Lord Jacob Rothschild has passed away at the age of 87, his family announced on Monday, according to media reports
Lord Jacob Rothschild, a financier and member of the Rothschild banking family, has died at the age of 87, his family announced on Monday, according to media reports.
The British peer, who was also well-known in the arts and chaired the National Heritage Memorial Fund, started his career in the family bank, NM Rothschild & Sons, in 1963. He later went on to co-found J Rothschild Assurance Group, now called St Jamesβs Place, with Sir Mark Weinberg in 1980. Lord Rothschild also founded Windmill Hill Asset Management to manage the familyβs philanthropic portfolio.
