David Rockefeller
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| David Rockefeller | |
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 Gotfryd, Bernard, photographer · Public domain · source | |
| Name | David Rockefeller |
| Birth date | June 12, 1915 |
| Birth place | New York City, New York, United States |
| Death date | March 20, 2017 |
| Death place | Pocantico Hills, New York, New York, United States |
| Occupation | Banker, Philanthropist |
| Parents | John D. Rockefeller Jr., Abby Aldrich Rockefeller |
| Relatives | John D. Rockefeller, Nelson Rockefeller, Winthrop Rockefeller, Jay Rockefeller |
David Rockefeller was a prominent American banker and philanthropist who served as the chairman and chief executive of Chase Manhattan Bank from 1969 to 1981. He was a member of the influential Rockefeller family and played a significant role in shaping United States foreign policy, particularly during the Cold War. Rockefeller was also a key figure in the development of international finance and was a strong advocate for globalization and free trade, often working closely with organizations such as the International Monetary Fund and the World Bank. Throughout his life, he maintained close relationships with world leaders, including Henry Kissinger, Nixon, and Mao Zedong.
● Early Life and Education
David Rockefeller was born on June 12, 1915, in New York City, New York, to John D. Rockefeller Jr. and Abby Aldrich Rockefeller. He was the youngest of six children, and his siblings included Nelson Rockefeller, John D. Rockefeller III, Laurance Rockefeller, Winthrop Rockefeller, and Abby Rockefeller Mauzé. Rockefeller attended Lincoln School in New York City and later enrolled at Harvard University, where he earned a Bachelor of Science degree in 1936. He then went on to earn a Ph.D. in economics from University of Chicago in 1940, studying under prominent economists such as Frank Knight and Milton Friedman. During his time at University of Chicago, Rockefeller developed a strong interest in economics and international relations, which would later shape his career in banking and diplomacy.
● Business Career
Rockefeller began his career in banking at Chase National Bank in 1946, which later merged with Bank of Manhattan Trust Company to form Chase Manhattan Bank in 1955. He quickly rose through the ranks and became the bank's chairman and chief executive in 1969, a position he held until his retirement in 1981. During his tenure, Rockefeller played a key role in shaping the bank's international finance strategy and established close relationships with world leaders, including Nikita Khrushchev, Leonid Brezhnev, and Deng Xiaoping. He was also a strong advocate for globalization and free trade, often working closely with organizations such as the World Trade Organization and the International Chamber of Commerce. Rockefeller's leadership at Chase Manhattan Bank helped to establish the bank as a major player in international finance, and he worked closely with other prominent bankers, including Alan Greenspan and Paul Volcker.
● Philanthropy
Rockefeller was a dedicated philanthropist and donated millions of dollars to various causes throughout his life. He was a strong supporter of the Museum of Modern Art in New York City and served as the museum's chairman from 1948 to 1961. Rockefeller was also a key figure in the development of the Council on Foreign Relations and served as the organization's chairman from 1970 to 1985. He was a member of the Trilateral Commission and worked closely with other prominent philanthropists, including Bill Gates and Warren Buffett. Rockefeller's philanthropic efforts focused on promoting international cooperation and global understanding, and he worked closely with organizations such as the United Nations and the World Health Organization.
● Personal Life
Rockefeller married Margaret McGrath in 1940, and the couple had six children together. He was a skilled sailor and enjoyed spending time on his yacht, which he often used to entertain world leaders, including Queen Elizabeth II and Prince Philip, Duke of Edinburgh. Rockefeller was also an avid art collector and owned a significant collection of modern art, including works by Pablo Picasso, Claude Monet, and Vincent van Gogh. He was a member of the Bohemian Club and the Bilderberg Group, and he maintained close relationships with other prominent business leaders, including Lee Kuan Yew and Helmut Schmidt.
● Death and Legacy
Rockefeller passed away on March 20, 2017, at the age of 101, leaving behind a legacy as one of the most influential bankers and philanthropists of the 20th century. He was remembered for his tireless efforts to promote globalization and international cooperation, and his philanthropic efforts had a lasting impact on organizations such as the Museum of Modern Art and the Council on Foreign Relations. Rockefeller's legacy continues to be felt today, and he remains an important figure in the world of international finance and diplomacy, with his work influencing leaders such as Angela Merkel, Vladimir Putin, and Xi Jinping. His life and career serve as a testament to the power of global leadership and the importance of philanthropy in shaping a better world, as seen in the work of organizations such as the Bill and Melinda Gates Foundation and the Open Society Foundations.