On March 20, 2017, at the age of 101, American financier and philanthropist David Rockefeller passed away. David was renowned for his wide-ranging international travel and deep political relationships with foreign leaders. He was the only surviving grandchild of Standard Oil founder and oldest living millionaire, John D. Rockefeller.
|Celebrated Name:||David Rockefeller|
|Real Name/Full Name:||David Rockefeller|
|Age at the time of death:||101 years old|
|Birth Date:||12 June 1915|
|Date of Death:||20 March 2017|
|Birth Place:||New York, New York, United States|
|Wife/Spouse (Name):||Peggy McGrath (m. 1940–died 1996)|
|Children:||Yes (David Rockefeller Jr., Peggy Dulany, Richard Rockefeller, Neva Goodwin, Eileen Rockefeller Growald, Abby Rockefeller)|
|Net Worth in 2022:||$3.3 billion|
David Rockefeller Biography
David Rockefeller was born in New York City on June 12, 1915. The only child of John Davison Rockefeller, the wealthiest American of all time, his father was John Davison Rockefeller Jr. Abby Greene Aldrich, David’s mother, was a descendant of Senator Nelson Wilmarth Aldrich. David was the sixth kid and the youngest.
He attended the Harlem Lincoln School before earning his Harvard University diploma in 1936. He later pursued an economics education at Harvard and the London School of Economics. He got to know John F. Kennedy while he was a student at the London School of Economics, and they started dating. He returned to the United States in 1940 and completed his Ph.D. at the University of Chicago.
David Rockefeller Career
Following his doctorate, David spent 18 months working as the mayor of New York’s secretary. He began working as an Assistant Regional Director for the US Office of Defence, Health, and Welfare Services. He enrolled in the Officer Candidate School of the American Army in 1943 and was later promoted to Captain. He was active in France and North Africa during World War II. He also worked at the American Embassy in Paris as a result of his fluency in French.
Rockefeller joined the Chase National Bank family, led by his uncle, in 1946. In 1960, he was elected bank president and served until 1981. Later, the bank switched to consumer banking, joining forces with other financial institutions to become what is now known as JPMorgan Chase. He has interacted with American presidents as well as other foreign leaders. President Jimmy Carter offered him the US Secretary of the Treasury position, but he declined. In 1968, while Robert F. Kennedy was governor of New York, his brother Nelson Rockefeller offered him the Senate job, which he once more turned down.
Rockefeller sold some of his possessions and gave over $700 million to Harvard University, several non-profit organizations, the Museum of Modern Art, and Rockefeller University.
David Rockefeller’s Net Worth
Rockefeller’s net worth was $3.3 billion as of July 2022, the day of his passing. Most of his fortune came from trusts his father had established for the family. He had also collaborated with several different properties. In addition, he had a wide variety of art collections that he amassed over time.
Congestive heart failure claimed the life of a renowned internationalist at the age of 101 while he slept at his house. Rockefeller has a lengthy political and financial background and was well-known (simply for what the Rockefeller family is known for). He was the first member of the family to publish Memoirs in 2002, his autobiography.
David Rockefeller Wife, Marriage
David Rockefeller wed Margaret McGrath, also known as Peggy, in 1940; they had two boys and four daughters. In 1996, she passed away. His children, one of whom passed away three years before David, are now responsible for carrying on his legacy.