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Edmond de Rothschild Holding's chairman dies at 57
Banking

Edmond de Rothschild Holding's chairman dies at 57

16.01.2021
Benjamin de Rothschild dies following a heart attack at his home in Switzerland, company confirms
Benjamin de Rothschild, who has died aged 57, had helped take the bank private in 2019 Photo: Yvan Zedda/Gitana SA/ AFP
Benjamin de Rothschild, who has died aged 57, had helped take the bank private in 2019 Photo: Yvan Zedda/Gitana SA/ AFP

Benjamin de Rothschild, the chairman of Edmond de Rothschild Holding SA, who helped take the bank private in 2019, has died at 57.

“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,” the company said in a statement on Saturday.

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.

De Rothschild had been head of the group created by his father since 1997 and worked to simplify its structure after delisting. As of the end of 2019, the group had 173 billion francs (€160 billion) in assets with activities in 15 countries, according to its website.

©2021 Bloomberg L.P.


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