When you think of wealthy families, the name Rothschild is probably one of the first that springs to mind.
Whether you call it a dynasty or an empire, the Rothschild legacy is impossible to miss. Now entering its seventh generation, the Rothschild banking dynasty was founded by Mayer Amschel Rothschild, a German Jew who began his career in a Frankfurt banking house and began compiling his fortune during the height of the Napoleonic Wars between 1792 and 1815. Together with his five sons, Mayer established bank offices and branches in London in 1804, Paris in 1811, and Vienna & Naples in the 1820s.
The Rothschild family is one of the richest of all-time.
However, in the early 20th century, the Nazis seized the Rothschild Austrian banking house. Nonetheless, the family had spent time expanding its operations to include government securities and industrial companies, including railway, coal, ironworking, oil, and metallurgical investments.
When Mayer's five sons were made barons of the Austrian Empire, a Rothschild became the first Jew to enter the British Parliament, and another was the first to be elevated to the British peerage.
French and British Rothschild family members became known for their work as scientists and philanthropists. Baron Philippe de Rothschild (1902–88) became a premier winemaker of the vineyard Mouton-Rothschild. The Rothschild wine business is still successful to this day, with the Château Lafite-Rothschild 2005 Pauillac now retailing for almost $1,050 a bottle.
Renowned also for their philanthropic efforts, the Rothschilds have donated vast amounts of money to Jewish charities, helping develop areas throughout Israel and establishing the Open University in Israel.
Today, the family empire is divided between direct descendants and outside shareholders, which is why – according to the Financial Times – it's difficult to tell how wealthy the actual family is. The Rothschild core global banking and private equity businesses are held by Concordia BV. First owned in equal shares by the English and French families, the company is now controlled by Paris Orléans.
As for specific members of the modern family, Sir Evelyn De Rothschild the British financier has a net worth of $20 billion. Jacob Rothschild another British investment banker has a net worth of $50 billion. As a modern day an empire, the family's total net worth and assets combined have been pegged in the $300 – $400 billion range.
http://www.celebritynetworth.com/articles/entertainment-articles/how-rich-is-the-rothschild-family/
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I was wondering what their net worth is. According to Forbes it's just $1.5 billion in total (for the whole family). Even though it is said that they were estimated to be worth $6 billion in 1850. I would find it hard to believe that such shrewd business family would lose such an incredible amount of value during the last century and a half. It's even rumoured that around the 1850's that they owned half of the world finance. But I don't know if that is confirmed financially.
Btw... 1 dollar now is worth (has the buying power of) about what 4 cents was worth in 1913, due to inflation over the last century according to republican congressman Ron Paul. So $6 billion in 1913 would be equivalent to more than $150 billion today.
And according to the website I linked above, $6 billion in 1913 would be equivalent to $1.9 trillion today!!
There are even rumors that they're worth $100 trillion!!!. Now what is real???
What are they really worth??? According to Forbes the richest man in the world is Bill Gates, and the Richest family is the Walton family. The Rotschilds are somewhere down the line, but in the top 100 though.. Well if that's true, then they've lost at least 98% of their fortune since 1850. Now I find that hard to believe.
http://www.abovetopsecret.com/forum/thread211313/pg1
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How Much Money Do The Rothschilds Have?
March 16, 2012 at 2:04 am
Posted by Alcibiades Bilzerian
Rothschild Family Coat of Arms
For more than 200 years the Rothschild family has kept their banks in family hands, out of the general view of the public, in an effort to conceal their vast wealth. The Rothschilds have taken advantage of tax-free jurisdictions and have purposefully established their banks in countries with strict banking secrecy laws like Monaco, Luxembourg, and Switzerland.
The Rothschild dynasty first began to acquire prominence around the mid 1700′s. The first major patriarch of the family, Mayar Amschel Rothschild, sent his 5 sons to strategic banking centers throughout Europe. Nathan Rothschild went to London, Jabob to Paris, Salomon to Vienna, Asmchel (Jr.) to Frankfurt, and Calmann Rothschild to Naples.
