Rothschild: Biography and Profile of the Family That Dominates the World Economy
Rothschild Profile and Biography. If anyone asks who is the richest and most influential family in the world, perhaps one answer is the Rotshchild family.
There are many myths and conspiracies about the Rothschild family. Many believe that the Rotschild family has the power to regulate the economy of a country or even the world.
Literally the Rotschild family is more associated with wealth. The Rotschild family is believed to be one of the richest families in the world. Their wealth comes from the banking sector which they have managed for hundreds of years.
It is estimated that their wealth reaches around $700 billion US dollars. Apart from the banking sector, their business is also involved in real estate, oil and construction.
Quick Info
| Full Name | Mayer Amschel Rothschild |
| Date of Birth | February 23, 1744, Frankfurt, Germany |
| Died | September 19, 1812, Frankfurt, Germany |
| Parents | Father – Amschel Moses Rothschild
Mother – Schönche Rothschild |
| Wife | Gutle Schnapper |
| Child | James Mayer de Rothschild, Nathan Mayer Rothschild |
Rothschild Biography
The Rothchild dynasty began with a man named Mayer Amschel Rothschild. His real name is Mayer Amschel Bauer. He was of Jewish descent who lived in Germany in the 18th century.
Rothschild was born on February 23, 1744 in Frankfurt, Germany. His father, Amschel Moses, worked as a cloth merchant and also ran a money exchange business, he also used to provide credit/loans. His mother’s name was Schönche Rothschild.
Early Life
In Rothschild’s profile, it is known that he spent his childhood in Germany. There he lived in the same house with 30 other family members.
Since childhood, Rothchild has learned about business from his father. One of his father’s important customers was Prince Wilhelm, a royal crown prince.
Mayer Rothchild has been an orphan since he was 12 years old. His father died first of smallpox a year later his mother also died. Rothchild’s parents wanted their child to study Jewish teachings and then become a Rabbi.
When his father died, Mayer Amschel Bauer then changed his name to Mayer Amschel Rothschild. The word ‘Rothschild’ in German means Merang Shield. The Red Shield logo is also displayed in front of his father’s shop.
After his parents left, Rothchild decided to intern at a banking firm in Koita Hanover, Germany. There, he learned the ins and outs of banking and foreign trade systems.
After an internship there, Rothschild then returned to his hometown when he was 19 years old. Together with his brother, Rothschild then went into commodity and money trading business. He sold rare coins to his customer, Prince Wilhelm.
Building a Banking Business Empire
His close relationship with the nobles resulted in Rothschild being appointed as a court agent or so-called “Crown Agent” in 1769.
What made him open up many new business opportunities was by providing loans to nobles and to his colleague, Prince Wilhelm. In 1770, Amschel Rothschild married Gutle Schnapper.
From his in-laws, Amschel Rothschild then inherited a lot of wealth, making him even richer. From his marriage to Gutle Schnapper, Rothschild was blessed with five sons and five daughters.
The richest man in Europe
In Rothschild’s Biography and Profile, it is known that at that time Rothschild was already the richest person on the European continent. Rothschild’s banking business increasingly benefited when the French revolution broke out.
During the war, Rothschild supplied various war needs such as horses, uniforms and war equipment as well as wheat for the Austrian army.
He also provided funds to the kingdom to pay mercenaries during the war. In the early 18th century, Rothschild sent his five children to live in various capitals in European countries.
Rothschild’s goal is for his five children to be able to build a banking business in the cities where they live, such as Vienna, Naples, Paris, London and Frankfurt.
Number One Banker in Europe
The spread of Rothschild’s children in various cities to open banking services, made Rothschild the number one banker on the European continent.
On the other hand, his wealth continues to increase as his banking company increasingly expands on the European continent.
Apart from that, he provided loans to the government to finance wars for several centuries so that he accumulated more and more wealth in various industries.
Before he died in 1812, Amschel Mayer Rothschild made a rule for his children and descendants. That in managing their wealth, consanguineous marriages are carried out, where members of the Rothschild family can only marry other members of the Rothschild family who are still related.
He does not allow his descendants to marry into other families, as quoted from the August 2003 edition of Discover magazine entitled Go Ahead, Kiss Your Cousin which reviews the life of the Rothschild family.
Taking Advantage of War
For 200 years, the Rothschild family has financed many major wars from the French Revolutionary War to World War II.
The Rothschild family provided many loans to governments in countries involved in war to rebuild their war-torn countries.
And Rothschild enjoyed the profits from the loan. So their wealth increased many times over. Is this a crime of the Rothschild family?
After Amschel Rothschild’s death, his banking business was continued by his five children. There are many strategies and methods used so that this family can master this very promising business and dominate the world economy. Stay up-to-date with Deltsapure! Provide accurate and updated news for readers.
Does the Rothschild Family Control a Number of Central Banks in the World?
Can the Rothschild family control a country’s economy? Do they also control a country’s central bank?
This is a question that many people ask. In 1818, the Rothschild family did this to France.
At that time they bought most of the debt or bonds from the French government. This makes the value of the bond then its value creeps up.
A few days later the Rothschild family suddenly sold all the bonds on the free market. This action caused the value of the bonds to drop drastically.
This action created panic in the French economy because this action could cause the French economy to suddenly collapse.
Finally the French government owes money to the Rothschild family. A huge advantage for the Rothchild family.
Since Amschel Rothschild’s death, his descendants have been involved in the banking business in almost all countries. Many people think that the Rothschild family is always involved in a country’s economy.
Either by financing a country’s war to gain interest on their loans or in other ways. In the 1990s, the Rothschild family admitted that it was no longer fully involved in its activities in the banking world.
They focus more on managing the investments of their very wealthy clients under their company, Rothschild Global Advisory. The Rothschild family provides services in the form of consultations regarding banking and debt restructuring.
The Rothschilds are still involved in banking, but only for high net worth individuals and provide fixed deposits, checking accounts, Visa cards, internet banking services and foreign currency exchange facilities.
While the actual owner of the Central Bank or Federal Reserve is unknown, the Federal Reserve is still essentially owned by the member banks. How the 6% profits from the Central Bank or Federal Reserve are sent to whom is unknown.
