Jacob Rothschild Net Worth: How Much Is Jacob Rothschild Worth?
Jacob Rothschild net worth-British peer, investment banker, and a member of the Rothschild banking family, Nathaniel Charles Jacob Rothschild, 4th Baron Rothschild was born on April 29, 1939, in Cambridge, England.
How much was Jacob Rothschild worth?
As of the time of his death, Jacob Rothschild had a net worth estimated to be about $20 trillion as of 2024. He is believed to have amassed his impressive net worth from his bank investments and also his family’s fortune as a member of the Rothschild banking family.
Jacob Rothschild assets
As of the time of filing this report, we have no information regarding the assets and lifestyle of Jacob Rothschild.
Jacob Rothschild career
At the family bank N M Rothschild & Sons in London, Rothschild began working in 1963 and left in 1980 as a result of a family quarrel.
It had been his distant cousin Sir Evelyn Robert de Rothschild who had taken over the chairmanship of the bank after his father, having chosen to pursue a scientific career and forfeit control of the majority voting shares.
While RIT Capital Partners plc, an investment trust registered on the London Stock Exchange, was under his autonomous management, he sold his minority position in the bank.
In 1991, Rothschild and Sir Mark Weinberg founded J. Rothschild Assurance Group, which is currently St. James’s Place plc, following Rothschild’s departure from the bank in 1980.
He teamed together with Kerry Packer and Sir James Goldsmith in 1989 to attempt a failed takeover of British American Tobacco.
At RIT Capital Partners plc, one of the biggest investment trusts listed on the London Stock Exchange with a net asset value of around £2 billion, Rothschild served as chairman.
At J Rothschild Capital Management, a division of RIT Capital Partners plc, he served as chairman. He kept a large number of additional real estate and venture capital holdings as well.
He served as the Deputy Chairman of BSkyB Television from November 2003 until his retirement in 2008; prior to that, he was a Director of RHJ International.
In addition, he served on the International Advisory Board of The Blackstone Group and as a member of the Prince of Wales’ council for the Duchy of Cornwall.
In the 2020 New Year’s Honours, Rothschild received an appointment as Commander of the Royal Victorian Order (CVO) in recognition of his contributions to the Duchy of Cornwall.
According to a 2003 report, Russian oil industrialist Mikhail Khodorkovsky received ownership of YUKOS shares through an agreement reached before Khodorkovsky was arrested.
For $10 million in November 2010, a Rothschild-affiliated corporation acquired a 5% stock stake in Genie Energy, an IDT Corporation subsidiary.
Source: www.Ghgossip.com
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