David René de Rothschild

Baron David René James de Rothschild (born December 15, 1942) is a French banker and a member of the French branch of the Rothschild family. He is the chairman of Rothschild Continuation Holdings, a Swiss holding company (which is believed to be controlled by Concordia BV, another holding company, registered in the Netherlands). He was formerly a chairman of De Beers. Since May 2013, de Rothschild is also the chairman of the Governing Board of the World Jewish Congress, the international Jewish organization representing Jewish communities in 100 countries.

Later career

In an interview, dated 18 October 2003, with George Trefgarne published in The Spectator, David de Rothschild indicated that it took until 1986, when the Socialists lost power, for the Rothschild family to get a new banking license in France. In 1987—joined by his half-brother Edouard, step-brother Count Philippe de Nicolay, and cousin Eric de Rothschild—he created a successor company, Rothschild & Cie Banque. Capitalized at only $1 million and starting with just three employees, they soon built their tiny investment bank into a major competitor in France and continental Europe.

In 2003, following the retirement of Sir Evelyn Robert de Rothschild as head of N M Rothschild & Sons of London, the UK and French firms merged to become one umbrella entity called “Group Rothschild”. Ownership was shared equally between the French and British branches of the family under the leadership of David de Rothschild. In 2007, the British branch sold their share to the French branch. The French branch now fully owns N M Rothschild & Sons.

As of 2008, David de Rothschild holds the following corporate positions:

Chairman of N M Rothschild & Sons
Chairman of Rothschild Continuation Holdings
Vice Chairman of Rothschild Bank AG
Vice Chairman of the Supervisory Board of Paris Orleans
Senior Partner of Rothschild & Cie Banque
Member of the Supervisory Board of Compagnie Financiere Saint-Honore
Member of the Supervisory Board of Compagnie Financiere Martin Maurel.
Member of the Supervisory Board of De Beers Group
Member of the Supervisory Board of Groupe Casino

In 2015, David de Rothschild was indicted in Spain for fraud in relation to a scheme that allegedly defrauded British retirees who signed up for an inheritance tax minimisation scheme.

Source: Wikipedia