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Britain Obit Jacob Rothschild
FILE - Chairman of RIT Capital Partners, Lord Jacob Rothschild arrives for a reception, hosted by Britain's Prince Charles, at Clarence House in London for the delegates of the Global Investment Conference, July 26, 2012. Financier and philanthropist Jacob Rothschild, of the renowned Rothschild banking dynasty, has died at 87, his family said Monday Feb. 26, 2024. Rothschild began his career in the family bank, NM Rothschild & Sons, in 1963, before he broke away to start businesses and charitable organizations. His family described him as a “towering presence." (AP Photo/Sang Tan, File)

Financier and philanthropist Jacob Rothschild dies at 87

Financier and philanthropist Jacob Rothschild, of the renowned Rothschild banking dynasty, has died at 87, his family said Monday

By AP News
Published - Feb 26, 2024, 02:20 PM ET
Last Updated - Feb 26, 2024, 02:20 PM EST

LONDON (AP) — Financier and philanthropist Jacob Rothschild, of the renowned Rothschild banking dynasty, has died at 87, his family said Monday.

Rothschild began his career in the family bank, NM Rothschild & Sons, in 1963, before breaking away to start businesses and charitable organizations. His family paid tribute to him in a statement.

“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," his family said.

“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," they added, without providing any more details.

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