Geoffrey Levy - 23 February 2013

Over a lingering lunch with a friend in the City of London some years ago, Baron David de Rothschild, the French head of the global Rothschild banking dynasty, was asked if he saw his thrusting young British cousin, Nat Rothschild, as his possible successor.

The baron, a stylish figure of the old school, thought for a moment as he sipped a good vintage from the family vineyard, then replied intriguingly: ‘Well, he’s the person of this [Rothschild] generation who seems to be most comfortable in the world of high finance.’

Today, for Nat Rothschild, that glittering prize of one day becoming the family patriarch has surely disappeared for ever.

His high-flying reputation has taken a humiliating nosedive as major City players who banked on his golden-boy reputation and his illustrious family name have turned against him. He also has to face the damning prospect that cousin David, the same man who had once talked so highly of him, may have had a hand in his downfall.

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Tags: Rothschilds

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