Baron Benjamin de Rothschild died of a heart attack on Friday, his family confirmed to AFP.
"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 of Pregny on the afternoon of 15 January, 2021," the family said in a statement, as quoted by the agency.
JUST IN - Baron Benjamin de Rothschild (57), banker and Chairman of the Edmond de Rothschild holding company, has died of a heart attack. pic.twitter.com/6UGQwgrDCr— Disclose.tv 🚨 (@disclosetv) January 16, 2021
Baron Benjamin de Rothschild was the president of the family-owned Edmond de Rothschild Holding SA, which is headquartered in Geneva and specialises in private banking and asset management. He took charge of the group after the death of his father, Edmond, in 1997. The value of the group's assets is estimated at almost $200 billion.
A private funeral will be held for the French banker in the coming days, his family said in a statement quoted by AFP.