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Lynn Forester de Rothschild

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Lynn Forester de Rothschild

Lynn Forester de Rothschild
Born 1954 (age 59–60)
New Jersey
Nationality British, American,
Alma mater Pomona College
Occupation CEO, E.L. Rothschild
Religion Jewish

Lynn Forester, Lady de Rothschild (born Lynn Forester; July 2, 1954) is the chief executive officer of E.L. Rothschild, a holding company she owns with her third husband, Sir Evelyn Robert de Rothschild, a member of the Rothschild family.[1] The company manages investments in The Economist Group, owner of The Economist magazine, Congressional Quarterly and the Economist Intelligence Unit, Weather Central, LP, the world's largest provider of weather software and data to the broadcast industry, as well as real estate, agricultural and food interests.[2] By virtue of her marriage to a knight, she is known socially as Lady de Rothschild.

Life and career

Born in Simpson Thacher & Bartlett law firm.

Lynn Forester de Rothschild has stated that her first business success came at the age of 16 when she bought US made blue jeans and brought them to sell in Israel during her vacation there and sold them for up to ten times what they had originally cost her.

After meeting telecommunications billionaire John Kluge while doing legal work for him as a law firm associate, she became Executive Vice President for Development at Metromedia Inc from 1984-1989. From 1989 to 2002, Lynn Forester de Rothschild owned and operated various telecommunication companies worldwide that revolutionized the broadband and wireless industries. From 1989 to 1995, Lady de Rothschild was the majority shareholder, Chairman and CEO, of TPI Communications International, Inc., one of the largest providers of paging, wireless data and cellular telephone service in Latin America, owned with Motorola. While under her management, TPI tripled its size and per-customer revenues, and cash flow grew to three times the U.S. average. In addition, she expanded operations from Puerto Rico into Latin America. TPI was sold in a private transaction for an undisclosed sum in the mid-90s.

In 1995, Lady de Rothschild pioneered the broadband wireless industry when she founded FirstMark Communications Inc, in the United States. In 1997, she sold her US interests in order to focus on international opportunities. In 1998, she founded FirstMark Communications of Europe, with the mission of building a pan-European broadband Internet company. Having secured licenses in Germany, France, Spain, Switzerland, Luxembourg and Finland and built a 20,000 klm fiber network in 15 countries, she sold the company in June 2000, in the largest private equity placement in the history of the European competitive telecommunications sector.Boasted on its Board of Directors Nathan Myhrvold of Microsoft, Washington D.C. power broker Vernon Jordan and Henry Kissinger. The company was sold in June 2000 in a $1 billion financing, the largest private equity placement in the history of the European competitive telecommunications sector. In discussing her personal business success between 1989 and 2000, Forester has said: "I think a lot of it is that I was lucky...most of all I learned that it's better to be lucky than to be smart."

Lady de Rothschild serves on the Board of Directors of Christies International. Previously, she served on the Boards of Directors of Gulfstream Aerospace Corporation and General Instruments, Inc.

Personal life

Forester's first marriage, to Alexander Hartley Platt, a doctor's son from New Jersey, took place at Brick Presbyterian Church on May 20, 1978.[4]

Her second husband was[5] Andrew Stein, a New York politician and son of a multi-millionaire businessman, Jerry Finkelstein. Stein is nine years older than Forester and was Manhattan Borough President at the time of their marriage. They wed on March 12, 1983,[6] and had two children, Ben and Jake. They were divorced in 1993.[7]

Lynn Forester de Rothschild was introduced to Sir Evelyn de Rothschild by Henry Kissinger at the 1998 Bilderberg Group conference in Scotland,[8] and they married on November 30, 2000 in London, England, after Rothschild (almost 23 years older than Forester) had left his wife and three children.[1] She is his third wife.[1] On the announcement of the marriage, the de Rothschild couple were invited to spend their honeymoon at the White House.[9] The couple splits their time between New York and London. In response to a reporter's question about her wealth, Forester said, “Is that said about me? I hope not. I mean, I’m just who I am. I don’t think being rich is that important. I think not being boring is really important.”

Politics

Lynn Forester de Rothschild was a major fund raiser for Hillary Rodham Clinton's 2008 Presidential bid and has received attention for endorsing John McCain for President. On June 22, 2011, she hosted a fundraiser for Jon Huntsman, Jr.'s presidential campaign.[10]

From 1993–1995, she served on President Bill Clinton's National Information Infrastructure Advisory Council. From 1998-2000, Lynn Forester de Rothschild served on the US Secretary of Energy’s Advisory Committee.

Lynn Forester de Rothschild is actively involved in policy issues and social issues, including micro-finance and women's rights. the philanthropic sector. In 2006, she was appointed as a member of the 'Towards a More Inclusive Capitalism'.

References

External links

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