David Rockefeller dies aged 101

David Rockefeller dies aged 101

David Rockefeller dies aged 101

David Rockefeller was a graduate of Harvard University and attended the London School of Economics.

In Ron Chernow's 1998 biography of David Rockefeller, called "Titan", Chernow wrote, "The range of David Rockefeller's business and philanthropic and political connections is perhaps unequaled".

David Rockefeller, the famed banker and philanthropist, died Monday at age 101, according to a spokesperson for the Rockefeller Brothers Fund. He was considered the world's oldest billionaire.

As the youngest and last surviving grandson of Standard Oil tycoon John D. Rockefeller, David inherited the fabled Rockefeller fortune and wielded great power and influence during his lifetime.

The Rockefeller name came to symbolize unpopular US banking policies in debtor countries, and Rockefeller was scorned on the left for working with Chile's Augusto Pinochet and the shah of Iran. His father, John D. Rockefeller Jr., was the only son of John D. Rockefeller. In a 2003 interview, he suggested he knew more world leaders than anyone, with the possible exception of Henry Kissinger.

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He famously helped persuade then-President Jimmy Carter to allow the shah of Iran into the United States for cancer treatment in 1979. He relinquished the chairmanship in 1981, when he retired. The bank later transformed into JPMorgan Chase & Co.

Rockefeller also had strong influence inside the U.S. and around the world.

He was a longtime member of the Council on Foreign Relations, serving as chairman from 1970 to 1985.

Rockefeller married Margaret McGrath from 1940 until her death in 1996 and the couple had six children. They had six children and 10 grandchildren. His brother, NelsonRockefeller, served as vice president under U.S. President Gerald Ford after being elected as governor of NY for four terms starting in 1959.

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