Jacob Rothschild, Banker Who Broke From Dynasty, Dies at 87.

Jacob Rothschild, a banker and philanthropist, has passed away at the age of 87. He left his family's banking dynasty, N.M. Rothschild & Sons Ltd., in 1980 and went on to build his own financial empire in the City of London. Rothschild was known for his involvement in various business ventures, including co-founding the asset manager St. James's Place Plc. He was also a prominent philanthropist, chairing the boards of the National Gallery and the National Heritage Lottery Fund. Rothschild's death was confirmed by his family, who described him as a respected financier, supporter of the arts, and environmentalist. [Extracted from the article]