The president of Edmond de Rothschild Holding dies at the age of 57

Benjamin de Rothschild, President Edmond de Rothschild Holding SA, which helped privatize the bank in 2019, has died at the age of 57.

“It is with great regret and great sadness that Edmond de Rothschild Group announces the passing of Benjamin de Rothschild following a heart attack at his home in Pregny, Switzerland,” the company said on Saturday. a declaration.

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The Swiss branch of the large Rothschild banking dynasty – once one of the richest families in the world – was created by Baron Edmond de Rothschild, whose parents fled to Switzerland during World War II. He created the group in 1953, later buying a Swiss private bank and working in asset management.

De Rothschild was the head of the group created by his father in 1997 and worked to simplify its structure after delisting. At the end of 2019, the group had assets of 173 billion francs (194 billion dollars) with activities in 15 countries, according to its website.

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