US billionaire David Rockefeller dies aged 101

US billionaire David Rockefeller dies aged 101 | TRT World – He was the son of John D. Rockefeller Jr, who developed New York’s Rockefeller Center, and was the last living grandson of oil tycoon John D. Rockefeller, founder of Standard Oil and the family dynasty.

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.

The Rockefeller name came to symbolise unpopular US banking policies in debtor countries, and Rockefeller was scorned on the left for working with Chile’s Augusto Pinochet and the shah of Iran.

He also was viewed with anger on the right for pushing to open trade with China and the Soviet Union during the Cold War.

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