Eight Things You May Not Know About The Late David Rockefeller
Here are 8 Things You May Not Know About The Late David Rockefeller, history’s most fabled business man
1. Early life
David Rockefeller was born on June 12, 1915, in Manhattan, New York, where he grew up in the Midtown district. He was the youngest of six children born to John . D. Rockefeller Jr . and Abby Aldrich Rockefeller, and the grandson of John D. Rockefeller, the founder of Standard Oil.
2. He was an Army Veteran
Five months after the bombing of Pearl Harbor, David Rockefeller enlisted in the U.S. Army. He served in North Africa and France, and had a post as an assistant military attache in Paris. He was discharged in 1945, having earned the rank of captain. For his service, he was awarded with the U.S. Legion of Merit, the U.S. Army commendation Ribbon and the French Legion of Honor.
3. His Entry into the business world
After returning to the United States, Rockefeller began a storied career in banking.
He first joined Chase National Bank in 1946, and rose through the ranks to become a senior vice president in 1952. His work involved expanding Chase’s business in Latin America, as well as helping to oversee the 1955 merger of Chase National and the Bank of Manhattan, resulting in what is now known as Chase Manhattan Bank. By 1969, Rockefeller had become CEO of the bank, as well as chairman of its board of directors.
By the time he retired in 1981, David Rockefeller had built a reputation as a global leader in the world of finance, foreign relations and public service.
4. His grand father John .D. Rockefeller lived so long that his life insurance company had to pay him off
His Grand father John d. Rockefeller certainly enjoyed a long life.
When he turned 96, his insurance company was required to pay him the $5 million face value of his policy.
His life spanned from the presidency of Martin Van Buren to that of Franklin D. Roosevelt before his death at age 97 on May 23, 1937.
5. He holds a record in Harvard
In 2008, Rockefeller donated $100 million to his alma mater, Harvard University—the largest gift by an alumnus in the school’s history.
David Rockefeller died on March 20, 2017, at his home in Pocantico Hills, New York, at the age of 101.
7. Many organisations stand to gain from his death
When he was alive, David Rockefeller Bequeathed Vast Sums of Money to Organizations and Non-Profits, To Be Paid When He Died.
On his 90th birthday, he pledged $100 million to the Museum of Modern Art upon his death, and $100 million to the Rockefeller University for capital improvements and graduate studies. He also pledged $100 million to Harvard upon his passing.
That’s not all though, there are likely more bequests which haven’t been publicly shared.
8. He Knew Thousands of people
According to Bloomberg News, David Rockefeller assembled an “electronic Rolodex” that listed a grand total of 150,000 people he knew.
It was said that back in the days, he was so successful at racing around the globe, meeting heads of state and business leaders, that it comes as no surprise at all thay he knew up to that number of people.
Sources: Wikipedia.com, Biography.com, bloomberg.com
Latest posts by Anele (see all)
- Saudi Arabia May Ban Nigerians from Participating in 2018 Hajj - April 24, 2018
- Israel Discards Plan To Forcibly Deport African Migrants - April 24, 2018
- Ethiopia Now Africa’s Fastest Growing Economy - April 24, 2018