There are a lot of rich families in the world and one of them is called The Rothschilds. Have you ever heard about this family? How much do you think their family net worth? By reading the whole post, you will be able to find out about the net worth of this family.
Summary:
- Founder: Mayer Amschel Rothschild
- Founded: 1760s (1577)
- Places of Origin: Frankfurter Judengasse, Free City of Frankfurt, Holy Roman Empire
- Current Region: Western Europe (mainly United Kingdom, France, and Germany)
- Motto: Concordia, Integritas, Industria
According to Celebrity Net Worth, The Rothschild Family has an estimated net worth of $400 billion as of August 2021. The family consisted of five sons and a father who made a banking empire during the 1800s. This family is known as one of the richest families in the history. In the past, they had big influence even though right now they are less impactful.
The first known ancestor of The Rothschild Family was Izaak Elchanan Rothschild, the one who was born in 1577. He was originally from Frankfurt, Germany. The family was popular worldwide for the next 200 years.
Everything was changed in 1744 when one called Mayer Amschel Rothschild was born. His father was known as a money changer who did business with the Prince of Hesse and it was the start of the family connection to the royal world.
First of all, Mayer made a finance house in a Jewish ghetto in Frankfurt, Germany. He then spread his wings to the other cities in Europe. He put one of his sons as the primary overseer in each of a total of five major financial centers. It explains why the Rothschild coat of arms has a clenched first with five arrows. Each arrow represents one of his sons and a distinct Rothschild dynasty.
Despite being one of the big names in the banking field, The Rothschild Family loved to stay away from the public attention. Mayer Amschel Rothschild always made sure to keep their wealth within the family. The attempts include arranging marriages to first and second cousins so that the lineage never strayed to the outside influences. Not only that, they also had full control of their international banking system and they were the only ones with the access, reducing the chance of the other people to zero.
At the end of 19th century, the thing started to change. The descendants of Mayer Amschel Rothschild started to break the tradition and married outside of the family. It was actually a good thing as they became intertwined with some other various royal families.
The sons of the Mayer Amschel Rothschild were successfully increased their family wealth. Nathan Mayer Rothschild was successful in London, James Mayer de Rothschild in Paris, Carl Mayer von Rothschild in Naples and Amschel Mayer Rothschild in Frankfurt. Plus, there was also Salomon Mayer Rothschild who was in charge of operations in Vienna.
A big thing happened during the Napoleonic Wards during the early part of the 19th century. Nathan Mayer destroyed the London stock market by himself by spreading rumors about the British had lost the Battle of Waterloo. However, most mainstream scholars did not fall for his bait. Still, he got the advantages after the end of the war after supplying huge amounts of funding to the British forces. In short, Nathan Mayer purchased the government bond market and believed that these British bonds would get better after two years. He was right and he collected a total of 40% profit after two years.
Talking about the net worth of The Rothschild Family is always exciting. It is actually not easy to comprehend the sheer level of the fortune of this family. As mentioned before, they were quite impactful in the past but their steps are more secret now, even though they have always been away from the public eye. They have taken a much less central approach to international banking and finance.
The Rothschild Family is known to have a lot of real estates and pieces of art but most of them have been donated.
List of some of real estate belong to The Rothschilds Family:
- Ascott House, Wing in the Vale of Aylesbury
- Aston Clinton House, Aston Clinton in the Vale of Aylesbury
- Champneys, Wigginton on the edge of the Chiltern Hills
- Eythrope, Buckinghamshire
- Exbury estate, Hampshire Exbury in the New Forest National Park
- Flint House, Waddesdon, Buckinghamshire
- Gunnersbury Park, Middlesex
- Halton House, Halton
- Mentmore Towers, Mentmore
- Shorncliffe Lodge, Folkestone, Kent
- Tring Park Mansion, Tring, Hertfordshire
- Waddesdon Manor, Waddesdon, Buckinghampshire
- Windmill Hill, Buckinghamshire, Waddesdon
- Chateau de Ferrieres
- Palais Albert Rothschild
- Palais Nathaniel Rothschild
- Palais Rothschild (Metternichgasse)
- Palais Rothschild (Prinz-Eugen-Straße)
- Palais Rothschild (Renngasse)
In 2001, one of the mansions belong to The Rothschild Family was put on the housing market for 85 million pounds. The mansion was named as the most expensive residential property in history. The building is a 9,000 square foot property and is made of marble. It is really huge to the point it can fit a total of 20 cars. It is located at Kensington Palace Gardens in London.
Right now, the most important business of The Rothschild Family is The Rothschild Group. The main job of the group is to control all the Rothschild financial companies around the world.
Talking about The Rothschild Family, there are only several names of the family that are known to public, including a billionaire and environment named David Mayer de Rothschild, a documentary filmmaker named Hannah Mary Rothschild, and the co-chairman of Atticus Capital named Nathaniel Philip Rothschild. The one who is probably most known to the public is James Rothschild as he is currently married to Nicky Hilton in 2015.
The Rothschild Family is definitely not the only one that is wealthy and popular. Aside from then, there are some other ones, including Walton, Mars Scudder, Koch, Slim, Ortega, Wertheimer, Dumas, Porcsche/Piech, Boehringer/Von Baumbach, Arnault, Kamprad, Ambany family, Cargill MacMillan, Bettencourt, Lee (Byung Chul) family, Thomson, Raimann, Kwok, and so on.
