The name Rothschild has become synonymous with wealth, and the story of this money-making family started with a man called Mayer Amschel Rothschild. His beginnings were what you might call humble, since he lived in a Jewish ghetto in Frankfurt, Germany, sharing a house with another 30 people.
Both his parents died from smallpox when he was just 12 years old, and prior to that it was their wish that he become a rabbi. That didn’t happen, and instead at age just 13 the young Rothschild started an apprenticeship at a bank in Hanover. Through his early years he practiced commodities and money-trading as well as sold rare coins. Through that he rubbed shoulders with German nobility, and while he was working, he was also making children, ten in all.
Let’s now see what happened next, in this episode of the Infographics Show, How much money do the Rothschilds have?
So, we know it all started with Mayer Amschel Rothschild. In fact, this man is sometimes called “The founding father of international finance.” We know he had ten kids, and five of those were sons. Each of these sons was responsible for running a finance house in Europe’s centers of finance. This family, or empire, worked under the motto: Unity, Integrity, Industry.
We are told that understanding all the ways this family earned its fortune is not exactly clear, with one journalist saying, “There is no book about them that is both revealing and accurate. Libraries of nonsense have been written about them.”