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Rockefeller Foundation built on a fossil-fuel fortune becomes largest philanthropist to shun oil investments

The Rockefeller Foundation, a 107-year-old philanthropy built by oil tycoon John D. Rockefeller, says it will completely break with the fossil-fuel industry that seeded its wealth. The $5 billion endowment is pledging to drop its fossil fuel holdingsUSO and, notably, is promising to avoid new investments in the sector, its leadership told CNN in an interview.  The pledge makes the Rockefeller Foundation the largest U.S. foundation to join this divestment movement in the interest of slowing man...
New York United States France General Johnd Rockefeller Rajiv Shah Valerie Rockefeller

The Next Generation of Philanthropists

The Next Generation of Philanthropists Last Updated: Dec. 7, 2020 at 9:57 a.m. ET First Published: Dec. 7, 2020 at 9:53 a.m. ET By Pentas December 2020 cover, featuring (from top left) Valerie Rockefeller, Justin Rockefeller, Josh Lauder, Stephen Curry, Ayesha Curry, Adrian Cheng, Melinda Gates, and Bill Gates. Illustration by Gluekit; Clockwise from top left: Courtesy of Valerie Rockefeller; Courtesy of Justin Rockefeller; Mattie C. (Lauder); Kelly Sullivan/Getty Imag...
Alameda County United States Hong Kong West Virginia San Francisco Chow Tai Fook

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