History of the Rothschild family

Updated on history 2024-03-23
10 answers
  1. Anonymous users2024-02-07

    The rise of the Rothschilds was not all smooth sailing in the first place. Mayer Rothschild, who is now considered the founder of the family, was the first to engage in the business of buying and selling money.

    Due to the proliferation of German principalities in the late 18th century (350), each with its own monetary system, Meyer's occupation was almost equivalent to foreign currency exchange. After returning from a well-known family bank in Hanover, Germany, he started his own business in Frankfurt, not only engaged in the trading of ancient coins and antiques, but also engaged in the exchange of **** and banknotes, as if he became a banker.

    In 1818, Nathan successfully provided Prussia** with a loan of £5 million, opening up a new avenue for international lending. In addition to raising funds through bond issuances to the world, the Rothschilds earned money throughout the 19th century by managing their finances by royalty, politicians, trading money and money, and investing in industry and mining.

    At the time of his death in 1836, Nathan was the richest man in England and almost the richest in the world, according to Yousse Cassis and others. Counting Nathan's brothers, the Rothschilds were indeed on top of the world at that time, with £6 million in assets.

    By 1852, the Rothschild family's fortunes had reached £9.53 million. And Nathan's descendants were no slouch, and in the 1870s, Nathan's four sons inherited a total of £8.4 million, more than any other family in Britain at the same time.

    In 1836-1837, during the financial crisis in the United States, the Rothschilds replaced the Bahrain brothers as the leading men of American banks in Europe. James Rothschild was enthusiastic, and the Rothschilds accepted state bonds from New York and other states through the Bank of America, unaware that the Bank of America was in jeopardy at the time, and as a result, the Bank of America went bankrupt in 1841.

    The affair made a bad impression on the Rothschilds, and James hoped with chagrin"Never set foot in the United States"。In the first decades of the 20th century, the Rothschilds' investments suffered several catastrophes. In World War I, the Rothschilds were devastated, despite the huge need for wartime financing.

    The initial German advance threatened Paris, France, forcing the Paris Stock Exchange, the Banque de France, and the Rothschilds in Paris to move to Bordeaux, France, which severely affected the Rothschilds' business. What's worse is that the Allies relied on the New York Financial Center (with Morgan as the core) for wartime financing, and the Rothschilds never set up a branch there.

    Moreover, after generations of reproduction, the descendants of Nathan Rothschild have lost their entrepreneurial spirit and are embarrassed to face London's fierce competitors, let alone their ancestors. After the end of the war, the Rothschilds essentially gave up the leading role of European financing.

  2. Anonymous users2024-02-06

    After they took control of these great powers, the rulers sensed the crisis and assassinated all their family members, and the Rothschilds began to decline.

  3. Anonymous users2024-02-05

    Marriage between close relatives leads to the decay of offspring.

  4. Anonymous users2024-02-04

    This family is unlikely to decay now or in the future, it involves too much, it is too powerful, no one can compare, the world's finance is closely connected with this family, how can it decay.

  5. Anonymous users2024-02-03

    The first is war, and then communism...

  6. Anonymous users2024-02-02

    exists, the current head of the house, David Rothschild, has also been interviewed by Chinese TV (he just wants to refute the rumors, the currency war has made a big deal out of him) As for whether they are still calling for wind and rain now, we do not know, because although they are very low-key, there is no evidence of their decline, and it may be controlled behind the scenes.

  7. Anonymous users2024-02-01

    exists, the assets of that family are unimaginably huge, and it is recommended that you take a look at the secret history of this family, the Rothschilds, which is said in "The Sixth Reich".

  8. Anonymous users2024-01-31

    See it in the web**.

    Actually, it's not called Rothschild, it's called Rothschild.

    Rothschild may have had the ability to call the tide in the 19th century, but it is now in decline.

    The current state of the Rothschilds.

    The current business of the Rothschild Banking Group is mainly mergers and acquisitions, that is, helping large enterprises to acquire and merge with other enterprises, or to restructure their asset structure. Rothschild's M&A and restructuring business is mainly in Europe, and it can be ranked 13th in the world M&A ranking in 2006.

    Currently, Rothschild has an office in Asia, Hong Kong, but the official name of this office is "ABN AMRO-Rothschild" because its business in Asia is controlled by ABN AMRO and has little say in itself. Even some personnel rights are in charge of ABN AMRO.

    The Rothschild family is currently very small, the Rothschild banking group has a turnover of less than $10 billion a year and a profit of less than $3 billion, and it is estimated that its total capital will not exceed $30 billion, less than a fraction of the large European and American banks. First of all, this is because the Rothschilds made a strategic error in 1865 and decided that the American economy would not develop significantly, so they abolished all its branches in the United States. This was a fatal mistake that led directly to the rise of the Morgan family.

    Secondly, the Rothschilds suffered heavy losses in World War I and II. Many of its assets in Germany, France, and Italy were destroyed, with offices in France even nationalized after the end of World War II. As a Jewish family, Rothschild suffered a heavy blow under Nazi rule, and although there was basically no loss of British headquarters, the power of the missing family in continental Europe was basically eliminated.

    During the Cold War, many of the Rothschilds' assets in Eastern Europe were taken over by the Soviet Union, and as a result, it is conceivable that these assets will not be returned.

    Third, Rothschild's insistence on the family business also hindered its continued development. Beginning in the 1960s, large banks in Europe and the United States went public one after another, raising a large amount of money. Rothschild, on the other hand, still developed with its own funds, which was slow and gradually fell behind.

    The history of the Rothschild's prosperity long ago ended at the end of the 19th century, and today's Rothschild is only an investment bank ranked in the world's top 10 to 20 years. The alarmist rhetoric of "Currency Wars" is not at all evidence.

  9. Anonymous users2024-01-30

    Controls one-third of the wealth of the planet. The vast majority of **. Wealth is incalculable. It can make the currency of any country in Europe and the United States worth a penny overnight.

  10. Anonymous users2024-01-29

    How much wealth did the Rothschild family really have? It's a mystery of the world. A conservative estimate is $30 trillion!

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