by Frank Bergman

February 26, 2024

from SlayNews Website

Italian version

Lord Jacob Rothschild has died at the age of 87, the powerful globalist billionaire's family announced today.

The British financier, who was also well-known in the arts and heritage world, was a member of the notorious Rothschild banking family.

In 1963, he started his career in the family bank, NM Rothschild & Sons.

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

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

During his career, he held roles such as deputy chairman at the then 'Sky' Television and was also chairman of trustees at The National Gallery.

Lord Rothschild also had a role as chairman of the National Heritage Memorial Fund.

In 1992 he also became president of the then Institute of Jewish Affairs, now known as the Institute for Jewish Policy Research.

The family said in a statement Monday:

"Our father Jacob was a towering presence in many people's 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.

"He will be buried in accordance with Jewish custom in a small family ceremony and there will be a memorial at a later date to celebrate his life."

Lord Rothschild - whose full name and title was Nathaniel Charles (Jacob), 4^th Lord Rothschild - was the eldest son of Nathaniel (Victor), 3rd Lord Rothschild and Barbara Judith, Lady Rothschild.

He was educated at the ultra-elitist Eton College and Christ Church Oxford, where he gained a first in history while being tutored by famed historian Hugh Trevor-Roper.

In 1961, he married Serena Mary Dunn, a granddaughter of the Canadian financier Sir James Dunn. She died in a hospital in London in January 2019 after an illness.

Lord Rothschild became a partner in NM Rothschild & Sons in 1963, at a time when his father was chairman. He then left the bank in 1980 to take control of the Rothschild Investment Trust and co-founded what is now St James's Place.

Lord Rothschild became chairman of the RIT Capital Partners investment trust and its subsidiary J Rothschild Capital Management.

From November 2003 until his retirement in 2008, he was deputy chairman of 'Sky' and until 2008 he was a director of financial group RHJ International.

Lord Rothschild was also known for his work in the art world, having been chairman of trustees of the National Gallery from 1985 to 1991, and then chairman of the National Heritage Memorial Fund from 1992 to 1998.

From 1994 to 1998, he was chairman of the British National Heritage Lottery Fund, overseeing the distribution of £1.2billion ($1.52B) in grants from lottery proceeds.

He was also a trustee of the State Hermitage Museum of St Petersburg, and of the Qatar Museums Authority - before retiring from both roles.

In 1988, he inherited from his aunt, Dorothy de Rothschild, the Waddesdon and Eythrope estates in Buckinghamshire.

Waddesdon Manor was built by Baron Ferdinand de Rothschild in the 1880s and bequeathed to the National Trust in 1957 by his cousin, James de Rothschild.

He was involved in the restoration of Waddesdon Manor through a private family charitable trust, and the site is now managed with the National Trust in a semi-independent operation.

The site was a regular venue for visiting heads of state including US presidents Ronald Reagan and Bill Clinton.

Former UK Prime Minister Margaret Thatcher also received French President François Mitterrand there at a summit in 1990.

Lord Rothschild was appointed a Member of the Order of Merit by Queen Elizabeth II in 2002 and received the Prince of Wales Medal for Arts Philanthropy in 2013.

In a Monday post on X, Dickie Arbiter, Queen Elizabeth II's former press secretary, said:

"A good and kindly man - very sad.

"Long life to his family."