Article Image

IPFS News Link • Worlds Wealthiest People

David Rockefeller, Philanthropist and Head of Chase Manhattan, Dies at 101

• nytimes.com By JONATHAN KANDELL

.....spread the gospel of American capitalism, died on Monday morning at his home in Pocantico Hills, N.Y. He was 101.

A family spokesman, Fraser P. Seitel, confirmed the death.

Chase Manhattan had long been known as the Rockefeller bank, although the family never owned more than 5 percent of its shares. But Mr. Rockefeller was more than a steward. As chairman and chief executive throughout the 1970s, he made it "David's bank," as many called it, expanding its operations internationally.

His stature was greater than any corporate title might convey, however. His influence was felt in Washington and foreign capitals, in the corridors of New York City government, in art museums, in great universities and in public schools.


thelibertyadvisor.com/declare