David Rockefeller vs David Rockefeller, Sr.

David Rockefeller’s profile picture
David Rockefeller, Sr.’s profile picture
$3.3 Billion
Net worth 2018
$3.3 Billion
Business People
Industry
Energy
New York City
Residence
United States
Country
United States
12/06/1915
BirthDay
12/06/1915
March 20, 2017
Died On
20/03/2017
1.83 m
Height
Children
6
University of Chicago, London School of Economics and Political Science, Harvard University, Columbia University
Education
Bachelor of Arts / Science, Harvard University; Doctorate, University of Chicago
NET WORTH STATISTIC
TIMELINE
2017

He died from congestive heart failure on March 20, 2017, at the age of 101

1981

David Rockefeller retired in 1981 and at the time of his retirement he was a global leader in the domain of finance, foreign relations and public service

1969

In 1969, David Rockefeller became the CEO and Chairman of the bank; he remained the CEO till 1980 and Chairman till 1981

1965

In 1965, Rockefeller and other businessmen formed the Council of the Americas to stimulate and support economic integration between the North America and South America

1955

He expanded Chase’s business in the Latin America and also oversaw the merger of the Bank of Manhattan with Chase National in 1955

1952

Soon in 1952, he rose through several ranks and got hold of the position of senior vice president in the bank

1946

He joined the Chase National Bank in 1946 and began his career as a banker in the United States

1945

In 1945, he earned the rank of the captain and got discharged from his post

1940

David Rockefeller married Margaret McGrath in 1940 and together they had six children, namely, David Jr

1936

S degree in English, History and Literature from the Harvard University in 1936

1915

David Rockefeller was born on June 12, 1915 in the New York City and is the fifth and the youngest son of Abby Aldrich Rockefeller and John D

2018

The collection, valued at several hundred million dollars, is scheduled for auction in Spring 2018, with proceeds to go to several designated nonprofit organizations, including Rockefeller University, Harvard University, the Museum of Modern Art, the Council on Foreign Relations, and the Maine Coast Heritage Trust

2017

They had six children:Rockefeller died in his sleep from congestive heart failure on March 20, 2017 at the age of 101 at his home in Pocantico Hills, New York

2015

In May 2015, he donated one thousand acres of land in Seal Harbor to the Mount Desert Land and Garden Preserve

2014

He also had a Manhattan residence at 146 East 65th Street, as well as a country residence (known as "Four Winds") at a farm in Livingston, New York (Columbia County), where his wife raised Simmenthal beef cattle

2012

Rockefeller attended the experimental Lincoln School at 123rd Street in Harlem

2010

He grew up in an eight-story house at 10 West 54th Street, the tallest private residence ever built in the city

2008

Rockefeller donated $100 million to Harvard University in 2008

2006

The New York Times estimated in November 2006 that his total charitable donations amount to $900 million over his lifetime, a figure that was substantiated by a monograph on the family's overall benefactions, entitled The Chronicle of Philanthropy

2005

In 2005 he gave $100 million to the Museum of Modern Art and $100 million to Rockefeller University, two of the most prominent family institutions; as well as $10 million to Harvard and $5 million to Colonial Williamsburg

2004

He was the oldest living member of the Rockefeller family and family patriarch from August 2004 until his death in March 2017

2002

He published Memoirs in 2002, the only time a member of the Rockefeller family has written an autobiography

2000

In 2000, Rockefeller presided over the final sale of Rockefeller Center to Tishman Speyer Properties, along with the Crown family of Chicago, which ended the more than 70 years of direct family financial association with Rockefeller Center

1992

In 1992, at a Council sponsored forum, Rockefeller proposed a "Western Hemisphere free trade area", which subsequently became the Free Trade Area of the Americas in a Miami summit in 1994

1989

In 1989, 51 percent of the property, later increased to 80 percent, was sold to Mitsubishi Estate Company of Japan

1985

In 1985, the Rockefeller family mortgaged the property for $1

1981

Rockefeller retired from active management of the bank in 1981, succeeded by his protégé Willard C

1980

In the 1980s, Rockefeller became embroiled in controversy over the mortgaging and sale of Rockefeller Center to Japanese interests

1979

In 1979, he formed the Partnership for New York City, a not-for-profit membership organization of New York businessmen

1976

The bank's earnings more than doubled between 1976 and 1980, far outpacing its rival Citibank in return on assets

1974

From 1974 to 1976, Chase earnings fell 36 percent while those of its biggest rivals rose 12 to 31 percent

1973

Following the deaths of his brothers, Winthrop (1973), John III (1978), Nelson (1979), and Laurance (2004), David became sole head of the family (with the important involvement of his elder son, David Jr

1971

Rockefeller supported his "opening of China" initiative in 1971 as it afforded banking opportunities for the Chase Bank

1970

He named Kissinger to the board of trustees of the Rockefeller Brothers Fund, and consulted with him frequently, with the subjects including the Chase Bank's interests in Chile and the possibility of the election of Salvador Allende in 1970

1969

He was both chairman and chief executive of Chase Manhattan from 1969 to 1980 and remained chairman until 1981

1968

Kennedy's Senate seat after Kennedy was assassinated in June 1968, a post Nelson also offered to their nephew John Davison "Jay" Rockefeller IV

1967

The extended family also became involved in their own philanthropic organization, formed in 1967 and primarily established by third-generation members, called the Rockefeller Family Fund

1965

In 1965, Rockefeller and other businessmen formed the Council of the Americas to stimulate and support economic integration in the Americas

1964

In 1964, along with other American business figures such as Sol Linowitz, Rockefeller founded the non-profit International Executive Service Corps which encourages developing nations to promote private enterprise

1960

He served in other positions and became president in 1960

1955

Chase National subsequently became the Chase Manhattan Bank in 1955 and shifted significantly into consumer banking

1954

Rockefeller met Henry Kissinger in 1954, when Kissinger was appointed a director of a seminal Council on Foreign Relations study group on nuclear weapons, of which David Rockefeller was a member

1953

Also, in 1953, he had befriended William Bundy, a pivotal CIA analyst for nine years in the 1950s, who became the Agency liaison to the National Security Council, and a subsequent lifelong friend

1949

Rockefeller had a lifelong association with the Council on Foreign Relations (CFR) when he joined as a director in 1949

1948

He was also a trustee of the Carnegie Endowment for International Peace, including 1948, when Alger Hiss was president

1946

In 1946, Rockefeller joined the staff of the longtime family-associated Chase National Bank

1943

Army and entered Officer Candidate School in 1943; he was ultimately promoted to Captain in 1945

1941

From 1941 to 1942, Rockefeller was assistant regional director of the United States Office of Defense, Health and Welfare Services

1940

The Kykuit section of the Rockefeller family compound is the location of The Pocantico Conference Center of the Rockefeller Brothers Fund (RBF) – set up by David and his four brothers in 1940 – which was created when the Fund leased the area from the National Trust for Historic Preservation in 1991

1936

In 1936, Rockefeller graduated cum laude from Harvard University

1930

The Chase Bank was primarily a wholesale bank, dealing with other prominent financial institutions and major corporate clients such as General Electric (which had, through its RCA affiliate, leased prominent space and become a crucial first tenant of Rockefeller Center in 1930)

1929

Another major source of asset wealth was his art collection, ranging from impressionist to postmodern, which he developed through the influence upon him of his mother Abby and her establishment, with two associates, of the Museum of Modern Art in New York City in 1929

1915

David Rockefeller (June 12, 1915 – March 20, 2017) was an American banker who was chairman and chief executive of Chase Manhattan Corporation