By JOSEPH PISANI, AP Enterprise Author
NEW YORK (AP) — Benjamin de Rothschild, who oversaw the banking empire began by his father in 1953, has died. He was 57.
The Edmond de Rothschild Group, the corporate he was chairman of, stated that de Rothschild died of a coronary heart assault Friday afternoon at his dwelling in Pregny, Switzerland.
Since 1997, Benjamin de Rothschild headed the banking group, which was named after his father. In the present day, Edmond de Rothschild Group says it manages belongings value 160 billion euros, or $190 billion.
Forbes journal estimates de Rothschild’s internet value at $1.5 billion. He’s a descendent of the Rothschild household, which has an almost 300-year historical past working European banks.
In a press launch asserting his demise, the Edmond de Rothschild Group stated de Rothschild was captivated with finance, crusing, vehicles and wine. He was additionally a philanthropist, concerned within the Adolphe de Rothschild Basis Hospital, the corporate stated.
He’s survived by his spouse, Ariane de Rothschild, and their 4 grownup daughters.
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