He started his career at NM Rothschild & Sons, his family’s bank, before creating his wealth management fund. He was also known for giving a lot to charity.
Lord Rothschild’s family praised him as someone who had a big impact on many people’s lives.
Former Prime Minister Tony Blair said nice things about him, calling him a wonderful person and a close friend.
Lord Rothschild was born in Berkshire in 1936, went to Eton College, and studied history at Christ Church, Oxford.
He left the family bank in 1980 after a disagreement with his cousin and then built his own successful financial business in London.
According to the Sunday Times Rich List, the Rothschild family is very wealthy, with around £825 million.
Lord Rothschild’s family described him as a great financier, someone who loved the arts, and a caring person. He was also passionate about helping others and protecting the environment.
He had important roles in different companies and organizations, like BSkyB Television and the National Gallery.
Tony Blair sent his condolences to Lord Rothschild’s family, saying he would miss his friend a lot. He mentioned how much Lord Rothschild did to help others, including supporting the arts and working for peace in the Middle East.
The National Gallery expressed sadness about Lord Rothschild’s death, calling him a businessman, philanthropist, and leader in culture.
Lord Rothschild was married to Lady Serena Rothschild for more than 50 years, and they had four children.
The Rothschild family has been in banking since the 18th century, starting in Frankfurt and expanding across Europe.
In 1815, the family made a lot of money when one of their members bought British government bonds before Napoleon’s defeat at Waterloo.
Sir Evelyn de Rothschild, Lord Jacob Rothschild’s cousin, was chairman of NM Rothschild from 1976 to 2003, and he advised Queen Elizabeth II on money matters.