Connect with us

Local News

Billionaire banker David Rockefeller dies aged 101

Published

on

Billionaire banker David Rockefeller dies aged 101
David Rockefeller © Dennis Van Tine/Geisler-Fotopres © www.globallookpress.com
3980677205
Former Chase Manhattan Chief Executive David Rockefeller has died at the age of 101.
Rockefeller died in his sleep at home in Pocantico Hills, New York, on Monday morning as a result of congestive heart failure, according to a family spokesperson Fraser P. Seitel.

The businessman, who had an estimated fortune of $3 billion, retired as head of Chase Manhattan in 1981 after a 35-year career.

View image on Twitter
View image on Twitter

RT

@RT_com
Bilderberg, Kissinger & transplant rumors: Truth & myths of David Rockefeller’s life https://on.rt.com/86cr

115
6:04 PM – Mar 20, 2017
177 people are talking about this
Twitter Ads info and privacy
In the statement from the The Rockefeller Foundation confirming his death, Rockefeller was described as “one of the most influential figures in the history of American philanthropy and finance, considered by many to be ‘America’s last great international business statesman’.”

Rockefeller, also known as ‘the banker’s banker’, according to the statement, is said to have donated almost $2 billion over his lifetime to various institutions including Rockefeller University, Harvard University and art museum.

Rockefeller foundation statement says David Rockefeller’s cause of death at age 101 is congestive heart failure. pic.twitter.com/YB1Eb7ebYu

— Steve Kopack (@SteveKopack) March 20, 2017
David was the youngest of six children born to John D. Rockefeller Jr. and the grandson of Standard Oil co-founder John D. Rockefeller.

READ MORE: Rockefeller Family charity pulls funds from Exxon Mobil over longtime climate change cover-up

Rockefeller graduated from Harvard in 1936 and received a doctorate in economics from the University of Chicago in 1940. Appointed president of Chase Manhattan in 1961, he became chairman and CEO eight years later.

The Rockefeller Foundation

@RockefellerFdn
Statement from @RockefellerFdn president @rajshah on the passing of David Rockefeller, Sr: http://ow.ly/D98430a53XA

35
5:15 PM – Mar 20, 2017
Twitter Ads info and privacy
60 people are talking about this
Rockefeller often spoke about the importance of American capitalism, which he said “brought more benefits to more people than any other system in any part of the world at any time in history.”

“The problem is to see that the system is run as efficiently and as honestly as it can be,” he added.

Rockefeller was married to Margaret McGrath from 1940 until her death in 1996 and the couple had six children.

Subscribe to Ijaw Voice via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Jake Clifford is a Nigerian Born blogger and a fast growing Journalist, whose aim is to inform Nigerians with happening across Nigeria.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending