Baron Benjamin de Rothschild, chairman of the Edmond de Rothschild Holding Company, which oversees the French-Swiss financial group, Edmond de Rothschild, passed away on Friday at the age of 57, his family announced Saturday.
“Ariane de Rothschild and her daughters announce with great sadness the death of her husband and father Benjamin de Rothschild from a heart attack at the family home in Priene (Switzerland) on Friday afternoon January 15, 2021,” the family said in a statement.
Benjamin de Rothschild was born on July 30, 1963, and father of four daughters, with whom he had his wife, Ariane, the international financial expert who was entrusted with the presidency of the group in 2015.
The Geneva-based Franco-Swiss group specializes in private banking and asset management and has nothing to do with the Franco-British investment bank Rothschild & Co.
The group’s assets are valued at 173 billion Swiss francs (160 billion euros).
The group, which was founded in 1953, today includes 2,600 employees in 32 branches around the world.
Benjamin de Rothschild had held the presidency of the group since 1997, following the death of his father, Edmond de Rothschild.
He was the son of Baroness Nadine de Rothschild, 88, a former actress best known for her books on the art of fitness and good behavior.
The family announced that the funeral ceremony will take place in the coming days, and that it will be limited to family members.
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