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Jacob Rothschild 

Nathaniel Charles Jacob Rothschild, known as the 4th Baron Rothschild, was an important person in Britain. He was a banker and belonged to the famous Rothschild banking family. Born on April 29, 1936, he had key roles in businesses, finance, and public life in the UK. He was also very involved in helping others through charity work.

Early Life and Education

Nathaniel Charles Jacob Rothschild was born on April 29, 1936, at Merton Hall in Cambridge. He was the oldest son of Victor Rothschild, 3rd Baron Rothschild, and Barbara Judith Rothschild (formerly Hutchinson).

His dad came from a Jewish family, while his mom converted to Orthodox Judaism when they got married. Nathaniel went to Eton College for his early education and then studied at Christ Church, Oxford. He did well there and got a First in history. One of his teachers was Hugh Trevor-Roper. While at Oxford, he was also part of the Bullingdon Club, a student organization.

He had a half-sister named Emma Georgina Rothschild and a half-brother named Amschel Rothschild.

Name	Jacob Rothschild
Full Name	Mayer Amschel Rothschild
Birth	1744
Birthplace	Frankfurt, Holy Roman Empire
Death	1812
Age	68
Citizenship	Holy Roman Empire, later German Confederation
Profession	Banker
Father	Amschel Moses Rothschild
Mother	Schoenche Rothschild
Siblings	Four brothers and five sisters
Wife	Guttle Schnapper
Children	Five sons and five daughters
Award/Honor	None known

Personal Life

In 1961, Jacob Rothschild married Serena Mary Dunn, who was the granddaughter of Canadian financier Sir James Dunn. Together, they had four children: three daughters and one son. Sadly, Lady Rothschild passed away in 2019.

Their children are:

Hannah Mary Rothschild Brookfield (born May 22, 1962). She married William Brookfield in 1994, and they have three daughters.

Beth Matilda Rothschild Tomassini (born February 27, 1964). She married Antonio Tomassini in 1991, and they have three children.

Emily Magda Rothschild Freeman-Attwood (born December 19, 1967). She married Julian Freeman-Attwood on June 25, 1998, and they have two daughters.

Nathaniel Philip Victor James Rothschild, 5th Baron Rothschild (born July 12, 1971). He married Annabelle Neilson in 1995, but they divorced in 1997. He later married Loretta Basey in 2016.

Jacob Rothschild, the 4th Baron Rothschild, passed away on February 26, 2024, at the age of 87.

Jacob Rothschild Net worth

Jacob Rothschild, a British investment banker, amassed a substantial net worth of $5 billion by the time of his passing. Renowned for his success in investment banking, Jacob was a prominent figure within the esteemed Rothschild family. He passed away on February 26, 2024, at the age of 87.

Name	Jacob Rothschild
Net Worth	$5 Billion
Category	Richest Business › Richest Billionaires
Birthdate	April 29, 1936 - February 26, 2024 (87 years old)
Birthplace	United Kingdom
Gender	Male
Profession	Banker
Nationality	United Kingdom

Business Career

Nathaniel Rothschild began his business journey in 1963 at the family-owned N M Rothschild & Sons bank in London. However, he left in 1980 due to a disagreement within the family. The leadership of the bank shifted to his distant cousin Sir Evelyn Robert de Rothschild, as Nathaniel's father had opted for a scientific career and lost control of the majority voting shares. Despite this, Nathaniel maintained control over Rothschild Investment Trust (now RIT Capital Partners plc), an investment trust listed on the London Stock Exchange, by selling his minority stake in the bank.

In 1991, after leaving the bank, Nathaniel co-founded J. Rothschild Assurance Group (now St. James's Place plc) with Sir Mark Weinberg. In 1989, he collaborated with Sir James Goldsmith and Kerry Packer in a bid for British American Tobacco, although it was unsuccessful.

Nathaniel chaired RIT Capital Partners plc, one of the largest investment trusts on the London Stock Exchange, with assets totaling around £2 billion. He also chaired J Rothschild Capital Management, a subsidiary of RIT Capital Partners plc, and retained various venture capital and property interests.

Additionally, from November 2003 to his retirement in 2008, Nathaniel served as Deputy Chairman of BSkyB Television. He was also a Director of RHJ International until 2008, a Member of the council for the Duchy of Cornwall for the Prince of Wales, and a member of the International Advisory Board of The Blackstone Group.

