Robber Barons’ By Alaba Abdulrazak
During the late 19th and early 20th centuries, a group of wealthy and powerful American businessmen emerged, who were referred to as ‘Robber Barons.’ These individuals played a significant role in shaping the United States' economic and industrial growth, but their methods became a subject of debate during that period.
The ‘Robber Barons’ of that period were accused of using unethical methods to monopolize industry and exploit workers. Some of the most famous ‘Robber Barons’ were John D. Rockefeller (Standard Oil), Andrew Carnegie (Carnegie Steel), J.P. Morgan (finance), and Cornelius Vanderbilt (shipping and railroads).
Other notable individuals identified as ‘Robber Barons’ were William A. Clark (copper), James Dunsmuir (coal, lumber), Marshall Field (retail), William Randolph Hear...