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Born in 1858, Walter Jennings was the eldest son of Oliver B. Jennings, a founding partner of Standard Oil. Raised amid immense wealth and influential connections, Jennings attended elite schools like Phillips Andover and Yale University, where he became a member of the secret Skull and Bones society. He earned a law degree from Columbia University and quickly carved his niche in the burgeoning oil and gas industry, following in his father’s footsteps.