In recognition of his services to the Duchy of Cornwall, Nathaniel Rothschild was appointed Commander of the Royal Victorian Order (CVO) in the 2020 New Year Honours.

Oil Interests

In 2003, reports emerged indicating that Nathaniel Rothschild acquired Russian oil tycoon Mikhail Khodorkovsky's shares in YUKOS as part of a pre-existing agreement between them, before Khodorkovsky's arrest.

Then, in November 2010, an entity associated with Rothschild obtained a 5% equity stake in Genie Energy, a subsidiary of IDT Corporation, for $10 million. This move aimed at investing in energy ventures. Subsequently, in 2013, Israel granted Genie Energy exclusive rights for oil and gas exploration over a 153-square mile (396 km2) area in the southern region of the Golan Heights, which is under Israeli control.

Philanthropy

Jacob Rothschild played a significant role in supporting the arts and cultural heritage in Britain. He served as Chairman of the Trustees of the National Gallery from 1985 to 1991 and later chaired the National Heritage Memorial Fund from 1992 to 1998. During the 1990s, he held the position of chairman at the Heritage Lottery Fund, responsible for allocating funds from the National Lottery to various heritage projects and overseeing the distribution of £1.2 billion in grants.

Throughout his philanthropic endeavors, Rothschild was involved in various cultural institutions. He served as a Trustee of the State Hermitage Museum of St. Petersburg until his retirement in 2008, and similarly, he was a Trustee of the Qatar Museums Authority until 2010. Additionally, he chaired the Pritzker Prize for Architecture from 2002 to 2004 and played key roles in organizations such as the Gilbert Collection Trust and the Hermitage Development Trust at Somerset House.

Rothschild was instrumental in projects aimed at preserving historical landmarks, notably leading the restoration efforts of Somerset House in London and the restoration of Spencer House, an 18th-century townhouse adjacent to his offices.

Furthermore, he co-founded the Butrint Foundation in 1993 with John Sainsbury, Baron Sainsbury of Preston Candover, to conserve the archaeological site of Butrint in Albania. He remained Chairman of the Butrint Foundation until his passing.

Continuing his family's charitable legacy in Israel, Rothschild chaired Yad Hanadiv, a family foundation that contributed significant buildings to Israel, including the Knesset and the Supreme Court. He was also actively involved in The Rothschild Foundation (Hanadiv) Europe and served as Honorary President of the Institute for Jewish Policy Research.

Rothschild's commitment to philanthropy extended beyond the arts, as evidenced by his membership in the Arts & Humanities Research Board, honorary fellowship in the British Academy, and trusteeship of The Prince of Wales's Charitable Fund.

Additionally, he held positions on various boards, including the UK Main Honours Board, the Edmond J Safra Foundation, and the Henry J Kravis Prize for Creative Philanthropy committee, before retiring from these roles.

Waddesdon Manor House

In 1988, Jacob Rothschild inherited the Waddesdon and Eythrope estates in Buckinghamshire from his aunt, Dorothy de Rothschild. This marked the beginning of his deep connection with Waddesdon Manor, a magnificent estate built by Baron Ferdinand de Rothschild in the 1880s. Baron Ferdinand had bequeathed the estate to the National Trust in 1957, and Jacob's cousin, James A. de Rothschild, continued this legacy.

Jacob Rothschild became a significant supporter of the restoration efforts at Waddesdon Manor through a private family charitable trust. In an unusual arrangement, he was granted authority by the National Trust to oversee Waddesdon Manor as a semi-independent operation.

The cellars of Waddesdon Manor hold Jacob Rothschild's collection of 15,000 bottles of Rothschild wines, some dating back to 1870.

Waddesdon Manor, open to the public, has become a popular attraction, drawing over 466,000 visitors in 2018, with 157,000 visiting the house in 2015. Over the years, Waddesdon Manor has earned numerous awards, including Visit England's "Large Visitor Attraction of the Year" in 2017, the Museum of the Year Award, and recognition as the Best National Trust Property.

Jacob Rothschild commissioned the construction of Flint House, which won the 2015 RIBA Award, on the Waddesdon Manor estate. He subsequently donated the property to the Rothschild Foundation, which manages the estate for the National Trust.

