Who are the Rockefellers

Last grandson dies - David Rockefeller leaves a fortune - and a legacy

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David Rockefeller, last grandson of the tycoon John D. Rockefeller, has died. The name Rockefeller stands for immeasurable wealth, but also for philanthropy.

The family patriarch and billionaire David Rockefeller is dead. The former banker died in his home north of New York at the age of 101 years of heart failure, according to the Rockefeller Foundation.

David Rockefeller was the last living grandchild of John D. Rockefeller (1839-1937). His wealth was last estimated by the US magazine "Forbes" at around 3.3 billion dollars. He enjoyed a life of luxury with his family and was also one of the most important donors and patrons in the USA.

The origin of Rockefeller's wealth was the early entry into the oil business. David Rockefeller's grandfather became one of the richest men of his time. When the Standard Oil Company was broken up in 1911, a large part of the proceeds went to a foundation, the Rockefeller Foundation.

Donations for education and art

John D. Rockefeller established the foundation, which is still active today, with the aim of promoting the “good of mankind around the world”.

He was in good company, as Georg von Schnurbein, professor at the Center for Philanthropic Studies at the University of Basel, explains: “Rockefellers, along with other great industrialists of the 19th century such as Andrew Carnegie and JP Morgan, were among those Americans who were incredibly wealthy during their lifetime arrived."

According to Schnurbein, they shared the understanding that it is part of their obligation to stand up for society. "Rockefeller invested heavily in universities and in this way has contributed to a lot of medical knowledge."

The man who dies rich dies in shame.
Author: Andrew Carnegie, Steel Magnate and Philanthropist (1835-1919)

His grandson continued this commitment to the end. Every year David Rockefeller donated millions to Rockefeller University and MoMA, among others. Rockefeller was also a member of "The Giving Pledge", an initiative founded by US investor Warren Buffett and Microsoft founder Bill Gates - and thus committed to surrender at least 50 percent of its assets.

sda / srf / eglc; morr

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  • Comment from W. Ineichen (win)
    A rich and a poor man // stood there and looked at each other // and the poor man said pale // if I weren't poor, you wouldn't be rich.
    Agree agree to the comment
  • Comment from m. Mitulla (m.mitulla)
    "The man who dies rich, dies in shame" means that one can only get rich by shitting others - in whatever form. This applies worldwide. The non-profit status is of relatively little use because such a super-rich receives control instruments, e.g. through media houses, and thus also power - e.g. George Soros. Rather, the state would benefit from ordinary taxes to ensure basic security (education, health, environmental protection, security and infrastructure).
    Agree agree to the comment
  • Comment from Ernst Richener (Schmutz Fink)
    Never had to laugh as much as now when I look at an MSM news page. Bill Gates is sold to us as the richest person, with a large photo, and Mr. Rockefeller, with a small photo! The poor man only has 3.3 billion. It is exactly the other way round, Bill Gates is a little "bungler" when it comes to wealth compared to the Rockefeller dynasty. What became of Standart Oil? Exxon Mobil and the Rockefellers have many more stakes in global corporations. Brainwashing for the people
    Agree agree to the comment

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