It’s no secret that the Rothschild family amassed the largest
private fortune in modern history, making its inner members some of the greatest
billionaires who ever lived. But the extent of that wealth deserves exploring a
little deeper; at one point, their fortune was thought to be larger than the
equivalent of the $6.4 trillion accrued by today’s 1,645 billionaires combined.
How much larger? Well, Billionaires Australia has been busy tracking down our contacts and informants, and we
can reveal that at one point there is thought to have been as much as $500
trillion in the pockets of just this one family. One thing is for certain, the
Forbes’ rich list would have been dominated by Rothschilds if it existed in the
1800s and early 1900s.
A lack of precise accounts makes it difficult to pinpoint their
exact wealth, but sufficient data on the Rothschilds exists to suggest that they
are ahead of their rivals the Rockefellers when it comes to being the richest
family in the world. And just what was the secret to becoming the richest family
in history? “Concordia, Integritas, Industria” or “unity, integrity, industry”,
according to the family motto. History would show that the first two were mere
formalities when it came to making money. In the case of the third, they have
never been matched.
Mayer Amschel Rothschild, who started the dynasty, was the son
of a money lender and goldsmith who settled in a marginalised Jewish ghetto in
Frankfurt during the 1740s. He left the city to be an apprentice at a small
bank, but returned to start a business selling rare coins, antiques and
curiosities, which would become pivotal to the world’s banking system.
The business really took off when he started extending credit to
his customers, and he then moved into foreign currency trading and in government
loans. By the beginning of the 19th century he was a banker and a very rich
one.
The operation was steeped in secrecy, which worked well when
acting as the bank of choice for the world’s governments and pulling off deals,
which included financing both sides in the Napoleonic wars (it’s thought that
the family fortune increased 20-fold by speculating on the outcome of the Battle
of Waterloo in 1815, when Napoleon was defeated by an Anglo-Prussian
coalition).
Information was crucial and informants used fast boats, coded
letters, flag systems and carrier pigeons to help the family find out what was
going on ahead of official sources. The integrity wasn’t matched both ways,
however, and Nathan Rothschild’s ability to depress stock prices by using the
network of agents to spread rumours, true or false, and then buy the stock up
after people panicked was legendary.
At one point, four sons were dispatched to European capitals to
take advantage of the rise of capitalism, going to London, Paris, Vienna and
Naples to spread the family business. Soaking up the local environments, the
French branch developed interests in philanthropy, the arts and winemaking,
while the English arm excelled in business, but both sides competed fiercely to
add to the fortune.
The Rothschilds’ dominance was cemented by pioneering the bond
market, a system of buying and selling government debt. It allowed countries to
make investments in projects like the Suez Canal and speculators to earn huge
amounts of money, while the Rothschilds sat in the middle taking a cut of
everything.
The attitude the family had towards the power they were
beginning to obtain over the world’s leaders is a matter of debate. “I care not
what puppet is placed upon the throne of England to rule the Empire on which the
sun never sets,” says one quote attributed to Nathan: “The man who controls
Britain’s money supply controls the British Empire and I control the British
money supply.”
Conspiracy theorists and historians debate whether the quote was
real, but it’s often difficult to distinguish myth from fact when dealing with
such a mysterious family. One of the wilder conspiracy theories is that they
started wars just to profit. However, their reliance on government bonds, which
would decrease in price during periods of conflict, makes this seem
unlikely.
Whatever the truth, we know founder Mayer Rothschild approached
the job of dynasty building with deadly seriousness, stipulating that no record
of the family’s wealth would ever be made public, all key positions should be
filled by relatives, and that family members should marry first and second
cousins to help keep the fortune intact.
Five lines of the Austrian branch of the family have been
elevated to Austrian nobility as Barons and in France, the word Rothschild
became a synonym for “seemingly endless wealth”.
The Rothschild empire began to falter as commercial banking took
hold and by the mid-19th century, they had moved from being traders to fund
managers.
Mayers’ descendants continue to make money and it’s clear they
remain as important as ever to the global financial markets, even if they have
opted to play a more hidden role these days. Rothschild’s Merchant Bank profited
from UK Prime Minister Margaret Thatcher, known locally as the ‘Iron Lady’, and
her privatisation of state-owned industries. And here’s a rare public appearance
of Major Edmund Leopold de Rothschild from 2008, when the US bank bailout was
being discussed (you can see him walking awkwardly off set at the end):
Lord Jacob Rothschild chairs RIT Capital Partners, which is
listed on the London Stock Exchange and appears in the FTSE 250 Index. By its
own description it “invests in a widely diversified, international portfolio
delivering returns to shareholders in excess of the world’s leading stock
markets and its peers”. But, just like a lot of things in the family’s history,
its exact activities remain a closely guarded secret. What we can reveal is that
the business focuses on publicly traded, but privately held companies; Mayer
Rothschild would be proud.
The legacy of that poor orphaned Jewish boy who ended up
building an entire dynasty of billionaires lives on today, albeit without the
gravitas of being the world’s richest family.
Article from: http://www.billionairesaustralia.com/only-trillionaire-family-history/
How to Get Rich Like a Rothschild
Brought to you by
http://www.businessinsider.com/the-early-rothschilds-built-a-fortune-2012-12?op=1
http://www.businessinsider.com/meet-the-remaining-heirs-of-the-legendary-rothschild-dynasty-2012-2?op=1
http://thecounterpunch.hubpages.com/hub/How_to_do_like_the_Rotschild_and_become_extremely_wealthly
I curse you, Satan scum.
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ReplyDeleteMark 8:36King James Version (KJV)
36 For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
ReplyDeleteMark 8:36King James Version (KJV)
36 For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
Mark 8:36King James Version (KJV)
ReplyDelete36 For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
Fuck my soul. Give me the whole world!
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