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David Rockefeller, last of generation in family, dies at 101

  • FILE - In this Nov. 28, 1967, file photo, the five Rockefeller Brothers pose for photos in New York as they gather to receive gold medals from the National Institute of social sciences. From left are: David Rockefeller, President of the Chase Manhattan Bank; Winthrop Rockefeller, Governor of Arkansas; Frank Pace, President of the NISS; John D. Rockefeller 3rd, Chairman of the Rockefeller Foundation; Nelson Rockefeller, Governor of New York; and Laurence Rockefeller, a conservation adviser to President Johnson. David Rockefeller, the billionaire philanthropist who was the last of his generation in the famously philanthropic Rockefeller family died. David Rockefeller was 101 years old. (AP Photo/File)

  • FILE - In this April 31, 1981, file photo, David Rockefeller poses for a photograph. The billionaire philanthropist who was the last of his generation in the famously philanthropic Rockefeller family died, Monday, March 20, 2017, according to a family spokesman. (AP Photo/D. Pickoff, File) D. Pickoff

  • FILE - In this May 15, 2007, file photo, David Rockefeller participates in the C40 Large Cities Climate Summit in New York. The billionaire philanthropist who was the last of his generation in the famously philanthropic Rockefeller family died Monday, March 20, 2017, according to a family spokesman. He was 101 years old. (AP Photo/Richard Drew, File) RICHARD DREW

  • FILE - In this June 1973, file photo, David Rockefeller, left, meets with with Chinese Premier Chou En-lai in Peking. The billionaire philanthropist who was the last of his generation in the famously philanthropic Rockefeller family died Monday, March 20, 2017, according to a family spokesman. (AP Photo/File)

  • FILE - In this June 16, 1982, file photo, David Rockefeller, second left, Rockefeller Center chairman and Center President Richard H. Voell, left, and New York City Board of Education President Joseph Barker, right, begin to slice up an eight-foot-tall culinary replica of Rockefeller Center in New York. The occasion marked the 50th birthday celebration of the midtown building complex. David Rockefeller, the billionaire philanthropist who was the last of his generation in the famously philanthropic Rockefeller family died, Monday, March 20, 2017, according to a family spokesman. (AP Photo/Ray Howard, File) Ray Howard

  • FILE - In this May 8, 1984 file photo, David Rockefeller, left, chairman of the Council Americas, shakes hands with President Ronald Reagan at the State Department in Washington. David Rockefeller, the billionaire philanthropist who was the last of his generation in the famously philanthropic Rockefeller family died, Monday, March 20, 2017, according to a family spokesman. (AP Photo/Ira Schwarz, File) Ira Schwarz



Associated Press
Monday, March 20, 2017

David Rockefeller was the last of his generation in a famous American family that taught its children that wealth brings great responsibility. Even as children, he and his siblings had to set aside portions of their allowances for charitable giving.

That lesson lasted throughout his life; to mark his 100th birthday in 2015, Rockefeller gave 1,000 acres of land next to a national park to the state of Maine.

Rockefeller died Monday in his sleep at his home in Pocantico Hills at age 101, according to his spokesman, Fraser Seitel.

He was the grandson of Standard Oil co-founder John D. Rockefeller and the youngest of five sons and one daughter born to John D. Rockefeller Jr. He was also the guardian of his family’s fortune and head of a sprawling network of family interests, both business and philanthropic, that ranged from environmental conservation to the arts.

Rockefeller graduated from Harvard in 1936 and received a doctorate in economics from the University of Chicago in 1940. He served in the Army during World War II, then began climbing the ranks of management at Chase Bank. That bank merged with the Manhattan company in 1955.

His philanthropy and other activities earned him a Presidential Medal of Freedom, the nation’s highest civilian honor, in 1998.

Rockefeller and his wife, the former Margaret McGrath, were married in 1940 and had six children – David Jr., Richard, Abby, Neva, Margaret and Eileen. His wife, an active conservationist, died in 1996.