Rothschild family founder Mayer Armschel Rothschild (1744 – 1812) who started the banking house in Frankfurt, had five sons and was in the financial or banking business. He bequeathed his wealth to his five sons whom he sent to major capitals of Europe and each was headed by one of his sons. These banking businesses was in Naples, Paris, London, Vienna and Frankfurt.
Rothschild family, they control assets valued at $350 billion. Apart from banking, they are also in real estate, wine-making, mining, charity, energy and farming.
The Rothschild family is one of the richest families in the world. For a long time the family has had influence which is more than that of kings and emperors. They give loans to governments around the world, kings and monarchs among other rulers. At one point the Rothschild family was the paymaster to the British Army.
The Rothschild family owns shares in North Sea Oil Company and Glencore mining and oil company. They also own shares in United Company RUSAL. The family invested in De Beeers diamond mines in South Africa.
The Rothschild family owned an estate known as Chateau deFerrieres which covered 30 square kilometers outside Paris in France. Further, the family owns several wine estates in France, North America, South Africa, South America and Australia. They have been in the wine making business for over 150 years.
The Rothschild family own controlling shares in Rio Tinto mining company. The company has operations in 35 countries across six continents. It is the leading producer of iron ore worldwide. In 2022, the company had $55 billion in annual revenues. In Guinea the company operates Simandou Project, Argentina (Rincon Project), Mozambique, Rhodes Ridge Project in Australia, Canada, Iceland, 4 mines of Zulti South in Kwazulu-Natal in South Africa, copper mining in Arizona USA, Mongolia and Madagascar among others.
Rio Tinto mining company produces aluminium, iron core, copper, salt, Lithium, titanium dioxide, borates and diamond among others.
The Rothschild family holds a significant portion of their wealth in physical gold. For more than 100 years, the Rothschild family was in the business of manufacturing gold bars until 1967. The family owned the Royal Mint Refinery which was in the business of producing gold bars. Therefore, they have been trading in gold for more than a century. According to the Independent newspaper of United Kingdom, M.N. Rothschild & Sons withdrew from the gold trading business after 261 years of operations. This shocked the world. The family had been participating in a twice daily London Gold Fixing since 1919.
Real Estate
Over the years, Rothschild family, has owned some of the most expensive homes in the world. The Rothschild family owns some of the most luxurious homes across Europe such as Waddesdon Manor, Palais Rothschild, Faber Palace, Villa Ephrussi de Rothschild, Mentmore Towers, Chateaus de Ferriore, Ferreira Mansion and Schillersdorf Palace among others.
Most of the family’s country houses were either built or purchased.
The Rothschild family own palaces and mansions across Europe. A good example is the Rothschild Mansion located in 18 Kensington Palace Gardens in London which is built in marble, covers 9000 square feet and has an underground parking for 20 cars.
Rothschild coffee and Tea Estates
The Rothschild family has invested heavily in tea and coffee production. The family owned large tea estates in Ceylon (7318 acres) of land under tea and coffee.
Rothschild family car collection
The Rothschild family love automobiles. In the early 1900s driving a car was a risky business. cars were not safe, car owners were forced to carry several spare parts and they had to know how to change all spares in a car. They carried items such as engine oil, grease and extra petrol among others. Some members of the family loved cars and always owned them.
End