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U.S. banker David Rockefeller passes away

Published : 20 Mar 2017, 19:42

  DF-Xinhua Report
File photo of taken on Nov. 30, 2016 shows David Rockefeller at the United Nations headquarters in New York. U.S. banker, philanthropist, David Rockefeller has died in his sleep at home in Pocantico Hills, New York, on Monday morning, at the age of 101. Xinhua Photo by Li Muzi.

U.S. banker, philanthropist, David Rockefeller has died at the age of 101.

Rockefeller died in his sleep at home in Pocantico Hills, New York, on Monday morning as a result of congestive heart failure, said a statement from the The Rockefeller Foundation.

Rockefeller, also known as "the banker's banker", "one of the most influential figures in the history of American philanthropy and finance, is considered by many to be "America's last great international business statesman", the statement said.

Rockefeller was the youngest of six children born to John D. Rockefeller Jr. and the grandson of Standard Oil co-founder John D. Rockefeller, the U.S. first billionaire. He retired as head of Chase Manhattan in 1981 after a 35-year career.

Rockefeller married Margaret McGrath from 1940 until her death in 1996 and the couple had six children.