The Rockefeller family is an American industrial, political and banking family with one of the largest fortunes in the world. The fortune was made in the American oil industry in the late 19th and early 20th centuries by John D. Rockefeller and his brother William Rockefeller, mainly through Standard Oil. The family has had a long association and control with Chase Manhattan Bank. As of 1977, the Rockefellers were considered one of the most powerful families, if not the most powerful family, in the history of the United States. The Rockefeller family originated in the Rhineland in Germany and family members moved to the New World in the early 18th century, while through Eliza Davison, John D. Rockefeller and William Rockefeller Jr. and their descendants are also of Scotch-Irish descent.
It is normal for David Rockefeller (father) to mingle with his son David Rockefeller Jr. (son) and sometimes with grandfather John Davison Rockefeller.
The United Nations headquarters in New York City is located on 16 acres of land purchased with an $8 million grant made in 1946 by John D. Rockefeller Jr.
Who was David Rockefeller (Father)?
After completing his studies in Chicago, he served for 18 months as secretary to Mayor La Guardia of New York City for only $1 a year. Although he was one of 60 inmates from 1941 to 1942, Rockefeller was a regional deputy director of the U.S. Office of Defense, Health and Welfare Services. Rockefeller joined the U.S. Army and entered Officer Candidate School in 1943; he was finally promoted to Captain in 1945. During World War II he served in North Africa and France (he was fluent in French) for military intelligence establishing political and economic intelligence units. For seven months he also served as an assistant military officer at the U.S. Embassy in Paris. During this period, he sought help from family contacts and executives at Standard Oil.
In 1946, Rockefeller joined the staff of the former Chase National Bank associated with the family. The bank is also closely associated and has financed the oil industry, as it has longstanding connections with its board of directors with Standard Oil’s successor companies, especially Exxon Mobil. Chase National became the Chase Manhattan Bank in 1955 and moved significantly into consumer banking. It is now called JPMorgan Chase. Rockefeller began as an assistant manager in the foreign affairs department. There he financed international trade in a number of products, including coffee, sugar and metals. This position also maintained relationships with more than 1,000 correspondent banks worldwide. He held other positions and became president in 1960. He was president and CEO of Chase Manhattan from 1969 to 1980 and remained as president until 1981. He was also, in 1980, the bank’s largest single shareholder, 1.7% of its shares.
During his tenure as CEO, Chase expanded internationally and became a central component of the world’s financial system because of its global network of correspondent banks, the largest in the world. In 1973, Chase established the first branch of a U.S. bank in Moscow, in the then Soviet Union. That year Rockefeller traveled to China, resulting in his bank becoming the first correspondent bank of the National Bank of China in the United States.
Rockefeller traveled extensively and met with foreign governors and U.S. presidents, beginning with Dwight D. Eisenhower. He sometimes served as an unofficial emissary on high-level business. Among the foreign leaders he met were Saddam Hussein, Fidel Castro, Nikita Khrushchev and Mikhail Gorbachev.
In 1968, he turned down an offer from his brother Nelson Rockefeller, then governor of New York, to appoint him to Robert F. Kennedy’s Senate seat after Kennedy was assassinated in June 1968, a position Nelson also offered to his nephew John Davison “Jay” Rockefeller IV. President Jimmy Carter offered him the post of Secretary of the Treasury of the United States, but he declined.
Rockefeller met Henry Kissinger in 1954, when Kissinger was appointed director of a seminal nuclear weapons study group at the Council on Foreign Relations, of which David Rockefeller was a member. He called Kissinger to the board of trustees of the Rockefeller Brothers Fund, and consulted with him frequently, on issues that included Chase Bank’s interests in Chile and the possibility of the election of Salvador Allende in 1970. Rockefeller supported his “opening of China” initiative in 1971 because it offered banking opportunities for Chase Bank.
Rockefeller knew the director of the Central Intelligence Agency (CIA), Allen Dulles, and his brother, the sec
Another important source of wealth of assets was his art collection, ranging from impressionist to postmodern, which he developed through the influence on him of his mother Abby and his establishment, with two associates, of the Museum of Modern Art in New York City in 1929. The collection, valued at several hundred million dollars, was auctioned in the spring of 2018, with proceeds going to several designated nonprofit organizations, including Rockefeller University, Harvard University, the Museum of Modern Art, the Council on Foreign Relations and the Maine Coast. Heritage Trust.
Non-governmental leadership positions
Council on Foreign Relations – Honorary President
Americas Society – Founder and Honorary President
Trilateral Commission – Founder and Honorary President of North America 【61】
Bilderberg meetings: Member Advisory Group member only
The New York Young Republican Club – Board Member
Presidential Medal of Freedom (1998);
United States Legion of Merit (1945);
French Legion of Honor (1945);
United States Army Commendation Ribbon (1945)
Commander of the Brazilian Order of the Southern Cross (1956);
Charles Evans Hughes NCCJ Award, (1974);
George C. Marshall Foundation Award (1999);
Andrew Carnegie Philanthropy Medal (2001);
Synergos Bridging Leadership Award (2003);
The Grand Croix of the Legion of Honour (2000);
C. Walter Nichols Award, New York University (1970);
World Brotherhood Award, Jewish Theological Seminary of America (1953)
American Institute of Architects Merit Award (1965);
Medal of Honor for Urban Planning, American Institute of Architects (1968);
Adriano Award from the World Monuments Fund (for the preservation of art and architecture) (1994)
Gold Medal Award from the National Institute of Social Sciences (1967 – awarded to the 5 brothers);
International Leadership Award from the United States Council for International Business (USCIB) (1983);
Gold Medal Award from the One Hundred Years Association of New York (1965)
Who is David Rockefeller Jr.
David Rockefeller, Jr. is a lifelong entrepreneur, philanthropist and conservationist with an active interest in the arts, social justice and ocean health.
The David Rockefeller Fund was established in 1989 by David Rockefeller and his wife Peggy to carry out their annual charitable giving in communities where they had homes outside New York City. In 2001, David Rockefeller expanded the Fund and invited his children and grandchildren and their spouses to play a more active role in the Fund with the idea of passing on the family’s philanthropic tradition to them. The work of the Fund provides a learning environment in which family members can engage in dialogue and make grants on issues of shared interest.
“Our family remains united in the belief that those who have benefited most from our nation’s economic system have a special responsibility to give back to our society in a meaningful way. – David Rockefeller