Recently, David Rockefeller has passed away at the age of 101. David is popular in the business community as a presidential adviser, banker, and philanthropist. David Rockefeller was the philanthropist CEO of the Chase Manhattan Bank. His career there was well over 35 years, known as a confidant of world leaders. Part of David Rockefeller’s fame refers to him as the world’s oldest billionaire.
David is the last grandson of John D. Rockefeller, the founder of Standard Oil. Meaning David Rockefeller’s death ends the chapter in the famous Rockefeller dynasty.
David paved his plan, unlike his siblings he stayed in the corporate business field. Although he also extended to remaking chase as a global bank, geopolitics, and meeting with several of kings, prime ministers, and presidents. David said in an interview in 2003 that he knew more leaders personally than anyone else.
Unfortunately, David Rockefeller’s fame wasn’t all good. He was criticized heavily for meeting with Iraq’s Saddam Hussein and Cuban leader Fidel Castro. Also for suggesting in the late 70’s that President Jimmy Carter allow medical treatment for the deposed Shah of Iran. However, his arrival caused the U.S Embassy in Tehran to be seized from 1979-81.
David played a major role in developing the World Trade Center and the Wall Street financial district in the 60’s and 70’s. Similar to how his father did in the 30’s while building the Rockefeller Center. Rockefeller retired at the age of 65 from Chase Bank, now known as JPMorgan Chase, being the U.S’s biggest bank by assets.
David Rockefeller’s charitable contributions include extensive gifts to the Rockefeller Brothers Fund and the Museum of Modern Art. He also began a restorative research school, Rockefeller University, founded by his grandfather.
His estimated fortune in 2012 was $2.7 billion. Even in his 90s, he was traveling most of the year for Chase or meeting with the Council on Foreign Relations. He married his better half, Margaret, in 1940, who passed away in 1996. They had six kids together. David Rockefeller was the last surviving of his family generation.