On February 27, 2024, the Rothschild family shared the news of the passing of Jacob Rothschild, a revered financier and philanthropist, at the age of 87. With a career that began at NM Rothschild & Sons in 1963, Jacob’s journey extended far beyond the family’s banking heritage, encompassing ventures in business, philanthropy, and public service.
Described as a towering presence by his family, Jacob Rothschild’s life was marked by excellence in finance, arts, culture, and environmental advocacy. His legacy extends beyond professional accomplishments to encompass his dedication to Jewish causes, education, and the arts, reflecting a fortune estimated at £825 million ($1 billion) according to the Sunday Times Rich List.
Following Jewish traditions, Jacob Rothschild will be laid to rest in a private ceremony, with plans for a memorial to celebrate his extraordinary life at a later time.
Tributes poured in from around the world, acknowledging Rothschild’s profound impact. Former British Prime Minister Tony Blair hailed him as a “towering figure” within Britain’s Jewish community, recognizing his efforts for peace in the Middle East.
Jacob’s educational background, including studies at Eton College and Christ Church College, Oxford University, paved the way for his influential career. He steered Rothschild Investment Trust to prominence and co-founded St James’s Place, leaving an indelible mark on the business landscape.
His contributions to the cultural realm were equally significant, serving as chairman of the National Gallery’s board of trustees and the National Lottery Heritage Fund. The Rothschild Foundation announced that his daughter, Hannah, would succeed him as chair, ensuring the family’s philanthropic legacy endures.
Jacob Rothschild leaves behind a family including his four children and numerous grandchildren, following the loss of his wife, Serena, in 2019. His profound impact on finance, philanthropy, and beyond leaves an enduring legacy cherished by those he touched and the causes he championed.
