The Rockefellers diversify
Everybody frets about money, even the Rockefellers. Shortly after the Standard Oil trust was broken up in 1911, John D. Rockefeller was said to be worth $900 million. By the time Grandson Nelson was required to air the Rockefeller finances in 1974 during his confirmation hearings to become Vice President, the family had given away some $1.4 billion in various philanthropies, but still had well over $1 billion to its name. Today the family holdings are estimated at $3 billion to $4 billion.
That may sound like a great deal of money. But there were, after all, 74 direct...