Tuesday, 19 July 2016

Jacob Rothschild Net Worth

Jacob Rothschild is a British investment banker and a member of the prominent Rothschild banking family. He has an estimated net worth of $5 billion that he earned as the founder of the J. Rothschild Assurance Group. He was born Nathaniel Charles Jacob Rothschild, 4th Baron Rothschild, on April 29, 1936. He attended Eton College and Christ Church, Oxford where he gained a First (the highest academic achievement) in history while he was tutored by Hugh Trevor-Roper. As the eldest son, Jacob worked at the family bank N M Rothschild & Sons in London from 1963. However, he resigned in 1980 due to a family dispute. He took independent control of Rothschild Investment Trust, now RIT Capital Partners PLC, an investment trust listed in the London Stock Exchange where he now serves as the Chairman. He is also the Chairman of J Rothschild Capital Management, a subsidiary of RIT Capital Partners PLC. After his resignation from the family bank, he founded J. Rothschild Assurance Group, now St. James Place, in 1991 along with Sir Mark Weinberg. In 2006, Jacob Rothschild was named a Founding Partner and Advisory Board Member of Xander Real Estate (India). He is also a Member of the Council for the Duchy of Cornwall for HRH The Prince of Wales as well as a member of the International Advisory Board of The Blackstone Group. From 2003 to 2008, he was Deputy Chairman of BSkyB Corporation. He was a Director of RHJ International until 2008.

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