Name: | Jacob Rothschild |
Occupation: | Entrepreneur |
Gender: | Male |
Birth Day: | April 29, 1936 |
Age: | 84 |
Country: | England |
Zodiac Sign: | Taurus |
Jacob Rothschild
Trivia
Physique
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Before Fame
He began working for the family bank in 1963. In 1980, he resigned due to a family dispute.
Biography
Biography Timeline
In 1961, Rothschild married Serena Mary Dunn, a granddaughter of the Canadian financier Sir James Dunn, and they had four children. Lady Rothschild died in 2019. Their four children are:
From 1963 Rothschild worked at the family bank N M Rothschild & Sons in London, before resigning in 1980 due to a family dispute. The chairmanship of the bank had passed from his father, who had chosen to follow a scientific career and had lost control of the majority voting shares, to his cousin Sir Evelyn Robert de Rothschild, and Jacob felt that his aspirations would be thwarted. He sold his minority stake in the bank, but took independent control of Rothschild Investment Trust (now RIT Capital Partners plc), an investment trust listed on the London Stock Exchange.
After resigning from the bank in 1980, Jacob Rothschild went on to found J. Rothschild Assurance Group (now St. James’s Place plc) with Sir Mark Weinberg in 1991. In 1989, he joined forces with Sir James Goldsmith and Kerry Packer, in an unsuccessful bid for British American Tobacco.
In 1988 he inherited from his aunt Dorothy de Rothschild, the Waddesdon and Eythrope estates in Buckinghamshire, and began a close association with Waddesdon Manor, the house and grounds which were built by Baron Ferdinand de Rothschild in the 1880s and bequeathed to the National Trust in 1957 by his cousin, James A. de Rothschild. He has been a major benefactor of the restoration of Waddesdon Manor through a private family charitable trust and, in an unusual arrangement, has been given authority by the National Trust to run Waddesdon Manor as a semi-independent operation. The cellars at Waddesdon Manor house his personal collection of 15,000 bottles of Rothschild wines dating as far back as 1870.
His country estate has been a venue for visiting heads of state including Presidents Ronald Reagan and Bill Clinton. Margaret Thatcher received French President François Mitterrand there at a summit in 1990. He hosted the European Economic Round Table conference in 2002, attended by James Wolfensohn, former president of the World Bank, Nicky Oppenheimer, Warren Buffett and Arnold Schwarzenegger.
In 1993 he joined with John Sainsbury, Baron Sainsbury of Preston Candover to set up the Butrint Foundation to record and conserve the archaeological site of Butrint in Albania, close to his holiday home on Corfu. Today, Jacob remains Chairman of the Butrint Foundation.
From November 2003 until his retirement in 2008, he was Deputy Chairman of BSkyB Television and until 2008 he was a Director of RHJ International. He has also been 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 2003 Rothschild came under scrutiny when Russian oil industrialist Mikhail Khodorkovsky’s shares in YUKOS passed to him under a deal they concluded prior to Khodorkovsky’s arrest.
In November 2010, an undisclosed entity affiliated with Rothschild purchased a 5.0% equity interest in Genie Energy, a subsidiary of IDT Corporation, for $10.0 million. In 2013, Genie Energy was granted exclusive oil and gas exploration rights to a 153-square mile area in the southern part of the Golan Heights.
In the past, he has also been a Trustee of the State Hermitage Museum of St Petersburg (retired 2008); a Trustee of the Qatar Museums Authority (retired 2010); Chairman of the Pritzker Prize for Architecture (2002–2004); Chairman of both the Gilbert Collection Trust and the Hermitage Development Trust, Somerset House; a Trustee and Honorary Fellow of the Courtauld Institute, Somerset House; and a Fellow, Benefactor, and member of the Visitors’ Committees of the Ashmolean Museum Oxford (retired 2008). In 2014, he received the J. Paul Getty Medal “for extraordinary achievement in the fields of museology, art historical research, philanthropy, conservation and conservation science”.
Open to the public, Waddesdon attracted over 466,000 visitors in 2018, with 157,000 visiting the house in 2015. Waddesdon has won many awards over the last 20 years, including Visit England’s “Large Visitor Attraction of the Year” category in 2017, Museum of the Year Award and Best National Trust Property.
He was appointed Knight Commander of the Royal Victorian Order (KCVO) in the 2020 New Year Honours for services to the Duchy of Cornwall.
🎂 Upcoming Birthday
Currently, Jacob Rothschild is 85 years, 4 months and 11 days old. Jacob Rothschild will celebrate 86th birthday on a Friday 29th of April 2022.
Find out about Jacob Rothschild birthday activities in timeline view here.
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