Billionaire David Rockefeller Sr.’s will is full of surprises

David Rockefeller Sr.
David Rockefeller Sr. via Wiki Commons

With the passing of billionaire David Rockefeller Sr. earlier this month at age 101, comes a peek at the lavish will he left behind.

Page Six reports noteworthy items bequeathed include: a collection of 150,000 dead beetles, paintings by Cézanne, Picasso and Gauguin and most noteworthy of all, a Maine island! Buckle Island, a tiny volcanic mass off the coast of Maine was left to his daughter Eileen.

Meanwhile, the carefully preserved insect collection, which he had worked on since he was seven years old, will go to the Harvard Museum of Comparative Zoology.

The last surviving grandson of oil baron John. D. Rockefeller also left grand sums to charity. He donated $700 million to organizations such as MoMA, which he also left a large portion of his pricey art collection.

He also set up trusts for his five children. [NYP]

  • Did he also dig his own grave?

  • 1Ronald

    Trusts are a smart move knowing the entitled won’t blow it all in their first year of inheritance. I have seen far less wealthy people run through their inheritance like it was water. No, you don’t give it to charity. You leave it to your own flesh and blood to grow the amount and to become successful with it. But only if you took the time to groom them before passing.

    • nancy

      excuse me? most civil and philanthropic people leave money to charities. their children already have enough and it is as they wish.. yes there are many, guest like you and the t rumps who give nothing, but only to themselves. charitable giving is good

      • 1Ronald

        Is it really necessary to have this communism vs. capitalism discussion? And your “their children already have enough” who decides this? You? For the record “their children” or anyone’s children never have enough. Never. Moreover, it’s also the Family Name that needs continued life and perpetuating into the future. It’s the ability to do what “dad” has done, do it the same as dad, do it even better than dad and neither maintain a status quo nor slink into the shadows of darkness to be forever forgotten. Have I adequately presented The Case Against Buffett? If you can Walk the Talk in business then you must groom your progeny to replace you and to do so with confidence. Not to delegate this to another with a different name, a different background, who may at best attempt to emulate you thereby reducing future successes to a crap shoot. And in Buffett’s case this is even more profound for we’re talking other people’s money as well as his own.

  • 1Ronald

    Trusts are a smart move knowing the entitled won’t blow it all in their first year of inheritance. I have seen far less wealthy people run through their inheritance like it was water. No, you don’t give it to charity. You leave it to your own flesh and blood to grow the amount and to become successful with it. But only if you took the time to groom them before passing.