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David Rockefeller, born on June 12, 1915, in New York City, was a prominent American banker, philanthropist, and the youngest son of John D. Rockefeller Jr. and Abby Aldrich Rockefeller. As the last surviving grandchild of Standard Oil co-founder John D. Rockefeller, David played a pivotal role in both the financial sector and various philanthropic endeavors until his passing on March 20, 2017, in Pocantico Hills, New York.

Early Life and Family Background

David Rockefeller was born into one of America’s most influential families. His father, John D. Rockefeller Jr., was the sole son of John D. Rockefeller Sr., the founder of Standard Oil, while his mother, Abby Aldrich Rockefeller, was a noted socialite and philanthropist. Growing up in an eight-story mansion at 10 West 54th Street in Manhattan, David was the youngest of six siblings: Abby, John III, Nelson, Laurance, and Winthrop. The family’s wealth and commitment to philanthropy profoundly influenced David’s upbringing, instilling in him a sense of responsibility toward societal contributions.

Beyond banking, David was a dedicated philanthropist. He supported various institutions, including the Museum of Modern Art, founded by his mother, and Rockefeller University. His contributions to education, art, and public health have left a lasting legacy.

Career Beginnings and Key Milestones

After completing his education, David Rockefeller entered government service, working as a secretary to New York City’s mayor, Fiorello La Guardia. During World War II, he served in the U.S. Army, attaining the rank of captain and participating in military intelligence operations in North Africa and France.

In 1946, David joined Chase National Bank, where his uncle, Winthrop W. Aldrich, was chairman. He quickly ascended the corporate ladder, becoming senior vice president in 1952. Instrumental in the 1955 merger of Chase National and the Bank of the Manhattan Company, he helped form the Chase Manhattan Bank. By 1969, he was chairman and CEO, positions he held until 1980 and 1981, respectively.

Education

David attended the Lincoln School of Columbia University’s Teachers College, known for its progressive education model. He graduated from Harvard University in 1936 with a Bachelor of Science degree in economics. Pursuing further studies, he spent a year at the London School of Economics before earning a Ph.D. in economics from the University of Chicago in 1940. His academic pursuits laid a strong foundation for his future endeavors in banking and philanthropy.

  • Full Name: David Rockefeller
  • Date of Birth: June 12, 1915
  • Place of Birth: New York City, New York, U.S.
  • Nationality: American
  • Date of Death: March 20, 2017
  • Place of Death: Pocantico Hills, New York, U.S.
  • Education: Harvard University (B.S.), University of Chicago (Ph.D.)
  • Occupation: Banker, Philanthropist
  • Spouse: Margaret “Peggy” McGrath (m. 1940; d. 1996)
  • Children: David Jr., Abby, Neva, Peggy, Richard, Eileen
  • Net Worth: Estimated at $3.3 billion at the time of his death
  • Major Achievements: Chairman and CEO of Chase Manhattan Bank; Founder of the Trilateral Commission; Extensive philanthropic contributions

Charitable Work and Legacy

David Rockefeller’s philanthropic efforts were vast, supporting education, the arts, and environmental conservation. He founded the David Rockefeller Fund, focusing on social change, and the Stone Barns Center for Food and Agriculture, honoring his wife’s interest in sustainable farming. His legacy continues through these institutions and the ongoing work of the Rockefeller Foundation.

Personal Life and Relationships

On September 7, 1940, David married Margaret “Peggy” McGrath. They had six children: David Jr., Abby, Neva, Peggy, Richard, and Eileen. The couple maintained homes in Manhattan; Pocantico Hills, New York; Seal Harbor, Maine; and St. Bart’s in the Caribbean. Peggy passed away in 1996, and David remained a devoted family man throughout his life.

Notable Works and Achievements

Under David Rockefeller’s leadership, Chase Manhattan Bank expanded its international presence, establishing offices in over 50 countries. He was known for his extensive global network, meeting with numerous foreign leaders and promoting international economic development. In 1973, he founded the Trilateral Commission, aiming to foster cooperation among North America, Western Europe, and Japan.

Net Worth and Lifestyle

At the time of his death in 2017, David Rockefeller’s net worth was estimated at $3.3 billion. His wealth stemmed from family trusts, his banking career, and investments in real estate and art. He was an avid art collector, amassing pieces from renowned artists, and his properties reflected his refined taste and commitment to conservation.

Future Plans and Impact on Culture

While David Rockefeller passed away in 2017, his impact endures through the institutions he supported and the philanthropic values he championed. The Rockefeller family’s ongoing commitment to societal betterment reflects his enduring influence on culture and philanthropy.

Disclaimer: David Rockefeller: Age, wealth data updated April 2026.