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The birth of the Rothschild Empire P1

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Uploaded by on Dec 15, 2008

The Rothschild family(often referred to simply as the Rothschild's), is an international banking and finance dynasty of German Jewish origin that established operations across Europe, and was ennobled by the Austrian and British governments.The family's rise to international prominence began with Mayer Amschel Rothschild (1744–1812). Born in the ghetto (called "Judengasse" or Jew Alley) of Frankfurt-am-Main, he developed a finance house and spread his empire by installing each of his five sons in European cities to conduct business. An essential part of Mayer Rothschild's strategy for future success was to keep control of their businesses in family hands, allowing them to maintain full discretion about the size of their wealth and their business achievements. Mayer Rothschild successfully kept the fortune in the family with carefully arranged marriages between closely related family members.

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