Billionaire banker David Rockefeller passes away at 101

Billionaire philanthropist David Rockefeller, former head of Chase Manhattan Corp and patriarch of one of the most famous and influential American families, died on Monday (March 20), a family spokesman said. He was 101.

Rockefeller, who reportedly gave away nearly $2 billion in his lifetime, “died peacefully in his sleep” of congestive heart failure at his home in Pocantico Hills, New York, spokesman Fraser Seitel said in a statement.

One of the few remaining links to the U.S. “gilded” era of robber barons, he was the son of John D. Rockefeller Jr., who developed New York’s Rockefeller Center, and was the last living grandson of oil tycoon John D. Rockefeller, founder of Standard Oil and the family dynasty. He also embodied an era when globe-trotting bank chiefs worked with the world’s most powerful politicians.

(REUTERS)

 
 
 

South Korean Leader Optimistic About Trump’s Meeting With Kim

South Korean Leader Optimistic About Trump’s Meeting With Kim
South Korean President Moon Jae-in met with President Donald Trump at the White House on Tuesday, May 22, ...
READ MORE >
 

China, US Near Deal on ZTE Reprieve; Beijing Cuts Auto Tariffs

China, US Near Deal on ZTE Reprieve; Beijing Cuts Auto Tariffs
BEIJING—Washington neared a deal to lift its ban on U.S. firms supplying Chinese telecoms firm ZTE, sources said ...
READ MORE >
 

Foreign Media Arrive in North Korea To Witness Nuclear Shutdown

Foreign Media Arrive in North Korea To Witness Nuclear Shutdown
BEIJING—About two dozen journalists from Western and Chinese news organizations arrived in North Korea on Tuesday to witness ...
READ MORE >
 

Trump Administration Sanctions Venezuela After Sham Reelection of Socialist Dictator

Trump Administration Sanctions Venezuela After Sham Reelection of Socialist Dictator
President Donald Trump imposed additional sanctions on Venezuela on Monday, May 21, shortly after socialist dictator Nicolas Maduro ...
READ MORE >