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

William Langenheim (American, born Germany, Schöningen 1807-1874) and Frederick Langenheim (American, born Germany, Schöningen 1809-1879), Eclipse of the Sun, 1854, Daguerreotype.  The Metropolitan Museum of Art, Gilman Collection, Gift of The Howard Gilman Foundation, 2005.

A Peek at Rare 1854 Solar Eclipse Images, and a Full Look at the Friedman Collection of Photography

  • August 17, 2017 14:12

The Metropolitan Museum of Art owns the only surviving images of the solar eclipse that occurred ...

Read More

Sandycombe Lodge, 1814, W.  B.  Cooke after William Havell - Tate Britain.

After $3.5 Million Renovation, JMW Turner's Picturesque Cottage Opens to Visitors

  • August 16, 2017 20:21

In 1813 England’s great landscape painter JMW Turner built a small villa, Sandycombe Lodge, on a ...

Read More

Staff members evaluate the recovered de Kooning.

Stolen De Kooning Painting Returned to Museum After 3 Decades

  • August 15, 2017 12:55

A Willem de Kooning painting that had been stolen more than 31 years ago from the University of ...

Read More

Leonardo DiCaprio to Play Da Vinci in Film Adaptation of Walter Isaacson Book

  • August 14, 2017 22:59

Paramount won a seven-figure bidding battle against Universal for the film rights to the latest ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

 

ArtfixDaily Artwire