Jacob Rothschild, a prominent British financier and philanthropist, passed away at the age of 87. He was a senior member of the Rothschild banking dynasty and began his career at the family bank, NM Rothschild & Sons, in 1963. After leaving the family business, he co-founded J. Rothschild Assurance Group and St. James’s Place in 1991. Lord Rothschild was married for more than 50 years to Serena, who passed away in 2019, and together they had four children and many grandchildren. The Rothschild family has an estimated fortune of around £1 billion, and they give away approximately £66 million to Jewish causes, education, and art each year.
Jacob Rothschild, a financier and philanthropist from the renowned Rothschild banking family, has passed away at the age of 87. Rothschild began his career in the family bank, NM Rothschild and Sons, in 1963 before venturing out to establish his own businesses and charitable organizations. His family paid tribute to him in a statement, calling him “a superbly accomplished financier, a champion of the arts and culture, a devoted public servant, a passionate supporter of charitable causes in Israel and Jewish culture, a keen and much-loved friend, father, and grandfather.” The Rothschild family has an estimated fortune of about $1 billion, and reportedly gives away millions to Jewish causes, education, and art.