America’s famous businessman and philanthropist David Rockefeller died at the age of 101 on Monday, according to his spokesman.

Rockefeller died in his sleep at his home in Pocantico Hills in New York due to heart failure, his spokesman Fraser P. Seitel said.

Head of JP Morgan Chase bank, David Rockefeller was the grandson of John D. Rockefeller, co-founder of the Standard Oil company.

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