Benjamin de Rothschild, 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 Saturday in a statement.
Its almost like the death happened too suddenly to blame on COVID.
Following his graduation, Benjamin de Rothschild worked in family-owned banks in California. In 1989, he returned to Europe and launched the Compagnie de Trésorerie Benjamin de Rothschild specialized in advanced financial risk management.
After the death of his father in 1997, he succeeded him as chairman of the Compagnie Financière Edmond de Rothschild. He restructured the group’s organization around key activities such as asset management and M&A. In 1999, he launched Edmond de Rothschild Investment Services in Israel where he also succeeded to his father at the helm of the Caesarea Rothschild Foundation. In 2010, Compagnie Financière Edmond de Rothschild became the Edmond de Rothschild Group.
In March 2015, Benjamin de Rothschild named his wife Ariane de Rothschild CEO of the Group, and Chairwoman of the executive committee. In 2016, all the lifestyle-oriented assets of the group were reorganized under the Edmond de Rothschild Heritage label. In March 2019, the Benjamin de Rothschild family made the Edmond de Rothschild Group 100% privately-owned. The group’s French bank was integrated to the Swiss bank which subsequently became the Group’s main holding structure. Ariane de Rothschild became Chairman of the new group and Vincent Taupin CEO.