David Rockefeller, Philanthropist and Art Collector, Remembered

Paul Cézanne’s Still Life with Fruit Dish (1879–80), a fractional gift from Rockefeller to MoMA.
Paul Cézanne’s Still Life with Fruit Dish (1879–80), a fractional gift from Rockefeller to MoMA.
(Wikipedia)
  • Cover of David Rockefeller Memoirs

    Cover of David Rockefeller Memoirs

Billionaire banker David Rockefeller died Monday morning at the age of 101.

The last living grandson of oil mogul John D. Rockefeller, David Rockefeller made his own reputation over several decades as a banker, philanthropist, art collector, world traveler and influencer in political and business circles, in the U.S. and abroad.

A longtime executive at Chase Manhattan Bank, Rockefeller built a fortune on his inherited wealth. Forbes estimates his net worth at $3.3 billion upon his death in Pocantico Hills, N.Y. He gave away about $2 billion during his lifetime and was among 40 billionaires to pledge half or more of their wealth to charity.

His mother, Abby Aldrich Rockefeller, helped found New York City's Museum of Modern Art (MoMA), and he served on its board for many years and as honorary chairman, giving $100 million in a bequest in 2005, reports the New York Times. His own art collection is estimated to be worth $500 million.

Rockefeller contributed $77 million toward MoMA’s $858 renovation plan, according to Artnews. Works by modern masters such as Paul Cézanne, André Derain, Willem de Kooning, Paul Gauguin, Henri Matisse, Georgia O’Keeffe, and Pablo Picasso, were among his collection, notes Artnews. He sold a 1950 Mark Rothko painting at Sotheby's in 2007 for $72.8 million--then a record for a postwar artwork at auction.

More News Feed Headlines

The Singing Tree is at the Victoria and Albert Museum in London through Jan.  6.

ARTFIXdaily Closed from Dec. 18 to 31 - Happy Holidays!

  • December 14, 2017 20:48

ARTFIXdaily will closed from Dec. 18 to 31, with e-newsletter service resuming on January 1, ...

Read More

A painted version of actress Saoirse Ronan as Marguerite Gachet in the film “Loving Vincent.”

ARTFIXdaily Closed through Thursday, Dec. 14

  • December 11, 2017 23:37

ARTFIXdaily will be closed through this Thursday, Dec. 14, and e-newsletter service will return ...

Read More

View of Skirball Fire near the Getty Center.  via Twitter, Melissa Castro‏ @Healthgap_mila

The Getty, Skirball Cultural Center Close Under Wildfire Threat

  • December 06, 2017 14:17

The Getty Center closed to protect its art collections on Tuesday, Wednesday and Thursday as ...

Read More

Da Vinci's Salvator Mundi

New Twists in 'Salvator Mundi' Tale as the Jesus Portrait Heads to Louvre Abu Dhabi

  • December 06, 2017 13:04

UPDATE, Sunday: Initial reports last week that the world's most expensive painting sold to a ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

 

ArtfixDaily Artwire