Philanthropist David Rockefeller dies at 101

Billionaire banker and philanthropist David Rockefeller died Monday at his home in Pocantico Hills, New York. He was 101. Rockefeller was the world's oldest billionaire, and the last surviving grandson of Standard Oil co-founder John D. Rockefeller. He served as Chase Manhattan's president, chairman, and CEO over 35 years at the company, expanding the bank's international presence and having a hand in U.S. foreign policy and financial affairs. He also won a Presidential Medal of Freedom in 1998 for his philanthropy, and gave more than $900 million over his lifetime to numerous causes, including New York's Museum of Modern Art and his alma mater, Harvard University.

Source: The New York Times, Bloomberg