Career
In July 2003, Édouard de Rothschild was made head of Rothschild & Cie Banque, the Paris based bank he founded in 1987 with his half-brother David René de Rothschild and cousin Eric de Rothschild. He stepped down in June 2004 saying he would remain involved as the non-executive chairman of the bank's supervisory board while taking on projects unrelated to finance. Until May 2005, he was a member of the Supervisory Board at Imerys S.A., a company the family had been a majority or significant shareholder in since 1880.
In January 2005, Édouard de Rothschild invested €20 million for a 37% majority shareholding in the French newspaper Libération. The left-wing daily was founded by philosopher Jean-Paul Sartre and Maoist militant journalist Serge July in 1973 but in recent years has sustained substantial losses.
He owns a share of the Château Lafite vineyard.
Read more about this topic: Edouard Etienne De Rothschild
Famous quotes containing the word career:
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