Billionaire philanthropist David Rockefeller dies at age 101

la-1490026336-jkosce3w9f-snap-photoDavid 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 suburban Pocantico Hills, N.Y., according to his spokesman, Fraser P. Seitel

He was the youngest of six children born to John D. Rockefeller Jr. and the grandson of Standard Oil co-founder John D. Rockefeller. 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 included environmental conservation and the arts.

To mark his 100th birthday in 2015, Rockefeller gave 1,000 acres of land next to a national park to the state of Maine.

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, hungered 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 was spurring the project that led to the World Trade Center.

 

About the Author
KING RICH is the President and Ceo of Street Illustrated Inc. From the Street to the Corporate World, he is committed to bringing the Urban Life Style to the Mainstream.

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