Billionaire banker David Rockefeller dies at age 101
Billionaire banker and philanthropist David Rockefeller died Monday at his home in Pocantico Hills, New York. He was 101. Rockefeller was the world's oldest billionaire, and the last surviving grandson of Standard Oil co-founder John D. Rockefeller.
Rockefeller served as Chase Manhattan's president and later chairman and CEO during his 35 years at the company, expanding the bank's international presence and playing a hand in U.S. foreign policy and financial affairs. He also won a Presidential Medal of Freedom in 1998 for his philanthropic work. Bloomberg reported Rockefeller gave away "more than $900 million during his lifetime," donating generously to New York's Museum of Modern Art and to his alma mater, Harvard University.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Diamonds could be a brilliant climate solution
Under the radar A girl and the climate's best friend
By Devika Rao, The Week US Published
-
Crossword: November 12, 2024
The Week's daily crossword
By The Week Staff Published
-
Sudoku hard: November 12, 2024
The Week's daily hard sudoku puzzle
By The Week Staff Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published