How Rockefellers Shaped The Art Market
Ahead of the sale of the David and Peggy Rockefeller collection at Christie’s this week, the family’s archivist examines their approach. He begins: ‘The name Rockefeller is inextricably linked with an astute understanding of markets. In 1870, aged barely 30, John D. Rockefeller, Senior created Standard Oil, and by the early 20th century, he was worth at least a billion dollars. His descendants displayed similar market savvy in investing their considerable inheritance, notably in art.’
