Impressed by Florida’s mild winter climate, Flagler decided to gradually withdraw from the company's day-to-day operations and turn his vision toward Florida and his new role of resort and railroad developer. In 1882, with the founding of the Standard Oil Trust, the then 52-year-old was earning and able to depend on an annual income of several million from dividends. When Henry Morrison Flagler first visited Florida in March 1878, he had accumulated a vast fortune with the Standard Oil Company (today Exxon Mobil) in Cleveland and New York as a longtime partner of John D. Flagler’s Fortune and Florida’s East Coast The Breakers’ celebrated history is a tribute to its founder, Henry Morrison Flagler, the man who transformed South Florida into a vacation destination for millions. Now into its second century, the resort not only enjoys national and international acclaim, but it continues to thrive under the ownership of Flagler’s heirs.
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