Baron Benjamin de Rothschild, chairman of the board of directors of Edmond de Rothschild Holding SA, the umbrella company of the Edmond de Rothschild Group, died on Friday of a heart attack. He was 57 years old.
'Ariane de Rothschild and her daughters are extremely sad to announce the death of their husband and father Benjamin de Rothschild after a heart attack at the family home in Pregny (Switzerland) on the afternoon of January 15, 2021,' the family said in a statement on Saturday.
No connection to the UK bank
The Franco-Swiss group, headquartered in Geneva, which specializes in private banking and asset management, has no connection to the Franco-British investment bank Rothschild and Co. The value of the group is 173 billion Swiss francs (160 billion euros).
The group, founded in 1953, now employs 2,600 people and 32 locations worldwide.
Benjamin de Rothschild had been at the head of the group since 1997 and the death of his father Edmond de Rothschild, husband of Baroness Nadine de Rothschild, who was known for his defense of good and good manners.
Benjamin de Rothschilds funeral will take place in the next few days in the strictest family privacy, his family said.