British financier and philanthropist Sir Evelyn de Rothschild dies “peacefully at home” aged 91

British financier Sir Evelyn de Rothschild has died aged 91, his family said in a statement.

Sir Evelyn was the son of Anthony de Rothschild and Yvonne Cahen d’Anvers of the Bischoffsheim banking family.

He is widely regarded as one of the leaders Philanthropist and financier of his generation, he was knighted by the Queen in 1989 for services to banking and finance.

Sir Evelyn’s horse Crystal Ocean, a keen horse trainer and owner, won the Hardwicke Stakes at Royal Ascot in 2018.

In a statement, his family said: “It is with great sadness that Lady de Rothschild announces the death of her beloved husband, Sir Evelyn de Rothschild, after a short illness.

“Sir Evelyn passed away peacefully at his home in London last night with his loved ones by his side.

“The family appreciates thoughts and prayers at this very sad time.”

Sir Evelyn de Rothschild has died aged 91, his family said in a statement. He is pictured in New York in 2018

Sir Evelyn de Rothschild has died aged 91, his family said in a statement. He is pictured in New York in 2018

Sir Evelyn de Rothschild has died aged 91, his family said in a statement. He is pictured in New York in 2018

Born in London in 1931, he attended Harrow School and the University of Cambridge before dedicating his life to his family’s bank after his father retired in 1961.

Sir Evelyn was Chief Executive and Chairman of NM Rothschild and Sons Ltd from 1976 to 2003 and Chairman of The Economist from 1972 to 1989.

The financial dynasty was founded by his great-great-great-grandfather in the late 18th century and helped fund the Duke of Wellington’s victory over Napoleon at the 1815 Battle of Waterloo.

Under Sir Evelyn’s supervision, his family’s total banking fortune rose from £40m to £4.6bn.

In 1989 he was knighted by the Queen for services to banking and finance.

Before finally retiring from his role in finance, Sir Evelyn managed to achieve his long-planned goal of merging the London branch of his family bank – now known as Rothschild & Co – with its French counterpart, Rothschild & Compagnie Banque.

“The greatest strength of the family is unity,” he told the New York Times in 1996 when he and cousin David de Rothschild, head of the French house, announced their new partnership.

Sir Evelyn was the son of Anthony de Rothschild and Yvonne Cahen d'Anvers of the Bischoffsheim banking family

Sir Evelyn was the son of Anthony de Rothschild and Yvonne Cahen d'Anvers of the Bischoffsheim banking family

Sir Evelyn was the son of Anthony de Rothschild and Yvonne Cahen d’Anvers of the Bischoffsheim banking family

In addition to his role in his family’s bank, Sir Evelyn was also Chairman of The Economist magazine from 1972 to 1989, a newspaper which he described in a 2002 interview with Bloomberg News as “probably the most important independent publication in the world”.

The Rothschild dynasty was founded by Mayer Amschel, who started buying and selling old coins in a Frankfurt ghetto.

In the early 1800s, Mayer sent his five sons across Europe to set up bases in London, Paris, Vienna, Naples and Frankfurt.

In the 20th century, however, the family’s influence began to wane, and European countries relied more on American banks to finance both world wars against Germany.

Sir Evelyn is survived by his wife Lynn (pictured left), three children and two stepsons

Sir Evelyn is survived by his wife Lynn (pictured left), three children and two stepsons

Sir Evelyn is survived by his wife Lynn (pictured left), three children and two stepsons

Sir Evelyn was married three times, to Jeannette Bishop in 1966, to Victoria Schott in 1973 and to Lynn Forester in 2000.

He had three children with Victoria and two stepsons with Lynn.

In later life, Sir Evelyn turned to philanthropy, running the Eranda Rothschild Foundation which has donated more than £73 million to medical research, education and the arts.

In 2002 he co-founded the Elephant Family, a conservation charity, with the Rajmata of Jaipur and the Duchess of Cornwall’s late brother, Mark Shand.

He is perhaps best known in racing circles as the owner and breeder of Crystal Ocean, who won for Sir Michael Stoute eight times before retiring at the end of 2019.

Sir Evelyn's horse Crystal Ocean, a keen horse trainer and owner, won the Hardwicke Stakes at Royal Ascot in 2018. Sir Evelyn is pictured receiving the trophy from King Charles at Ascot 2018

Sir Evelyn's horse Crystal Ocean, a keen horse trainer and owner, won the Hardwicke Stakes at Royal Ascot in 2018. Sir Evelyn is pictured receiving the trophy from King Charles at Ascot 2018

Sir Evelyn’s horse Crystal Ocean, a keen horse trainer and owner, won the Hardwicke Stakes at Royal Ascot in 2018. Sir Evelyn is pictured receiving the trophy from King Charles at Ascot 2018

The Sea The Stars son, ridden by Frankie Dettori, took Group 1 honors in the Prince of Wales’s Stakes at Royal Ascot earlier this year. He also won the 2018 Hardwicke Stakes and back-to-back overtimes in both the Brigadier Gerard at Sandown and the Al Rayyan Stakes at Newbury.

Other notable horses leading the Rothschild silks to major racing success are the Stoute-trained pair Crystal Capella and Hillstar, the latter being a Royal Ascot winner in the 2013 King Edward VII Stakes before winning the Canadian International the following year .

Sir Evelyn has also enjoyed success at the highest level over jumps courtesy of Ogee, trained by Renee Robeson – winner of the Sefton Novices’ Hurdle at the 2009 Grand National Meeting at Aintree.

He is survived by his wife, Lynn, and three children, Jessica, Anthony and David, and two stepsons, Benjamin Forester Stein and John Forester Stein.

https://www.soundhealthandlastingwealth.com/uncategorized/british-financier-and-philanthropist-sir-evelyn-de-rothschild-dies-peacefully-at-home-aged-91/ British financier and philanthropist Sir Evelyn de Rothschild dies “peacefully at home” aged 91

Brian Ashcraft

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