Jacob Rothschild

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Person.png Jacob Rothschild   Companies House SourcewatchRdf-entity.pngRdf-icon.png
(banker)
Jacob Rothschild.jpg
BornNathaniel Charles Jacob Rothschild
1936-04-29
NationalityBritish
CitizenshipUnited Kingdom
Alma materEton College, Christ Church (Oxford)
ReligionJewish
Parents • Victor Rothschild
• Barbara Judith Hutchinson
Children • Hannah Mary
• Beth Matilda
• Emily "Emmy" Magda
• Nathaniel Philip Rothschild
SpouseSerena Mary Dunn
Founder ofInter-Alpha Group of Banks
Member ofFuture Of Russia Foundation, Rothschild family
British investment banker and a member of the Rothschild family.

Employment.png Future Of Russia Foundation/Director

In office
25 January 2013 - 9 May 2016
Succeeded byHelena Kennedy

Employment.png Chairman

In office
1961 - Present
EmployerRIT Capital Partners plc

Nathaniel Charles Jacob Rothschild (4th Baron Rothschild) is a British investment banker and a member of the Rothschild family.

In August 2016, he announced that the world is seeing the "greatest monetary policy experiment in history".[1]

He is Honorary President of the Institute for Jewish Policy Research.[2]

Background

Born in 1936, he is the eldest son of Victor Rothschild, 3rd Baron Rothschild by his first wife Barbara Judith Rothschild (née Hutchinson). His father was born into a Jewish family, while his mother converted to Orthodox Judaism when they married.[3] Rothschild was educated at Eton College and then at Christ Church (Oxford), where he gained a First in history, tutored by Hugh Trevor-Roper.[4]

Career

From 1963 Rothschild worked for 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 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 theLondon 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.[5] In 1989, he joined forces with Sir James Goldsmith and Kerry Packer, in an unsuccessful bid for British American Tobacco.

Rothschild is Chairman of RIT Capital Partners plc, one of the largest investment trusts quoted on the London Stock Exchange with a net asset value of about £2 billion. He is Chairman of J Rothschild Capital Management, a subsidiary of RIT Capital Partners plc.[6] He is also a Member of the Council for the Duchy of Cornwall for HRH The Prince of Wales[7] and a member of the International Advisory Board of the Blackstone Group.[8] He also retains many other venture capital and property interests.

From November 2003 until his retirement in 2008, he was Deputy Chairman of BSkyB Television[9] and until 2008 he was a Director of RHJ International.[10]

Oil interests

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.[11][12]

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.[13] In 2013, Genie Energy was granted exclusive oil and gas exploration rights to a 153-square mile radius in the southern part of the Golan Heights.[14]

Connections

From his headquarters in St James's Place in London, Jacob Rothschild has cultivated an influential set of clients, business associates and friends who have extended his interests far beyond the normal scope of a banker. He was a close personal friend of Diana, Princess of Wales and maintains strong personal and business links with Henry Kissinger.

His country estate has been a regular 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 such figures as James Wolfensohn, former president of the World Bank, Nicky Oppenheimer, Warren Buffett and Arnold Schwarzenegger.[15]

 

Related Document

TitleTypePublication dateAuthor(s)Description
Document:Rothschilds Caught Rigging The US Presidential ElectionArticle30 September 2016'SatyaRaj'Whether it's Clinton or Trump, the Rothschilds are the real winners!
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References