Billionaire David Rockefeller Dies

Billionaire and businessman David Rockefeller dies in his sleep, as a result of congestive heart failure, aged 101

David Rockefeller died on Monday morning at his home in Pocantico Hills, N.Y. He was 101.

He was the last in the generation of famed Rockefeller family controlled Chase Manhattan bank for more than a decade, though the family never owned more than 5 percent of its shares and last surviving grandson of John D. Rockefeller, the tycoon who founded the Standard Oil Company in the 19th century and built a fortune that made him America’s first billionaire and his family one of the richest and most powerful in America’s history.

A family spokesman, Fraser P. Seitel who confirmed the death says he died peacefully in his sleep Monday morning at his home in Pocantico Hills, New York.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s