Banker Benjamin de Rothschild, chairman of Edmond de Rothschild Holding SA, has died at his home in Switzerland, it was announced on Saturday. He was 57.
This content was published on
1 minute
Keystone-SDA/Bloomberg/Edmond de Rothschild Group/ilj
“It is with deep regret and great sadness that Edmond de Rothschild Group announces the passing of Benjamin de Rothschild following a heart attack at his home in Pregny (Switzerland),” a company statementExternal link said.
The Swiss branch of the sprawling Rothschild banking dynasty – once one of the world’s richest families – was created by Baron Edmond de Rothschild, whose parents fled to Switzerland during World War II. He created the group in 1953, later buying a Swiss private bank and branching out into asset management.
His son, Benjamin de Rothschild, had headed the Geneva-based group since 1997 and the company was delisted in 2019. As of the end of 2019, the group had CHF173 billion francs ($194 billion) in assets and was active in 15 countries, according to its website.
The baron, who died on Friday, afternoon, was described as a visionary entrepreneur and active philanthropist with many passions that included finance, sailing, wine and cars.
“With his unique character, Benjamin de Rothschild never ceased to transform and modernise his legacy, in line with the family’s values,” the statement said.
He is survived by his wife, Ariane de Rothschild, and their four adult daughters.
Popular Stories
More
Foreign affairs
Why Swiss trams have become sought-after vehicles in Ukraine
Switzerland condemns rocket attack on Golan Heights sports pitch
This content was published on
The Swiss foreign ministry has condemned a rocket attack on a football pitch in the Israeli-occupied Golan Heights, which resulted in the deaths of twelve children and young people.
Groundbreaking claims expected after Crowdstrike IT breakdown
This content was published on
The claims for damages following the recent global IT breakdown of Crowdstrike are expected to be groundbreaking, according to Matthias Stürmer, a professor of digitalisation at Bern University of Applied Sciences.
Swiss National Bank Chairman encourages public engagement in financial issues
This content was published on
Jordan emphasised the importance of financial literacy, noting its relevance in everyday life, such as when looking for a job, taking out a mortgage, preparing for retirement or saving.
No Swiss Federal Council speech at Rütli for August 1 celebrations
This content was published on
Traditionally, a member from the Swiss Federal Council makes an appearance on the Rütli meadow in canton Uri during the August 1 celebrations.
Swiss government investigates historical treatment of Yenish people
This content was published on
The Swiss government has commissioned a legal opinion to clarify Switzerland's role in the treatment of the Yenish community.
Switzerland participates in ASEAN foreign ministers’ meeting
This content was published on
This engagement was part of a four-day tour of Southeast Asia, aimed at advancing the Swiss Federal Council's Southeast Asia Strategy.
Majority of shareholders approve sustainability reports of major Swiss companies
This content was published on
Shareholders have approved the sustainability reports of the largest Swiss companies by a large majority at their annual general meetings.
EU releases €1.5B frozen assets to Ukraine: Switzerland opts out
This content was published on
The EU announced the release of €1.5 billion (CHF1.44 billion) in aid to Ukraine. Switzerland will not follow the EU's approach.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Ariane de Rothschild: ‘I’m just the one taking the heat’
This content was published on
The chief executive of the Geneva-based Edmond de Rothschild bank has come to wield controversial authority within the famous family.
Rothschild branches settle dispute over family name
This content was published on
The Swiss and French banks owned by two branches of the Rothschild dynasty of financiers have settled a years-long dispute.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.