Philanthropist, oil heir, banker David Rockefeller dead at 101

David Rockefeller has died aged 101

American philanthropist David Rockefeller dies at age 101

David Rockefeller, the famed banker and philanthropist, died Monday at age 101, according to a spokesperson for the Rockefeller Brothers Fund.

During his time as head of Chase from 1969 to 1981, Rockefeller forged such a network of close relationships with governments and multinational corporations that observers said the bank had its own foreign policy.

Rockefeller retired in 1980 as CEO and chairman Chase Manhattan after almost nearly 35 years at the bank.

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On his 100th birthday in 2015, he donated 1,000 acres of land next to a national park to the state of Maine. Today it is part of JPMorgan Chase & Co. He also used his family name and wealth to accumulate influence with leaders all around the world.

Rockefeller favored assisting economies overseas on grounds that bringing prosperity would create customers for American products.

Rockefeller traveled the world both before and after his retirement, traveling to the Soviet Union, South America, and China. The Rockefeller estate overlooking the Hudson river north of New York City is the repository of four generations of family history, including Nelson's art and sculpture collection.

Mr Rockefeller's private art collection was once valued at $500m (£404m).

Rockefeller was a celebrated philanthropist who earned a Presidential Medal of Freedom in 1998. He had six children: the late Richard, David Jr., Abby, Neva, Peggy and Eileen; 10 grandchildren; and 10 great-grandchildren. His wife, an active conservationist, died in 1996.

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