Jacob Rothschild Feared Dead After Helicopter & Plane Crash Into His Estate
Plane crash explodes on Rothschild estate in Buckinghamshire
Jacob Rothschild and at least four other people are feared dead after a plane and helicopter crashed in his estate in Buckinghamshire this afternoon
The wreckage from the aircraft is believed to have fallen from the sky following reports from locals who said they heard a loud bang after midday.
A local resident told MailOnline: "My father heard a loud bang. My mother said a man, who I think was someone who had been out walking nearby, then went running up to the manor to say there had been a crash.
"It didn't happen directly over the grounds, but in woodland nearby. My father ran up to the scene. Everyone is helping the emergency services.'
Both aircraft involved had taken off from Wycombe Air Park, near High Wycombe, and were flying at low altitude."
It is not yet known is Jacob Rothschild was in the estate at the time of the crash or whether he survived the incident.
At least seven fire engines are now attending the scene searching for survivors.
The Daily Mail reports: Staff from the Waddesdon Estate, which is managed by a foundation set up by the eminent Rothschild family, helped direct emergency vehicles to the scene of the tragedy as police threw up a massive cordon around the area to preserve the scene.
The grand country manor house, which was used in the filming of The Crown and The Queen starring Helen Mirren, is understood to have been hosting a Christmas Market at the time of the crash.
Staff from the Air Accident Investigation Branch were also drafted into the area to begin an inquiry into what led to the mid-air collision.
Sources said that it was believed there were multiple casualties, believed to be fatalities.
A spokesman for Thames Valley Police said: 'Officers are currently at the scene of an air accident near the village of Waddesdon near Aylesbury.
'The Air Accidents Investigation Branch has been informed, and the staff is en-route to the scene. Fire and ambulance services are also in attendance and preservation of life is the first priority.
'In consequence of this incident, it is expected that there will be some disruption to the road network around Waddesdon for the rest of the day.
I hear either a Rothschild was in the air or a very close family friend. https://t.co/82d7rkLn4R— J.Shackleton (@Shackviral) November 17, 2017
"The manor is owned by the National Trust and managed by the Rothschild Foundation chaired by Jacob Rothschild, 4th Baron Rothschild." #followthewhiterabbit What are the chances? https://t.co/WkjcFS8XiC— LibertyPhoenix1776👌 (@bravehearttexas) November 17, 2017
A spokesman for the AAIB said: 'The Air Accidents Investigation Branch is sending a team to investigate a mid-air collision involving an aircraft and a helicopter near Aylesbury.'
The house was built between 1874 and 1889 in the Neo-Renaissance style of a French château for Baron Ferdinand de Rothschild as a weekend residence.
The Rothschilds are a wealthy family descending from Mayer Amschel Rothschild, who established his banking business in Frankfurt in 1760
The family possessed the largest private fortune in the world during the 19th century and the largest private fortune in modern history.
Since then the family's wealth has been divided among various descendants and today they have interests in a diverse range of fields, including finance, property, mining, energy, wine-making, and non-profits.
The last time Waddesdon Manor was owned by a member of the family was in 1957, when it belonged to James de Rothschild.
He bequeathed the house and its contents to the National Trust and today it is managed by the Rothschild Foundation chaired by Jacob Rothschild, 4th Baron Rothschild.
With 390,000 visitors annually, Waddesdon Manor in one of the Trust's most visited properties.
It has featured in several films and TV shows, including The Queen, which starred Helen Mirren, Downton Abbey, where it stood in for the exterior of the fictional Haxby Park and The Crown, the biographical TV series about Queen Elizabeth II.