Famous philanthropist Jacob Rothschild died at the age of 87

Famous British Jewish banker and philanthropist Lord Jacob Rothschild died at 87 age. The Rothschild Foundation confirmed the news of his death. However, they did not describe the reason for his death.

The Rothschild Foundation described Lord Jacob as a massive presence in many people’s lives. He was a superbly accomplished financier, a devoted public servant, and a passionate supporter of charitable causes in Israel and Jewish culture.

Moreover, the foundation recalled Jacob Rothschild as a champion of the arts and culture, a keen environmentalist, and a much-loved father, grandfather, and friend.

Lord Jacob Rothschild, the financier and member of the Rothschild banking family, has died at the age of 87. pic.twitter.com/5XA7EZdcTf
— Daily Loud (@DailyLoud) February 27, 2024

Former UK Prime Minister Tony Blair described Jacod as a wonderful human being, paying tribute to him. He expressed his sympathies to the Rothschild family. He said he would miss his friend dearly.

Tony Blair's tribute to Lord Jacob Rothschild: https://t.co/IRL2BX64uN pic.twitter.com/DOyc3OwN8f
— Tony Blair Institute for Global Change (@InstituteGC) February 26, 2024

Furthermore, Tony said Lord Jacob was iconic in Britain’s Jewish community. However, his impact was global in his support for a great cause, including the arts and environment. In addition, his tireless work to advance peace in the Middle East.

Apart from Tony Blair, the National Gallery expressed sadness famous philanthropist Lord Jacob Rothschild has died. They stated Jacob Rothschild was a commercial magnate, philanthropist, and cultural figure. Their thoughts are with his family and loved ones.

We are saddened to hear of the death of Lord Rothschild.

Jacob Rothschild was a businessman, entrepreneur, philanthropist and cultural leader. He was the Chair of our Board of Trustees from 1985-1991.

Our thoughts are with his family and loved ones. pic.twitter.com/UWWkBMA0ui
— National Gallery (@NationalGallery) February 26, 2024

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Lord Jacob Rothschild was born in Berkshire in 1936. He attended Eton College and then studied history at Christ Church, Oxford. He joined the family bank NM Rothchild and Sons in 1963 but departed in 1980 after a disagreement with his cousin, Sir Evelyn de Rothschild.

Mr. Jacob established his financial empire in the City of London, forming the investment trust RIT (Rothschild Investment Trust) Capital, which he chaired until 2019. According to the Sunday Times Rich List, the Rothschild family’s fortune is believed to be over £825 million.

Lord Jacob also served as deputy chairman of BSkyB Television and director of RHJ International (also known as Kleinwort Benson Group). He served as a Duchy of Cornwall council member for the then-Prince of Wales.