Jacob Rothschild, financier and member of the famous banking family, has died

Jacob Rothschild / Photo: Blake Ezra Photography / Shutterstock Editorial / Profimedia

Lord Jacob Rothschild, the financier and scion of the Rothschild banking family, has died aged 87.

He began his career at the family bank HM Rothschild & Sons in 1963, before co-founding a number of firms, including J Rothschild Assurance Group, now St James Place, with Sir Mark Weinberg in 1980.

He has held a number of senior roles, including vice-chairman of BSkyB between 2003 and 2008 and has also been involved in the arts and philanthropy. Rothschild was a former chairman of trustees at the National Gallery, as well as the National Heritage Memorial Fund and the Heritage Lottery Fund.

For his service in 2002, he was awarded the Order of Merit. The honor is given to those who have rendered meritorious services in the fields of art, literature, learning and science.

In a statement to the PA Media news agency, his family said: "Our father Jacob was a huge presence in the lives of many people, an extraordinarily accomplished financier, a champion of the arts and culture, a dedicated public servant, a passionate supporter of charities, a passionate environmentalist and much loved friend, father and grandfather."

Dear reader,

Our access to web content is free, because we believe in equality in information, regardless of whether someone can pay or not. Therefore, in order to continue our work, we ask for the support of our community of readers by financially supporting the Free Press. Become a member of Sloboden Pechat to help the facilities that will enable us to deliver long-term and quality information and TOGETHER let's ensure a free and independent voice that will ALWAYS BE ON THE PEOPLE'S SIDE.


Video of the day