The Rothschild family is one of the wealthiest families in the world. During the 19th century, the Rothschild family possessed the largest private fortune in the world, as well as the largest private fortune in modern world history.
Rothschild Family Tree
The Rothschilds are a prominent family, originally from Germany, that established banking and finance houses in Europe beginning in the 18th century.
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The original patriarch Mayer Rothschild was a favoured assistant and finance manager of the German royal family who leveraged his position in court to develop a banking business for the German aristocracy.
When his five sons reached adulthood, they were stationed in Frankfurt, London, Naples, Paris and Vienna to manage local banking affairs. From there, a multi-century financial empire flourished.
The banking conglomerate has been one of the largest fortunes in modern history and coming from the bullion trade, the family has coordinated to develop a huge network through gold transportation in early years. The same provided them with several political and financial details, which always kept them ahead of their competitors.
Rothschilds Business Empire
Considered to possess the largest private fortune in the world, the Rothschild family wealth has been divided amongst hundreds of their descendants, yet stands at a staggering $700 trillion today. With business focusing mainly on the banking sector, they also encompass several other fields like real estate, wine, art and charity that has been building their money-empire.
The Rothschild family was the first to get addressed about the British victory against Napoleon and their bonds with the British government saw a great rise in their property. They control a huge part of the world’s business and have been rumoured to have deep connections in encouraging international wars to favour their business and trade.
Had Britain lost the war, the Rothschild’s wealth would not have stood as it is now; all thanks to the soldiers who stood by the country flag and fought through the biggest wars in history. The Rothschild banking empire was said to have also benefited tremendously from the French Revolution.
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During the war, the Austrian army contracted Rothschild to supply it with a range of items, including wheat, uniforms, horses, and equipment; monetary transactions were also facilitated for Hessian mercenary soldiers.
Around that time, Rothschild sent his five sons to live in the capital cities of various European countries. His goal was to have each of his children establish a banking business in Frankfurt, Naples, Vienna, Paris, and London, and throughout the 1800s, he did achieve that.
With Mayer Rothschild’s children spread across Europe, the Rothschilds became the first bank to transcend borders. Lending to governments to finance war operations for the past several centuries provided ample opportunity to accumulate bonds and shore up additional wealth in a range of different industries. Today, the banking business is scattered all over Europe with several branches in London, Paris, Viena, Naples and Frankfurt.
The family also owns more than a dozen wineries in North America, South America, South Africa and Australia. Most family members are employed by these corporations directly or invested in operations that generate family wealth. The remarkable success of the family has largely been due to a strong interest in cooperation, being entrepreneurs and the practice of smart business principles.
The estate of Nathan Rothschild was intimately tied to the other fortunes of the family and became part of the collective wealth each Rothschild passed to the next generation. Rothschild descendants continue to finance global business operations and contribute to scholarly, humanitarian and business endeavours.
Rothschild Family Financials
Rothschild’s wealth has never been on a public display as they have always kept a low-key profile and said little about their fortunes through generous charity donations they’ve been making.
Due to their relatively low profiles and private business activities, the Rothschilds have captured the imagination of financial historians and conspiracy theorists alike. It is difficult to track and verify their various holdings among so many descendants, but they are still fabulously wealthy.
With James Rothschild marrying Nicky Hilton in 2015, the family is sure to continue with their heir at the helm. The family motto is Concordia Integritas Industria, meaning “Harmony, Integrity, Industry.”
According to Investopedia, Rothschild family are worth $2 trillion in assets and holdings. Their holdings span a number of diverse industries, including financial services, real estate, mining, energy and even charitable work.
There are a few Rothschild-owned financial institutions still operating in Europe, including N M Rothschild & Sons Ltd in the United Kingdom, and Edmond de Rothschild Group in Switzerland. The Annual revenue for Rothschild & Co. in the 2016 fiscal year was €1,589 million.