Information reaching Kossyderrickent has it that Rare sighting of King’s Guard over the weekend for Jacob Rothschild before his death.
The family called him a “towering presence”, and said the banking grandee and peer in the House of Lords would be buried, before a remembrance service.
Rothschild, a banker and financier, was also well known for his support for philanthropic and environmental causes, as well as Jewish charities.
He started his banking career in the family business, NM Rothschild & Sons, in 1963. He then went on to co-found J Rothschild Assurance Group, now St James’s Place, in 1980.
In a statement, the family said: “Our father Jacob was a towering presence in many peoples’ 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 and Jewish culture, a keen environmentalist and much-loved friend, father and grandfather.
“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.”
The British peer started his career in the family bank, NM Rothschild & Sons, in 1963.
He then went on to co-found the then J Rothschild Assurance Group, now St James’s Place, with Sir Mark Weinberg in 1980.
He also founded Windmill Hill Asset Management to manage the family’s philanthropic portfolio and was chairman of the trustees for The Rothschild Foundation charity.
