Rothschild scion takes banking dynasty crown

Alexandre de Rothschild will become the seventh generation of the dynasty to take charge of the Franco-British investment bank, which was founded in 1838. The young Rothschild currently serves as executive deputy chairman at the bank.

He first joined Rothschild during the 2008 financial crisis, shifting from the position of a manager at private equity firm, Argan Capital. Before that, he briefly worked for the Bear Sterns, a New York lender that collapsed during the crisis.