Rockefeller, banker and philanthropist, dies at age 101

Source:Agencies Published: 2017/3/20 23:48:39

David Rockefeller, the billionaire businessman and philanthropist who was the last in his generation of one of the country's most famously philanthropic families, died Monday. He was 101.

Rockefeller died in his sleep at his home in Pocantico Hills, New York, according to his spokesperson.

He was the grandson of Standard Oil co-founder John D. Rockefeller and the youngest of six children born to John D. Rockefeller Jr. With the passing of his siblings, he became the guardian of his family's fortune and head of a sprawling network of family interests, both business and philanthropic, that ranged from environmental conservation to the arts.

Aspects of the Rockefeller brothers' upbringing became famous, including the 25-cent allowance, portions of which had to be set aside for charity and savings, and the inculcation that wealth brings great responsibility.

Two of his brothers held elected office: Nelson Rockefeller served as the governor of New York, aspired for the White House and briefly served as vice president. Winthrop Rockefeller was a governor of Arkansas.

David Rockefeller, however, wielded power and influence without ever seeking public office. Among his many accomplishments were spurring the project that led to the World Trade Center.



Posted in: AMERICAS,LATEST NEWS

blog comments powered by Disqus