Jeffrey J. Rothschild

{{short description|American billionaire (born 1954)}}

{{Use mdy dates|date=August 2023}}

{{Infobox person

| name = Jeffrey J. Rothschild

| birth_name = Jeffrey Jackiel Rothschild

| birth_date = February 28, 1954

| birth_place =

| known_for = Founding engineer, Facebook

| education = Vanderbilt University (BS, MS)

| employer =

| occupation = Businessman

| title =

| term =

| predecessor =

| successor =

| boards =

| spouse = Marieke Rothschild

| children = 3

| parents =

| relatives =

}}

Jeffrey Jackiel Rothschild (born February 28, 1954) is an American billionaire businessman who co-founded several companies. He is the founding engineer and a large shareholder of Facebook.

Early life

Rothschild is the son of Beverley and William B. Rothschild.[http://www.legacy.com/obituaries/nytimes/obituary.aspx?pid=176715205 New York Times: "WILLIAM ROTHSCHILD Obituary"] December 1, 2015 His father was president of M. Rothschild & Company, an importer of commodities from South East Asia founded by his grandfather, Marcus Rothschild. He received bachelor's and master's degrees from Vanderbilt University in 1977 and 1979, respectively.[http://engineering.vanderbilt.edu/news/2014/engineering-alumnus-elected-to-vanderbilt%E2%80%99s-board-of-trust/ Engineering alumnus elected to Vanderbilt’s Board of Trust], Vanderbilt University School of Engineering, May 1, 2014[https://www.bloomberg.com/research/stocks/private/person.asp?personId=1182032&privcapId=18561&previousCapId=244285612&previousTitle=Interana,%20Inc. Jeffrey J. Rothschild], Bloomberg Business He is of Jewish descent.{{Cite web|first= |last= |authorlink= |title= The World's Jewish Billionaires |website=Forbes Israel|date=February 2, 2023 |url= https://forbes.co.il/e/rankings/2022-jewish-billionaires/ |accessdate=}} He is not a member of the Rothschild banking family.{{cite news |last1=Mac |first1=Ryan |title=Meet New Billionaire Jeff Rothschild, The Engineer Who Saved Facebook From Crashing |url=https://www.forbes.com/sites/ryanmac/2014/02/28/meet-jeff-rothschild-the-hidden-facebook-billionaire-old-enough-to-be-zuckerbergs-dad/ |access-date=7 March 2024|quote=Rothschild, who has no relation to the wealthy banking family of the same name, was known at the time for his deep knowledge of backend systems and technology that helped power websites. |work=Forbes |date=February 28, 2014}}

Career

Rothschild worked as an engineer at Honeywell and Intel, and then for a consulting firm that worked on projects such as Locus Computing Corporation.

Rothschild co-founded Veritas Software in 1988. He co-founded Mpath Interactive in 1995, which became a public company in 1999.

Rothschild is listed as co-inventor on several MPath patents.{{Cite web |title= Server-group messaging system for interactive applications |work= US Patent US6018766 A |date= July 18, 1997 |author1=Daniel Joseph Samuel |author2=Marc Peter Kwiatkowski |author3=Jeffrey Jackiel Rothschild |url= https://patents.google.com/patent/US6018766 |access-date= November 2, 2016 }}{{Cite web |title= Online gaming architecture |work= US Patent US 6152824 A |date= March 6, 1997 |author= Jeffrey Jackiel Rothschild |url= https://patents.google.com/patent/US6152824 |access-date= November 2, 2016 |display-authors=etal}} In 1999 he became an advisor and venture partner at the venture capital firm Accel Partners.{{Cite web |title= Jeff Rothschild |work= Team profile |publisher= Accel Partners |url= http://www.accel.com/team/jeff-rothschild |accessdate= November 2, 2016 }}

In 2003, Rothschild co-founded Mendocino Software, with fellow former-Veritas executives Peter Levine and Steve Colman.{{Cite web |title= Form D: Notice of Sale of Securities |date= June 24, 2004 |url= https://www.sec.gov/Archives/edgar/vprr/0403/04033424.pdf |accessdate= November 2, 2016 }}{{Cite web |title= Mendocino Software raises $15 million |date= March 30, 2004 |work= San Francisco Business Times |url= http://www.bizjournals.com/eastbay/stories/2004/03/29/daily15.html |accessdate= November 2, 2016 }} Mendocino shut down quietly by March 2008.{{Cite web |title= "No Comment" from HP; No Callback From Mendocino Software |date= February 11, 2008 |author= Jerome M. Wendt |work= DCIG blog |url= https://www.dcig.com/2008/02/no-comment-from-hp-no-callback-from-mendocino.html |accessdate= November 2, 2016 }}{{Cite web |title= Mendocino Software, R.I.P. |date= February 11, 2008 |author= Dave Raffo |work= Search Storage |url= http://searchstorage.techtarget.com/blog/Storage-Soup/Mendocino-Software-RIP |accessdate= November 2, 2016 }}

Rothschild started working for Facebook in 2005. He was the oldest person working for Facebook at the time. He became Facebook's vice president of infrastructure software. In 2012, he owned 18 million Facebook shares.

Other activities

Rothschild serves as the vice chair of the board of trustees of his alma mater, Vanderbilt University.{{cite news|title=Vanderbilt taps board chair, vice chair|url=http://www.nashvillepost.com/business/people/article/20554050/vanderbilt-taps-board-chair-vice-chair|accessdate=August 27, 2017|work=The Nashville Post|date=April 22, 2016}}[http://www.vanderbilt.edu/boardoftrust/members.php Vanderbilt University Board of Trust: Members] With his wife, he endowed two scholarships in the School of Engineering and the College of Arts and Science in 2013, and he donated $20 million for the construction of two new buildings on campus, Vanderbilt Hall and Barnard Hall, in December 2016.{{cite news|last1=Tamburin|first1=Adam|title=Former Facebook exec donates $20 million to Vanderbilt|url=http://www.tennessean.com/story/news/education/2016/12/29/former-facebook-exec-donates-20-million-vanderbilt/95695166/|accessdate=March 7, 2017|work=The Tennessean|date=December 29, 2016}}

Personal life

Rothschild and his wife Marieke have three children, and live in Palo Alto, California. According to Forbes, Rothschild is worth about $2.9 billion as of May 2022.{{cite web|title=Forbes Profile: Jeff Rothschild|url=https://www.forbes.com/profile/jeff-rothschild/|website=Forbes|accessdate=20 May 2022}}

References