The House of Rothchild

The House of Rothchild

Said to be the richest family in the World. Find out how the Rothchilds made their money over the last 100 years and how they came to have the largest percentage of the Worlds wealth!

 

The Rothschild family (play /ˈrɒθs.tʃaɪld/, German: [ˈʁoːt.ʃɪlt], French: [ʁɔt.ʃild], Italian: [ˈrɔtʃild]), known as the House of Rothschild,[1] or more simply as the Rothschilds, is a European banking dynasty, of German-Jewish origin, that established European banking and finance houses starting in the late 18th century. Five lines of the Austrian branch of the family have been elevated to Austrian nobility, being given hereditary baronies of the Habsburg Empire by Emperor Francis II in 1816. Another line, of the British branch of the family, was elevated to British nobility at the request of Queen Victoria.[2][3] During the 1800s, when it was at its height, the family is believed to have possessed by far the largest private fortune in the world as well as by far the largest fortune in modern world history.[3][4][5] The family’s wealth is believed to have subsequently declined, as it was divided amongst hundreds of descendants.[6] Today, Rothschild businesses encompass a diverse range of fields, including: private asset management, mixed farming, wine, and charities.[7][8]

Added on: August 17th, 2012

Category: BIOGRAPHY, CORPORATE, DOCS, MONEY

 
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