Who Are The Rothschilds
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The Rothschilds are a powerful and wealthy Jewish banking family hailing from Europe. The family enriched itself through the banking industry, and has owned numerous prominent businesses across the globe. The Rothschilds are well known for their philanthropic endeavors, including their support of charitable organizations, educational institutions, and politicians.
The Rothschild family was founded in 1744 by Mayer Amschel Rothschild in Frankfurt, Germany. He helped finance the French Revolution, and was able to manipulate several currencies by lending money to different countries at different interest rates. By the end of the 18th century, the family had five branches across Europe and were well on their way to becoming a powerful banking institution.
The Rothschilds went on to form their own banks in London (1812), Paris (1817), Vienna (1820), and Naples (1821). The family was involved in the bond market, foreign exchange, and gold bullion trading. In fact, their banking empire at one point stretched across more than 50 countries, with many holdings in the US, including RBS Securities, Lehman Brothers, Lazard Frères & Co, and J.P. Morgan Chase.
The Rothschilds are also well known for their philanthropy and support of a number of causes. The family established the Rothschild Foundation, which has made major donations to charities working to alleviate poverty, provide healthcare and education in developing countries, and other humanitarian issues. They have also funded educational institutions, universities and museums throughout the world.
The Rothschilds continue to be a powerful family of influential figures. They have a net worth of around $400 billion and control a large portion of the world’s wealth. Despite their power, the family has held tight to their noble values and are still remembered for their generosity and philanthropy.