Billionaire banker David Rockefeller passes away at 101

Billionaire philanthropist David Rockefeller, former head of Chase Manhattan Corp and patriarch of one of the most famous and influential American families, died on Monday (March 20), a family spokesman said. He was 101.

Rockefeller, who reportedly gave away nearly $2 billion in his lifetime, “died peacefully in his sleep” of congestive heart failure at his home in Pocantico Hills, New York, spokesman Fraser Seitel said in a statement.

One of the few remaining links to the U.S. “gilded” era of robber barons, he was the son of John D. Rockefeller Jr., who developed New York’s Rockefeller Center, and was the last living grandson of oil tycoon John D. Rockefeller, founder of Standard Oil and the family dynasty. He also embodied an era when globe-trotting bank chiefs worked with the world’s most powerful politicians.

(REUTERS)

 
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