Rothschild family
The Rothschild family is a wealthy Jewish family originally from Frankfurt. It rose to prominence with Mayer Amschel Rothschild, a court factor to the German Landgraves of Hesse-Kassel. Unlike most previous court factors, Rothschild managed to bequeath his wealth and established an international banking family through his five sons. During the 19th century, the Rothschild family possessed the largest private fortune in the world, as well as in modern world history.
About Rothschild family in brief
The Rothschild family is a wealthy Jewish family originally from Frankfurt. It rose to prominence with Mayer Amschel Rothschild, a court factor to the German Landgraves of Hesse-Kassel in the Free City of Frankfurt, Holy Roman Empire. Unlike most previous court factors, Rothschild managed to bequeath his wealth and established an international banking family through his five sons. During the 19th century, the Rothschild family possessed the largest private fortune in the world, as well as in modern world history. Today their interests cover a diverse range of fields, including financial services, real estate, mining, energy, agriculture, winemaking, and nonprofits. Their buildings adorn landscapes across northwestern Europe. The Rothschild family has frequently been the subject of conspiracy theories, many of which have antisemitic origins. The first member of the family who was known to use the name ‘Rothschild’ was Izaak Elchanan Rothschild, born in 1577. The name is derived from the German zum rothen Schild, meaning ‘at the red shield’, in reference to the house where the family lived for many generations. A red shield can still be seen at the centre of the Rothschild coat of arms. It contains a clenched fist with five arrows symbolising the five dynasties established by the five sons of Mayer Rothschild, in a reference to Psalm 127: ‘Like arrows in the hands of a warrior, so are the children of one’s youth’ The family motto appears below the shield: Concordia, Integritas, Industria.
Paul Johnson writes: ‘There is no book about the Rothschilds that is both revealing and accurate. Libraries of nonsense have been written about them… There is no books about them that is either revealing or accurate’ The Rothschilds were elevated to noble rank in the HolyRoman Empire and the United Kingdom. The family’s wealth declined over the 20th century and was divided among many various descendants. The head of the group was Nathan Mayer Rothschild in London; however, more recent research by Niall Ferguson indicates that greater and equal profits also were realised by the other Rothschild dynastIES. The last Rothschild to die was James Mayer de Rothschild in Paris, Carl Mayer von Rothschild in Naples and Amsche Mayer Rothschild in Frankfurt am Main, Germany. He was the son of a money changer who had traded with the Prince of Hessen. He was born in the 16th century Frankfurt; its name isderived from the family house, Rothschild, built by Isaak ElChanan Bacharach in Frankfurt in 1567. In about 1906, the Jewish Encyclopedia noted: ‘Of more recent years, more non-Jewish financiers have learned the same cosmopolitan method, and, on the whole, the whole Rothschild fortune is now rather less than more than Jewish hands than formerly.’ The first Rothschild fortune was successfully arranged in the first half of the first century of the 1900s, often with carefully arranged marriages.
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This page is based on the article Rothschild family published in Wikipedia (as of Jan. 01, 2021) and was automatically summarized using artificial intelligence.
