ROTHSCHILD DEAD AT 87
Godbless you anons, it makes my day I get to be the one to post this if nobody else has already.
https://fortune.com/europe/2024/02/26/lord-jacob-rothschild-dies-at-87/
Jacob Rothschild, the banker and philanthropist who left the family bank to build his own financial empire in the City of London, has died. He was 87.
Rothschild’s family confirmed his death in a statement to the Press Association. No cause was given.
“Our father Jacob was a towering presence in many peoples’ lives – 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 environmentalist and much-loved friend, father and grandfather,” the family said in the statement.
Rothschild left N.M. Rothschild & Sons Ltd. in 1980 to focus on Rothschild Investment Trust after resigning from his family firm over a dispute about its direction. The offshoot business — now known as RIT Capital Partners Plc — is one of the UK’s largest investment trusts.
Along with RIT, he co-founded the asset manager St. James’s Place Plc and formed part of a trio that joined forces three decades ago in a $21 billion aborted hostile takeover bid for British American Tobacco Plc.