Rothschild began his career at the family bank, NM Rothschild & Sons, in 1963 and later established businesses and charitable organizations.

Jacob Rothschild, a prominent figure in the world of philanthropy and finance, unfortunately passed away at the age of 87. 

The family will interment the deceased following Jewish traditions in a private service. A commemorative event will be held at a later time to honour his life 

According to the Sunday Times Rich List, the Rothschild family has an estimated fortune of approximately 825 million pounds ($1 billion). 

The Rothschild Foundation, responsible for managing the family's former residence, Waddesdon Manor, will take over as chair of the Rothschild Foundation 

The Rothschild Foundation expressed sorrow in announcing the passing of its chairman, Lord Rothschild, who had a significant impact on various aspects of British society. 

It has been decided that his daughter, Hannah Rothschild, will make the transition to the role of Chair of the Rothschild Foundation.  

Hannah Rothschild on how she juggles half a dozen jobs: 'I try to treat my writing a bit like a love affair.