David Rockefeller Biography

David Rockefeller was an American Banker and Philanthropist. Check out this biography to know about his childhood, life, achievements, works & timeline

Quick Facts

Famous as: Banker

Nationality: American

Birth Date: June 12, 1915

Sun Sign: Gemini

Height: 1.83 m

Born in: New York City

father: John D. Rockefeller Jr.

mother: Abby Aldrich Rockefeller

siblings: Laurance Rockefeller, Nelson Rockefeller, Winthrop Rockefeller

Spouse/Partner: Peggy McGrath

children: David Rockefeller Jr., Peggy Dulany, Eileen Rockefeller Growald, Abby Rockefeller, Richard Rockefeller, Neva Rockefeller Goodwin

Died on: March 20, 2017

Diseases & Disabilities: Dyslexia

Founder/Co-Founder: Council of the Americas, Club of Rome, International Executive Service Corps, Council on Foreign Relations, Rockefeller Brothers Fund, Trilateral Commission, Bilderberg Group, Americas Society, Stone Barns Center for Food & Agriculture, Partnership for Ne

Net worth: $3.3 Billion as of Mar 20, 2017

More Facts

education: University of Chicago, London School of Economics and Political Science, Harvard University, Columbia University

awards: 1998 - Presidential Medal of Freedom
1945 - Legion of Merit
1943 - Public Welfare Medal
1965;1959;1935 - Richard A. Cook Gold Medal Award

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David Rockefeller was an American banker and philanthropist, and also the oldest living member of the well-known Rockefeller family at the time of his death in March 2017. He served as a chairman and chief executive of the Chase Manhattan Corporation for several years. After completing his studies, he spent a few years in government service before joining the military during the World War II. During the war years he served for military intelligence, setting up political and economic intelligence units in France and North Africa. He began his banking career following the war. He joined the sector as an assistant manager in the foreign department of a bank and soon rose to the designations of an assistant cashier, then second vice president and finally the vice president. He was involved with the Council for Foreign Relations and the Centre for Inter-American Relations and it led to his interest in Latin American affairs and in foreign affairs in general. He was famous for his skills in international banking and was quite a familiar figure to the head of states and the global ministers. He died at the age of 101 in 2017 and was regarded as the world’s oldest billionaire at the time of his death.

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David Rockefeller
Childhood & Early Life
  • David Rockefeller was born on June 12, 1915 in the New York City and is the fifth and the youngest son of Abby Aldrich Rockefeller and John D. Rockefeller Jr.
  • He went to the Lincoln School of Columbia University’s Teachers College to receive his elementary as well as secondary education. He further got his graduation B.S degree in English, History and Literature from the Harvard University in 1936.
  • He completed his post-graduation in economics from the Harvard and the London School of Economics. In 1940, he got awarded with his Ph.D. in economics by the University of Chicago.
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Career
  • David Rockefeller worked as a secretary to Fiorello H. LaGuardia, New York City Mayor and was also an assistant to the regional director of United States Office of Defence and Health and Welfare Services for a brief period of time.
  • He got enlisted to the U.S. Army post the bombing of Pearl Harbour. He served as an assistant military attache in Paris and served in France and North Africa respectively.
  • In 1945, he earned the rank of the captain and got discharged from his post. He was successful in his tenure and was awarded more than once for his diligence.
  • He joined the Chase National Bank in 1946 and began his career as a banker in the United States.
  • Soon in 1952, he rose through several ranks and got hold of the position of senior vice president in the bank. He expanded Chase’s business in the Latin America and also oversaw the merger of the Bank of Manhattan with Chase National in 1955.
  • In 1965, Rockefeller and other businessmen formed the Council of the Americas to stimulate and support economic integration between the North America and South America.
  • In 1969, David Rockefeller became the CEO and Chairman of the bank; he remained the CEO till 1980 and Chairman till 1981.
  • David Rockefeller retired in 1981 and at the time of his retirement he was a global leader in the domain of finance, foreign relations and public service.
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Philanthropic Works
  • Like his grandfather John Davison Rockefeller, Sr., David Rockefeller too was a great philanthropist and served equally in a number of fields including medicine, education and science.
  • In 1940, he served willingly in the Rockefeller Institute for Medical Research and also worked with the Detlev Bronk in 1960s with a goal to transform the institute into Rockefeller University, which was the first institution in the U.S. dedicated fully to biomedical research.
  • David was very much enthusiastic about the cultural development of Manhattan and he also served as one of the board of directors in the Museum of Modern Art. He also helped in developing the lower Manhattan while being the chairman of the Downtown-Lower Manhattan Association.
  • In 2008, he donated a whopping amount of $100 million to Harvard University, his alma mater. It was the largest of all donations that Harvard ever got from an alumnus.
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Awards & Achievements
  • In 1945, David Rockefeller got the prestigious awards of U.S. Legion of Merit, French Legion of Honour and U.S. Army Commendation Ribbon for his commendable service in the U.S. Army during World War II.
  • In 1965, he was honoured with the Award of Merit by the American Institute of Architects.
  • In 1983, he received the International Leadership Award from the United States Council for International Business.
  • In 1994, he was honoured with World Monuments Fund's Hadrian Award for his contribution in the preservation of art and architecture.
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Personal Life & Legacy
  • David Rockefeller married Margaret McGrath in 1940 and together they had six children, namely, David Jr., Abby, Neva, Peggy, Richard and Eileen. His wife died in 1996.
  • Rockefeller lived a long and healthy life. He died from congestive heart failure on March 20, 2017, at the age of 101.
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Net Worth
  • At the time of his death, David Rockefeller’s net worth was estimated to be around $3.3 billion.
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Trivia
  • At the age of 99, he successfully underwent his sixth heart transplant.
  • He once said, “No one should feel guilty about making money”; and he has followed it all throughout.
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How To Cite

Article Title
- David Rockefeller Biography
Author
- Editors, TheFamousPeople.com
Website
- TheFamousPeople.com
URL
https://www.thefamouspeople.com/profiles/david-rockefeller-sr-1187.php
Last Updated
- June 13, 2017

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