Lord Jacob Rothschild: Financier dies aged 87

Financier, philanthropist and head of the renowned Rothschild empire, Lord Jacob Rothschild has died aged 87.

His family confirmed his death in a statement on Monday and described the patriarch – who has held a number of senior financial and philanthropic roles – as a “towering presence”.

The Rothschilds have an estimated fortune of around £825m, according to last year’s Sunday Times Rich List, and give away a reported £66m to Jewish causes, education and art each year.

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