Lord Jacob Rothschild, financier and member of the Rothschild banking family, dies aged 87

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by Mark Duell, Daily Mail:

British peer started his career in the family bank, NM Rothschild & Sons, in 1963
Had four children with wife Lady Serena including the financier Nat Rothschild

Lord Jacob Rothschild – the financier and member of the Rothschild banking family – has died at the age of 87, his family announced today.

The British peer, who was also well-known in the arts and heritage world, started his career in the family bank, NM Rothschild & Sons, in 1963.

He then went on to co-found the then J Rothschild Assurance Group, now St James’s Place, with Sir Mark Weinberg in 1980.

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Lord Rothschild – who had four children including the financier Nat Rothschild – also founded Windmill Hill Asset Management to manage the family’s philanthropic portfolio.

His family have an estimated fortune of around £82 million, according to last year’s Sunday Times Rich List, and give away a reported £66million to Jewish causes, education and art.

During his career, Lord Rothschild held roles such as deputy chairman at the then BSkyB Television and was also chairman of trustees at The National Gallery.

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