Born in April 1936, financier and philanthropist Lord Jacob Rothschild has died aged 87, according to his family.
Rothschild was educated at Eton College and studied history at Christ Church, Oxford, before joining NM Rothschild.
He left the family banking business in a dispute over strategy with his cousin, Evelyn, and formed RIT Capital Partners, which he chaired from 1988 to 2019.
Rothschild co-founded J Rothschild Assurance Group, now known as St James's Place, in 1991.
He held several notable roles, including deputy chair of BSkyB Television from 2003 to 2008 and a position on the international advisory board of Blackstone.
Rothschild backed Sir Martin Sorrell's investment vehicle S4 Capital after Sorrell's departure from WPP.
He was a noted philanthropist and patron of the arts, leading cultural institutions and financing architectural restoration projects across the UK.
Rothschild served as chair of trustees of the National Gallery and chair of the Heritage Lottery Fund.
He helped restore London landmarks such as Somerset House and Spencer House, as well as Waddesdon Manor in Buckinghamshire.
Rothschild was active in Israel, serving as chair of Yad Hanadiv, the family foundation, from 1989 to 2018.