Secret Files Reveal Rothschild’s Offshore Domain

Late guardian of French branch of banking dynasty had a web of at least 20 secrecy-cloaked trusts in the South Pacific.

Baron Elie de Rothschild, the guardian of the French branch of the famed Rothschild banking dynasty, built an offshore empire in the palm-fringed Cook Islands between 1996 and 2003.

Rothschild, a businessman and arts patron who died in 2007 at the age of 90, constructed a complex network of offshore trusts and front companies, according to secret documents obtained by the International Consortium of Investigative Journalists (ICIJ) and reviewed by Le Monde.

Rothschild and Rockefeller families team up for some extra wealth creation

RIT Capital Partners, which is chaired by Lord Rothschild, has taken a 37pc stake in Rockefeller Financial Services, the family’s wealth advisory and asset management wing. It has snapped up the holding from French bank Société Générale for less than £100m.

The transatlantic alliance cements a five-decade acquaintance between the now ennobled Jacob Rothschild, 76, and David Rockefeller, 96, the grandson of the ruthlessly acquisitive American oilman and philanthropist John D Rockefeller.