From 1813-1815 Nathan Rothschild almost single handedly financed the British war effort while his brothers financed the French war effort. In one year of the war, 1815, Nathan Rothschild provided the British government with nearly 10 million pounds, which is equivalent to 6.5 billion pounds today.
Since the Rothschilds were playing both sides of the warring parties, they were the only ones who could get through both sides of the blockades quickly. Their network of banks provided news of major battles to Nathan Rothschild in London before even the British government received it. The Rothschilds traded on this inside information on the London stock exchange, making vast fortunes in the process. After the final battle of Waterloo, Nathan Rothschild received news that the British were victorious and promptly started to sell British government treasuries. The market knew by this point that Nathan was getting information before anyone one else and therefore assumed the British had lost the battle and started selling their British government bonds. Once the price had crashed, Nathan used his agents to secretly buy up nearly the entirety of the British government debt. Using large amounts of leverage, Nathan Rothschild made many multiples of his money on this one trade.
After the war, Nathan Rothschild bragged of turning his 20k pound fortune into 50 million pounds in only 17 years. In 1820, 50 million pounds would be equivalent to 32 billion pounds today. It was at this point that Nathan Rothschild so famously said, “I care not what puppet is placed upon the throne of England to rule the empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.”
In 1850, Jacob Rothschild’s recorded net worth was 600 million francs, which was significantly more than all the other French bankers combined. In today’s US dollars that would be equivalent to $11.4 billion. James and Nathan Rothschild became two of the riches men in the world in only a few decades. With this vast wealth they built or bought 41 massive mansions and palaces across Europe. The video below (at 2:22) shows just a fraction of their real estate holdings.
In 1840, the Rothschild family became the Bank of England’s bullion brokers.
In 1844, Salomon Rothschild purchased the United Coal Mines of Vitkovice and Austro-Hungarian Blast Furnace Company which went on to become one of the top ten global industrial companies.
In 1845, the Rothschild family was granted exclusive access to build a rail transport company across much of France. The company was called Chemin de Fer du Nord.
In 1871, the Rothschild family raised 5 billion francs so the French government could pay reparations to Prussia. This sum would be equivalent to $95 billion today.
In 1880, the Rothschild family took control of Rio Tinto, ending up with a 30% stake. Rio Tinto is now the 4th largest mining company in the world. In the same year, the Rothschilds founded Imerys, which is currently a world leader in industrial metals mining.
In 1890, the Rothschild family founded the mining company Eramet, which is currently a multi-billion dollar company listed on the Euronext Paris stock exchange.
Kuhn and Loeb, which received financing from the Rothschilds, financed Standard Oil, various profitable railroad projects, and Carnegie’s steel empire. The European Rothschild dynasty also had close financial ties to multiple leading American banks including J.P. Morgan.
In 1886, the French Rothschild bank acquired significant Russian oil fields and formed the Caspian and Black Sea Petroleum Company, which became the world’s second largest oil producer. They sold their interest to Royal Dutch Shell in 1911 for an undisclosed amount.
In 1887, the Rothschild family financed and invested in the Kimberly diamond mines in South Africa, which became De Beers. The Rothschilds were the largest shareholders.
To this day the Rothschild family own and operate some of the largest and most profitable investment banks around the world.
During the first 17 years of his career, Nathan Rothschild’s annual rate of return was 81.4%, while Jacob’s annual rate of return from 1812-1868 was 14%.
Based on historical records and financial calculations it is possible to provide a rough estimate of their wealth today. The following estimate of the Rothschild family fortune will be based on an annual rate of return of 5%, which is extremely conservative given their past track record of using power, political connections, and inside information to make incredibly high annual returns. When the extremely profitable investments listed above are factored in, it is a certainty that they were able to achieve such a modest return.
In 1817, Nathan Rothschild bragged of having 50 million pounds. At a 5% annual rate of return that would equate to roughly 500 billion pounds today. In 1850, Jacob Rothschild was worth 600 million francs. At a 5% annual return that would equate to 860 billion francs, which would have been converted to Euros in 2001 at a 6.56 to 1 ratio, equalling €130 billion. By 2012, that fortune would total €224 billion.
Read More - http://thebilzerianreport.com/how-much-money-do-the-rothschilds-have/
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