Baron Benjamin de Rothschild, chairman of the board of directors of Edmond de Rothschild Holding SA, an entity that oversees the Edmond de Rothschild Group, died on Friday, his family told AFP on Saturday.
"Ariane de Rothschild and her daughters are extremely sad to announce the death of their husband and father, Benjamin de Rothschild, following a heart attack at the family home in Pregny (Switzerland) on the afternoon of January 15, 2021, "the family said in a statement.
Benjamin de Rothschild, born July 30, 1963, was 57 years old.
The Franco-Swiss group, headquartered in Geneva, specializing in private banking and asset management, has no connection with the Franco-British investment bank Rothschild and Co.
The value of the assets managed by the group amounts to 173 billion Swiss francs (160 billion euros).
Founded in 1953, the group now has 2,600 employees and 32 locations around the world.
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 became known for his defense of good manners and good manners.
Passionate about sailing, Benjamin de Rothschild was also known for having created in 2000 the "Gitana Team", an offshore racing team which won victories in the Route du Rhum, the English Transat, the Rolex Fastnet Race, the Transat Jacques Vabre , "or even during the Orma Grand Prix or the transatlantic races where he embarked with his teams," said the Gitana Team in a press release.
He thus continued a shared history between his family and sailing initiated by his great-great aunt and his father.
Benjamin de Rothschild's funeral will take place in the coming days in the strictest family privacy, his family said.
© 2021 AFP