Saturday, April 1, 2017

'Few families, of course, are as wealthy as the Rockefellers...'

Well, that's for sure.

An interesting piece, at NYT, "Giving Like a Rockefeller, Even if You're Not Super-Rich."

The story talks about David Rockefeller's grandson, Michael Quattrone (pictured), who manages the David Rockefeller Fund. The senior Rockeffer is said to have given away at least $2 billion to charity in his lifetime, and philanthropy's become the raison d'être of the entire family. The younger members of the family convinced some of the family's biggest charitable funds (they are numerous, apparently) to divest from fossil fuels, the irony of which just kills me.

In any cast, it's a good read.