LORD Jacob Rothschild has died at the age of 87, his family have announced.
The financier was a British peer and a member of the Rothschild banking family.
His family have been at the top of the financial tree since the 18th century.
Lord Rothschild’s family have an estimated fortune of around £825million, according to last year’s Sunday Times Rich List, and give away a reported £66 million to Jewish causes, education and art.
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.”
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