Lord Jacob Rothschild, the financier and member of the Rothschild banking family, has died at the age of 87
His career began at the family bank, NM Rothschild & Sons, before starting his own wealth management fund. He was also known for his philanthropy.
He joined the family bank in 1963 but left in 1980 after falling out with his cousin Sir Evelyn de Rothschild.
He went on to build his own financial empire in the City of London, founding investment trust RIT Capital, which he chaired until 2019.
The Rothschild family has an estimated fortune of about £825m, according to last year's Sunday Times Rich List.
Lord Rothschild also held roles including deputy chairman at BSkyB Television, director of RHJ International, now known as BHF Kleinwort Benson Group, and was a member of the council for the Duchy of Cornwall for the then-Prince of Wales.
From those of us in the back of the room😁
Financier Lord Jacob Rothschild, renowned for his arts philanthropy, dies at age of 87 Tom Davidson Mon, 26 February 2024 at 6:18 am GMT-6·3-min read
Well... I'll be!
Lord Jacob Rothschild, the financier and member of the Rothschild banking family, has died at the age of 87
https://www.bbc.com/news/business-68404567
Well then. I'll be.