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Legendary financier Lord Jacob Rothschild dies at 87
The Independent
|February 27, 2024
Lord Jacob Rothschild, financier, philanthropist and head of the renowned Rothschild empire, has died aged 87.
His family confirmed his death in a statement yesterday and described the patriarch – who has held a number of senior financial and philanthropic roles – as a “towering presence”. The Rothschilds have an estimated fortune of around £825m, according to last year’s Sunday Times Rich List, and give away a reported £66m to Jewish causes, education and art, with £10m in annual grants.
The British peer started his career in the family bank, NM Rothschild & Sons, in 1963, before breaking away from the family business in 1980 and going on to co-found J Rothschild Assurance Group, now known as St James’s Place, in 1991.
This story is from the February 27, 2024 edition of The Independent.
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