Lord Jacob Rothschild, the financier and member of the Rothschild banking family, has died at the age of 87.

In a statement on Monday, his family called Lord Rothschild "a towering presence in many peoples' lives".

His career begun at the family bank, NM Rothschild & Sons, before he moved on to start his own wealth management fund in 1989.

The Rothschild family has an estimated fortune of about £825m, according to last year's Sunday Times Rich List.... Read More: BBC