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In 1987, Rothschild joined the family banking firm, N M Rothschild & Sons.
Among his car collection was an AC Cobra Daytona sports car, a 1957 Maserati 250F Formula I, and a 1958 BRM P25 Formula I.
His half-brother was Jacob Rothschild, 4th Baron Rothschild.
His maternal grandfather, Robert John Grote Mayor, was the brother of English novelist F. Mayor and a greatnephew of philosopher and clergyman John Grote.
His maternal grandmother, Katherine Beatrice Meinertzhagen, of English and German descent, was the sister of soldier Richard Meinertzhagen and the niece of author Beatrice Webb.
He attended King's College School, Cambridge and was then educated at The Leys School.