David Rockefeller dies aged 101

  • David Rockefeller dies aged 101

David Rockefeller dies aged 101

USA banker, philanthropist, David Rockefeller has died at the age of 101.

He died in his sleep Monday morning of congestive heart failure at his home in Westchester County, New York, according to family spokesman Fraser P. Seitel. He was named chairman and CEO of the bank in 1969.

But he was also born into great wealth as a grandson of John D. Rockefeller, who was the founder of the Standard Oil empire and America's first billionaire.

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

"Some even believe [the Rockefellers] are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will". By then it had made John D Rockefeller the richest man in the world, and provided an extraordinarily gilded and well-connected inheritance for his descendants. The bank later transformed into JPMorgan Chase & Co.

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He also was viewed with anger on the right for pushing to open trade with China and the Soviet Union during the Cold War.

Mr Rockefeller's private art collection was once valued at $500m (£404m).

His charitable service earned him a Presidential Medal of Freedom, the country's highest civilian honour, in 1998.

From 1940 to 1941 he was secretary to New York Mayor Fiorello LaGuardia and in 1942 he enlisted in the U.S. Army, serving in military intelligence in North Africa and France.

He had six children - David Jr, Richard, Abby, Neva, Margaret and Eileen - with his wife Margaret (nee McGrath).