Sunday, August 9, 2020

Israel's Historic Rothschild Dynasty Connection Revisited: Part 9

Edmond de Rothschild (Israel) Ltd. business offices in Tel Aviv in 21st-century
In the 21st-century, not surprisingly, members of the Rothschild Dynasty (which, historically, initially funded the Zionist movement’s settler-colonies in Palestine in the late 19th-century) also have business offices in Tel Aviv. As a May 15, 2015 article, titled “A New Prestigious Address for Edmond De Rothschild Israel,” that was posted on the Edmond de Rothschild (Israel) Ltd. firm’s website noted:

“On 14 May 2015, Edmond de Rothschild (Israel) Ltd. inaugurated its new offices on 20 Boulevard Rothschild in Tel-Aviv. Ariane de Rothschild reiterated her family commitment to Israel, and emphasized her intention to see the Group do more business in Israel to become a major player in the Israeli economy and its financial markets. She paid tribute to the impressive work achieved by the team in Tel-Aviv under the leadership of Miki Kliger….

“In 2007, the Edmond de Rothschild Group purchased the building at 20 Rothschild Boulevard...Benjamin de Rothschild is the Chairman of the Board of Directors of Edmond de Rothschild Holding SA, the umbrella entity of the Edmond de Rothschild Group. The overall management of all the businesses of the Edmond de Rothschild Group is the responsibility of the Executive Committee, which is chaired by Vincent Taupin.”

Baroness Ariane de Rothschild: Wife of Edmond de Rothschild Holding SA Chairman
Another business firm controlled by members of the Rothschild Dynasty in the 21st century is Rothschild & Co, which has a business office at 32 Rothschild Boulevard in Tel Aviv.  According to the Rothschild & Co.’s website, “Rothschild & Co. is a global and family-controlled group” that provides “M&A, strategy and financing advice, as well as investment and wealth management solutions to large institutions, families, individuals and governments, worldwide. The Rothschild & Co. website also describes itself in the following way:

“Having been at the centre of the world's financial markets for over 200 years, we can rely on an unrivalled global network of trusted professionals and decision makers.  This means that we have in-depth market intelligence, bringing us closer to current issues than any other global financial institution.

“Our 3,600 talented employees in over 50 offices around the world have a strong track record of outstanding execution in three business lines: Global Advisory, Wealth and Asset Management, and Merchant Banking.”

David de Rothschild is the Chairman of Rothschild & Co. He was first appointed Chairman of Rothschild & Co. Gestion, the Managing Partner of Rothschild & Co, in 2012, before leaving that post in May 2018 to become Chairman of the Supervisory Board of Rothschild & Co.

Eric de Rothschild, the current Vice-Chairman of Rothschild & Co, was previously appointed on 8 June 2012 as Chairman of the Supervisory Board, a position he held since 2004;” and “along with David de Rothschild, he was the main driving force in bringing together the English and French branches of the Rothschild family, and holds several other duties and positions within the Group and the family's wine-making companies,” according to the Rothschild & Co. website. In addition Rothschild & Co. Vice-Chairman Eric de Rothschild is also a member of the Board of Directors and General Manager of Rothschild Concordia SAS.

Another member of the Rothschild & Co. board of directors, Anthony de Rothschild, “over the last fifteen years” has “focused on developing a broad portfolio of investments, including music, fashion and retail companies,” according to the Rothschild & Co. website. And yet another Rothschild family member of the Rothschild & Co. board of directors, Arielle Malard de Rothschild, has also been a Managing Director at Rothschild & Cie SCS since 2006.

In addition, Rothschild & Co. board member Arielle Malard de Rothschild is also currently a “member of the Board of Directors of Groupe Lucien Barrière (France) and Imerys (France), ” Chairwoman of CARE France and Vice-Chairwoman of CARE International (Switzerland),” and a “member of the Board of Directors, Nomination and Remuneration Committee and Audit and Risk Committee of Electrica SA,” according to the same website.

Besides including Rothschild Dynasty family members (who possessed 62.7 percent of the Rothschild & Co.’s shareholders’ voting rights power and owned a 49.7 percent share of Rothschild & Co. stock as of December 31, 2019), the Rothschild & Co. board of directors also includes some rich folks who aren't members of the Rothschild Dynasty's family, like the following types of rich folks:

1. A Vice-Chairwoman who is also a CEO and Director of Bankque Martin Maurel, Hopital Saint-Joseph Foundation Director and a Vice-Chairwoman of the Association Francaise des Banques;

2.  A second Vice-Chairman who is also a Chairman of Matheson & Co. and a Director of Dairy Farm, Hongkong Land, Jardine Matheson, Jardine Strategic, Mandarin Oriental, Ferrari NV and Yabuli China Entrepreneurs Forum;

3. A Managing Partner of Hombuger AG and a Director of dorma+korba Holding AG;

4. A Senior Advisor of Bain Consulting and Operating Partner of Advent International, a board member of Memo Bank and the Chairman of the Board of Dexia;

5.  A Senior Partner of Morgan Lewis Stamford LLc and member of the Boards of Directors of Axa and Sanofi;

6. A Director of Eutelsat Communications, Sanofi (France and Naxos UK Ltd. (United Kingdom);

7. The Chairwoman of Todini Construction Generali SpA, Todini Finanziaria SpA, and Comitato Leonardo and a member of the Board of Salini Costruttori SpA; and

8.  A member of the Board of Directors of Valeo.

According to its website, in the 21st-century the Rothschild Dynasty’s Rothschild & Co. is also “able to provide a highly informed perspective on the Israel market to our clients, through our fully-staffed office in Tel Aviv and supported by the expertise and connections of our senior staff” and it shares “this insight with Israeli companies on domestic and cross-border M&A and equity transactions...” In addition, according to its website, the Rothschild & Co. leverages its “ global network to advise international clients looking to invest in the country.”

Rothschild Dynasty's Rothschild & Co. business office in Tel Aviv
(end of part 9)

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