Waddesdon Manor has also served as a venue for notable events and visits from heads of state. U.S. presidents Ronald Reagan and Bill Clinton visited, and it hosted a summit between Margaret Thatcher and French president François Mitterrand in 1990. Additionally, it was the site of the European Economic Round Table conference in 2002, organized by Warren Buffett and attended by prominent figures such as James Wolfensohn, former president of the World Bank, and actor Arnold Schwarzenegger.

Jacob Rothschild's Religion

Nathaniel Charles Jacob Rothschild, born on April 29, 1936, at Merton Hall in Cambridge, was the eldest son of Victor Rothschild, 3rd Baron Rothschild, and Barbara Judith Rothschild (née Hutchinson). His father hailed from a Jewish family, while his mother converted to Orthodox Judaism upon their marriage.

Rothschild Family

The Rothschild family (/ˈrɒθ(s)tʃaɪld/ ROTH(S)-Chylde) is a wealthy Ashkenazi Jewish noble banking family originally from Frankfurt. Their ascent to prominence began with Mayer Amschel Rothschild (1744–1812), who served as a court factor to the German Landgraves of Hesse-Kassel in the Free City of Frankfurt, Holy Roman Empire, and established his banking business in the 1760s.

Mayer Amschel Rothschild managed to amass considerable wealth and establish an international banking dynasty through his five sons, who set up businesses in London, Paris, Frankfurt, Vienna, and Naples. The family received a noble rank in both the Holy Roman Empire and the United Kingdom.

The documented history of the Rothschild family dates back to 16th century Frankfurt, with their name originating from the family house, Rothschild, constructed by Isaak Elchanan Bacharach in Frankfurt in 1567.

During the 19th century, the Rothschild family possessed the largest private fortune globally and in modern world history. However, their wealth declined over the 20th century, becoming distributed among numerous descendants.

Today, the Rothschild family is involved in various fields, including financial services, real estate, mining, energy, agriculture, winemaking, and nonprofits. Their architectural legacy can be seen in numerous examples of rural architecture across northwestern Europe.

Unfortunately, the Rothschild family has often been the target of conspiracy theories, many of which have antisemitic origins.

How many members are in the Rothschild family?

The exact number of members in the Rothschild family is not publicly disclosed due to privacy reasons. However, the family is known to have an extensive network of descendants across generations.

Who are the Rothschilds, and why are they so important?

The Rothschilds are a prominent Jewish-German banking family that rose to prominence in the late 18th century. Mayer Amschel Rothschild, along with his five sons, established a banking business in the 1760s. The family became influential in the world of finance, establishing banking houses in major European cities like London, Paris, Frankfurt, Vienna, and Naples.

The Rothschilds gained significance due to their innovative financial strategies, which included providing banking services to governments, financing infrastructure projects, and facilitating international trade. Their ability to navigate complex financial markets and establish strategic relationships with powerful figures contributed to their wealth and influence.

Over the years, the Rothschilds have been involved in various philanthropic endeavors and have maintained close ties with political and social elites. Their legacy as one of the most influential banking dynasties in history has earned them recognition and importance in global finance and society

Aspect	Details
Family Name	Rothschild
Pronunciation	/ˈrɒθ(s)tʃaɪld/ ROTH(S)-chylde
Origin	Frankfurt
Founder	Mayer Amschel Rothschild (1744–1812)
Initial Business	Court factor to the German Landgraves of Hesse-Kassel in the Free City of Frankfurt, Holy Roman Empire, establishing a banking business in the 1760s
Expansion	Five sons of Mayer Amschel Rothschild established businesses in London, Paris, Frankfurt, Vienna, and Naples
Noble Rank	Elevated to noble rank in the Holy Roman Empire and the United Kingdom
Documented History	Dating back to the 16th century Frankfurt, named after the family house, Rothschild, built by Isaak Elchanan Bacharach in 1567
Wealth Peak	Possessed the largest private fortune globally during the 19th century and in modern world history
Wealth Distribution	Declined over the 20th century and divided among many descendants
Current Interests	Financial services, real estate, mining, energy, agriculture, winemaking, nonprofits
Architectural Legacy	Numerous examples of rural architecture across northwestern Europe
Conspiracy Theories	Frequently targeted by conspiracy theories, many of which have antisemitic origins

