London (AFP) – British Jacob Rothschild, a philanthropist known for being part of the well-known banking dynasty, died at the age of 87, his family announced this Monday.
First modification: 02/27/2024 – 10:53 Last modification: 02/27/2024 – 10:52
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“Our father Jacob had a prominent presence in the lives of many people, he was an investor with great achievements, he was a patron of the arts and culture,” the family highlighted in a statement that does not specify the date of death.
His entourage also highlighted that he was “a devoted public servant, a passionate defender of charitable causes in Israel and Jewish culture, an enthusiastic environmentalist and a very beloved friend, father and grandfather.”
Rothschild was born in Berkshire, west of London, in 1936, and was the son of Victor Rothschild, an aristocrat known for his love of science, for his role as an oil company executive and for having been an advisor to Conservative and Labor governments.
Jacob Rothschild began his career at the family bank in 1963, before leaving the company to chair the Rothschild Investment Trust fund, which was later renamed RIT Capital Partners, where he worked until 2019.
Between 1991 and 1999 he was a member of the Upper House of the British Parliament, the House of Lords.
Rothschild was a widower and had four children.
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