A Rothschild Broke From Dynasty and Still Became Super Rich
- Jacob Rothschild, 83, is retiring from RIT Capital Partners
- He and family will remain significant shareholders of the firm
Four decades ago, Jacob Rothschild did something crazy. After a family falling out, he turned his back on the riches of Europe’s biggest banking dynasty to pursue his own interests.
Today, as he plans to retire, the offshoot business he created is marking the latest milestone in the personal fortunes of a banking clan that stretches across France, Switzerland and Britain.