Honours and Awards

Honours and Awards	Year	Country
Member of the Order of Merit (OM)	2002	United Kingdom
Knight Grand Cross of the Order of the British Empire (GBE)	1998	United Kingdom
Commander of the Royal Victorian Order (CVO)	2020	United Kingdom
The Prince of Wales Medal for Arts Philanthropy	2013	United Kingdom
Honorary degrees from multiple universities	Various	United Kingdom
Honorary Fellow of the British Academy (Hon FBA)	1998	United Kingdom
Senior Fellow of the Royal College of Art (FRCA)	1992	United Kingdom
Honorary Fellow of King's College London (Hon FKC)	2002	United Kingdom
"Apollo Personality of the Year"	2002	United Kingdom
Honorary President of the Institute for Jewish Policy	2002	United Kingdom
Mont Blanc Award	2004	United Kingdom
Tercentenary Medal for St Petersburg	2005	United Kingdom
Honorary Student of Christ Church, Oxford	March 2006	United Kingdom
The Hadrian Award from the World Monuments Fund	1995	United States
The Classical America – Arthur Ross Award	1998	United States
The Iris Foundation Award - the BARD Institute	1999	United States
The Golden Plate Award of the American Academy of Achievement	2000	United States
The Centennial Medal of the American Academy in Rome	2002	United States
The Kennedy Center's International Committee Lifetime Achievement Gold Medal in the Arts Award	2006	United States
Royal Oak Foundation "Timeless Design Award"	2009	United States
The J. Paul Getty Medal	2014	United States
Commander of the Order of Henry the Navigator	1985	Continental Europe
Europa Nostra Medal of Honour in Brussels	2003	Continental Europe
Freedom of the City of Saranda	2003	Continental Europe
Honoree of the Gennadius Library Trustees' Annual Award	2010	Continental Europe
National Flag Order	2014	Continental Europe
The Sir Winston Churchill Award	2004	Israel
The Weizmann Award	50th Anniversary of the State of Israel	Israel
Honorary degree from the Hebrew University of Jerusalem	Various	Israel
Honorary fellowships from City of Jerusalem and the Israel Museum, the Commonwealth Jewish Council Award	Various	Israel

Frequently Asked Questions (FAQs)

Q- Where did Jacob Rothschild live?

Ans- Jacob Rothschild resided primarily at Waddesdon Manor, located in Buckinghamshire. Waddesdon Manor is a magnificent 19th-century mansion built in the French style by the Rothschild family. While the estate was given to the National Trust in the 1950s, it was leased back by the Rothschild Foundation, which cared for its upkeep and maintenance.

Q- Where is the Rothschild house located?

Ans- The Rothschild house, known as Waddesdon Manor, is situated in the village of Waddesdon, located in Buckinghamshire, England. Owned by the National Trust and managed by the Rothschild Foundation, Waddesdon Manor is one of the National Trust's most visited properties, attracting over 463,000 visitors in 2019. It was established around 1874.

Q- How did Jacob Rothschild get rich?

Ans- Jacob Rothschild's wealth is rooted in the legacy of the Rothschild banking family, which dates back to the 18th century in Frankfurt. Family members expanded their banking businesses across Europe, including cities like London and Paris.

One significant event that contributed to the family's wealth was Nathan Mayer Rothschild's astute investment in British government bonds in 1815. Anticipating Napoleon's defeat at the Battle of Waterloo, Nathan Mayer Rothschild made a strategic move to purchase these bonds, which proved immensely profitable and significantly increased the family's fortune. This strategic investment played a pivotal role in establishing the Rothschild family as one of the wealthiest and most influential banking dynasties in Europe.

Q- Where is the Rothschild family now?

Ans- The Rothschild family primarily resides in Western Europe, with a significant presence in countries such as the United Kingdom, France, and Germany. Their historical roots trace back to Frankfurt, Germany, where the family originated in the Frankfurter Judengasse area of the Holy Roman Empire. Since the establishment of their banking business in the 1760s, the Rothschild family has maintained a strong presence in various regions of Western Europe, playing influential roles in finance, business, and philanthropy.