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British banker Jacob Rothschild dies aged 87
  + stars: | 2024-02-26 | by ( ) www.cnbc.com   time to read: +2 min
Jacob Rothschild attending the Belle Epoque Gala Dinner at The National Gallery on March 16, 2006 in London, England. British financier Jacob Rothschild, a senior member of one of Europe's best-known banking dynasties, has died at the age of 87, his family announced on Monday. Rothschild was also known for being a long-standing patron of the arts, and was trustee of Britain's National Gallery between 1985 and 1991. Ed Vaizey, Britain's former culture minister, paid tribute to Rothschild on X, describing him as one of the country's greatest cultural philanthropists. The Rothschild banking family traces its roots back to 18th century Frankfurt, from where different family members moved to cities across Europe to build out banking businesses.
Persons: Jacob Rothschild, Rothschild, St James's, Ed Vaizey Organizations: Belle, UK's Press Association, NM Rothschild, Sons, Rothschild Assurance Group, St, RIT Capital Partners, Rothschild Foundation Locations: London, England, British, Israel, NM, Waddesdon, Frankfurt, Europe
The Rothschild family amassed their fortune from their powerful European banking dynasty. Lord Jacob Rothschild and his wife Serena had four children: Hannah, Beth, Emily, and Nat. AdvertisementHaving defined several eras of financial history and established banks across Europe, the Rothschild family's impact remains wide-reaching. Following Lord Jacob Rothschild's death on Monday at the age of 87, the focus now turns to the heirs to the family fortune, worth an estimated $1 billion, according to a 2023 report by the Sunday Times Rich List. Here are the Rothschild family members now at the helm of one of the world's most powerful financial dynasties.
Persons: Rothschild, Lord Jacob Rothschild, Serena, Hannah, Beth, Emily, Nat, , Jacob Rothschild's, Sunday Times Rich Organizations: Service, Sunday Times Locations: Europe
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