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Rockefeller Family

NEWS
August 29, 1995 | JOHN M. BRODER, TIMES STAFF WRITER
When the President of the United States goes camping, he lacks for nothing. On an overnight expedition into the wilds of the Rockefeller family's massive JY Ranch inside Grand Teton National Park, the White House saw to it that every presidential need was met. Secret Service sharpshooters patrolled the woods around the campsite. Aides were at hand to provide instant global communications. Cooks met the President's caloric needs at dinner and breakfast.
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BUSINESS
May 12, 1995 | SCOT J. PALTROW, TIMES STAFF WRITER
The Japanese-controlled partnerships that own New York's famed Rockefeller Center filed for Chapter 11 bankruptcy protection Thursday in one of the largest examples yet of a major Japanese investment in the United States gone sour. The partnerships, Rockefeller Center Properties and RCP Associates, said they took the action "because of the impact of the deep and prolonged recession in the New York real estate market."
BUSINESS
January 17, 1992
The Rockefeller family passed the torch in its multibillion-dollar empire to the fourth generation, naming David Rockefeller Jr. to head the family's business and philanthropic affairs. The announcement marked the ascent of a new generation in the family dynasty, founded by John D. Rockefeller more than a century ago with an oil fortune that now stands at an estimated $10 billion.
NEWS
March 27, 1990 | From Times Wire Services
O. Stillman Rockefeller, 30-year-old heir to the Rockefeller and Carnegie fortunes, today was flown back to New York City for treatment of shark bites he suffered off a Fiji island owned by the estate of the late publisher Malcolm Forbes. The son of former banker James S. Rockefeller and his wife, the former Nancy Carnegie of the steel family, returned to the United States accompanied by a medical team, according to a spokesman for Forbes magazine.
BUSINESS
November 1, 1989 | KARL SCHOENBERGER, TIMES STAFF WRITER
Yataro Iwasaki was a man with an eye for real estate. In 1890, the founder of the Mitsubishi Zaibatsu--a large industrial combine that later spawned a loose family of 41 companies with combined annual revenue approaching $200 billion--bought a tract of swampy land adjacent to the Imperial Palace. Today, Iwasaki's little corner of Tokyo is potentially the most valuable turf in the world. It lies beneath the concrete bedrock of the premier business districts of Marunouchi and Otemachi.
BUSINESS
November 1, 1989 | From United Press International
New York officials Tuesday praised the $868-million deal that gave a Japanese company controlling interest in Rockefeller Center--but people in the street were angry to see another piece of Americana fall into foreign hands. The sale came just weeks before the lighting of the famous Christmas tree that overlooks the center's skating rink and the opening of the Radio City Music Hall Christmas show with its high-kicking Rockettes. "Money talks very loudly," said New Yorker Sumner Baye.
BUSINESS
November 1, 1989 | JAMES FLANIGAN
What does it mean that Mitsubishi Estate, the real estate arm of a gigantic Japanese business combine, is buying a 51% interest in Rockefeller Group--the owners of New York's Rockefeller Center? Once again, as with so much foreign investment, Americans hesitate and wonder if they should worry or cheer. The one-word answer is cheer--the deal means additional investment in New York real estate and in other business ventures.
NEWS
October 31, 1989 | KARL SCHOENBERGER, TIMES STAFF WRITER
Mitsubishi Estate Co., one of Japan's leading real estate concerns, announced here today that it has invested $846 million for a 51% stake in the Rockefeller Group, making the firm a major partner in such American icons as New York City's Rockefeller Center and Radio City Music Hall.
BUSINESS
September 12, 1989 | NANCY RIVERA BROOKS, Times Staff Writer
Rockefeller Group, the investment arm of the wealthy Rockefeller family, said it is exploring ways to overhaul the house that patriarch John D. built. The proposals include selling part of the privately held company, whose flashiest asset is New York's famed Rockefeller Center.
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