Benjamin de Rothschild, president of Edmond de Rothschild Holding SA, who helped make the bank private in 2019, died at age 57.
“It is with deep regret and great sadness that Edmond de Rothschild Group announces the death of Benjamin de Rothschild after a heart attack at his home in Pregny, Switzerland,” the company said on Saturday in a statement.
Photographer: Gari Garaialde / Getty Images
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The Swiss branch of the extensive Rothschild banking dynasty – which was once one of the richest families in the world – 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 private Swiss bank and branching out into asset management.
De Rothschild was head of the group created by his father since 1997 and worked to simplify its structure after going public. At the end of 2019, the group had 173 billion francs ($ 194 billion) in assets with activities in 15 countries, according to its website.
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