Axar.az
UP
21 April 2018


Billionaire Rockefeller dies

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

David Rockefeller has died at age 101.

Axar.az reports that in the statement from the Rockefeller Foundation, David Rockefeller described as the "one of the most influential figures in the history of American philanthropy and finance."

Rockefeller was the last surviving grandson of John D. Rockefeller who founded the Standard Oil Company in the 19th century and built a fortune that made him America’s first billionaire, the statement added.

David Rockefeller was born in New York City on June 12, 1915. Since 2004, he was family patriarch and the oldest living member of the Rockefeller family.

Rockefeller graduated from Harvard in 1936 and received a doctorate in economics from the University of Chicago in 1940. He served in the Army during World War II, then began climbing the ranks of management at Chase Bank. That bank merged with The Manhattan Company in 1955.

In 1961, David Rockefeller was named Chase Manhattan's president and chief executive officer 8 years later.

In 1965, at age 65 David Rockefeller resigned after a 35-year career.

He died of congestive heart failure in his sleep at home in Pocantico Hills. A family spokesman, Fraser P. Seitel, confirmed the death.

Date
2017.03.20 / 19:37
Author
Axar.az
Comments
See also

Afghanistan blast: five killed, 14 injured

Red Cross employee killed in Yemen’s Taiz

Trump set to visit the UK this summer

Corbyn calls for peace in Syria as new Cold War looms

Police haul off 62 opposition activists in Yerevan

Topic of discussion can only be PM Sargsyan’s resignation

US ready to strike Syria again if Assad ignores message

Abe lauds North Korea move to end nuclear tests

Iran "ready" to resume nuke program if US leaves deal

Israeli troops kill four Palestinians in border protest

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla