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US billionaire philanthropist, David Rockefeller dies at 101

US billionaire philanthropist, David Rockefeller dies at 101

   Billionaire philanthropist David Rockefeller has died in his sleep at his home in Poncantico Hills, New York, a spokesman said. He was 101 years old.

Mr Rockefeller, the last of his generation in the famed American family, was the grandson of Standard Oil co-founder John D Rockefeller. The centenarian was at the helm of his family’s fortune, controlling both philanthropic and business interests.

He was the youngest of five sons of John D Rockefeller Jr. David Rockefeller graduated from Harvard in 1936 and received a doctorate in economics from the University of Chicago in 1940.

Art collector

Mr Rockefeller was also remembered for his patronage to philanthropy and the arts, preserving his family’s close relationship with the Museum of Modern Art. His private art collection was once valued at $500m (£404m).

He had six children – David Jr, Richard, Abby, Neva, Margaret and Eileen – with his wife Margaret (nee McGrath). She died in 1996.

PHOTOCREDIT: BBC

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