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Baron Benjamin de Rothschild, heir to the famous banking empire, has died at the age of fifty-seven, announced the Edmond de Rothschild Holding SA banking group, which he heads.
The chairman of the holding company’s board of directors died of a heart attack on Friday in Pregny, the family’s home in the canton of Geneva, Switzerland. Benjamin de Rothschild, descendant of a family that has been active in the European banking world for almost 300 years, has led the famous banking group founded by his father in 1953 and bearing his name since 1997, writes atv.hu.
The Geneva-based Edmond de Rothschild Group, which specializes primarily in private banking and asset management services, reports 173 billion Swiss francs (57.909 billion guilders) in total assets. Forbes business magazine estimated Benjamin de Rothschild’s net private assets at $ 1.5 billion ($ 447.5 billion).
The bank manager’s passions included finance, sailing, cars, and fine wines. He was also philanthropic through the Adolphe de Rothschild Foundation Hospital. The banker is mourning his wife, Ariane de Rothschild, and four grown daughters.
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