David is a 19-year-old Canadian student currently attending the University of Guelph. He currently studies Public Management and economics with hopes of one day becoming an accomplished journalist. David enjoys reporting on global events and actively try to make a difference in the world.
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I’ve heard a lot about how the Rothschild family is worth around $500 trillion and basically rules the world through a chain of banks. Conspiracy theorists claim that they are evil, and are a large reason for a lot of the world’s problems (wars, poverty, corruption, etc.).
So I’m going to find out exactly what this family is all about. Are they using their widespread influence to control governments around the world? Do they control all the banks on the globe? Are they the spawns of Satan?
Keep reading if you want to find out the answers to these pressing questions.
The Rothschild family is recognized today as the richest family on the planet. Turns out, it’s been this way for centuries.
The family descends from Mayer Amschel Rothschild, a court Jew born in Germany who established a banking business in the 1760’s. Mayer was able to establish the most influential chain of banks throughout Europe with the help of his five sons. Together, they funded numerous global affairs, and manipulated their way into becoming the wealthiest family on the face of the planet.
What many don’t know is that Mayer A. Rothschild pre-arranged marriages within the family. Meaning he ensured that the female members of the family were very limited in their marriage options when it came t getting their inheritance. The only way for them to make sure that they would be getting money in the future was by marrying their cousins.
Turns out that this was a pretty good way to keep money within the family, however unethical it may be. Throughout the family’s history is a long list of unethical events that led them to their immense wealth they have today.Mayer’s five sons: Nathan, James, Salomon, Carl, and Amschel, established banks all throughout Europe. They began with London, Paris, Frankfurt, Vienna, and Naples (visualized below). With their help, the Rothschild’s grew into the most wealthy business family on the planet.
The Napoleon Wars
The Napoleonic Wars were a series of conflicts fought between France under the leadership of Napoleon Bonaparte and a number of European nations between 1799 and 1815.
Luckily for the Rothschild’s, they were situated throughout Europe by the beginning of the 19th century, giving them a paramount influence on how the war played out. Because of this, they were able to greatly benefit from the Napoleonic. It was during this time that the Rothschild family established themselves as the richest, most elite family on the planet.
During the war, the Austrian army and British forces contracted Mayer Rothschild to supply them with a range of items including wheat, uniforms, horses, and equipment. Along with this, they arranged the payment of British financial subsidies to their continental allies. The family wealth grew enormously through the commissions earned on these transactions.
Arguably their greatest move during the Napoleonic wars was the stock manipulation of the Waterloo war in June of 1815. During the war, speculators watched rothschild’s stocks in an attempt to guess who would win. Shortly after the battle ended, and long before anyone else knew who was the victor, they began selling stocks. Everyone assumed this mean Napoleon had won and Europe had lost. panic selling ensued. When prices crashed, Rothschild bought everything in sight and made exuberant profits.
Call it how you want, the Rothschild’s were able to set themselves apart from everyone else during this time in terms of wealth by bailing out several nations and manipulating the stock markets due to their better methods of communication. Some say their actions were evil, some say they were smart, but either way, it made them a boatload of money.
Their Influence on European Industrialisation
Given their geographical banking control and massive wealth throughout the 19th century, the Rothschild family pioneered international high finance during the industrialisation of Europe and were instrumental in supporting railway systems across the world and in complex government financing for projects such as the Suez Canal.
The Suez Canal was another immensely profitable investment by the Rothschild family. If you take a look at the diagram above, you can see how important this shipping route is for connecting Europe to Africa and Asia. The Rothschild’s saw this and took advantage of it.
British recognised the canal as an important trade route, they objected to the use of forced Egyptian labour to build it, and perceived the French project as a threat to their geopolitical and financial interests.
So, over a span of eleven years, starting on December 15th, 1858 the Suez canal was built. The Rothschild’s basically owned the British banking system at the time since they funded all prior British war efforts throughout the 19th century. Thus, In 1875, the London banking house of N M Rothschild & Sons advanced the Prime Minister, Benjamin Disraeli. They effectively acted for the British Government, and paid a sum of £4,000,000 to purchase Suez Canal shares. Disraeli was a close personal friend of Lionel de Rothschild, and according to legend, this was transacted on a gentleman’s agreement, with no documentation, a technically unsecured loan for a sum of over £550 million today.
Basically, England recognized the huge economical gain of purchasing shares in this trans-continental shipping route, but they did not want to be recognized for supporting the forced labour (slavery) that was implemented in order to build the canal.
The British government repaid the loan to the London banking house of N M Rothschild & Sons in five months and were then able to profit from the canal, without any harsh media scrutiny. A smart move, but an unethical one to say the least.
As previously discussed, Mayer Rothschild’s five sons branched off throughout Europe in the beginning of the 19th century in order to establish banks across the continent. By doing so, they were able to gain more power than several European governments with their political and economical influence, as well as move Europe forward in terms of growing with the industrialisation movement by loaning large sums of money to the governments of the nations in which they were stationed.
The Rothschild banking family of England was founded in 1798 by Nathan Mayer Rothschild (1777–1836) who first settled in Manchester but then moved to London. Nathan Mayer von Rothschild, the third son of Mayer Amschel Rothschild (1744–1812), first established a textile jobbing business in Manchester and from there went on to establish N M Rothschild & Sons bank in London.
During the early part of the 19th century, the Rothschild’s London bank was able to fund England during the Napoleonic Wars, as well as financing the subsidies that the British government transferred to its allies during this time. With this large influence, they were able to help England partake in large industrialisation movements such as the Suez Canal as well as financing many innovative government projects (infrastructure, military, schools, hospitals, etc.)
The London banking house continued under the management of Lionel Nathan de Rothschild (1882–1942) and his brother Anthony Gustav de Rothschild (1887–1961) and then to Sir Evelyn de Rothschild (b. 1931). In 2003, following Sir Evelyn’s retirement as head of N M Rothschild & Sons of London, the English and French financial firms merged under the leadership of David René de Rothschild.
There are two branches of the family connected to France.
The first was son James Mayer de Rothschild (1792–1868), known as “James”, who established de Rothschild Frères in Paris. Following the Napoleonic Wars, he played a major role in financing the construction of railways and the mining business that helped make France an industrial power. By 1980, the Paris business employed about 2,000 people and had an annual turnover of 26 billion francs (€4,13 billion or $5 billion in the currency rates of 1980).
But then the Paris business suffered a near death blow in 1982 when the socialist government of François Mitterrand nationalised and renamed it Compagnie Européenne de Banque. Baron David de Rothschild, then 39, decided to stay and rebuild, creating a new entity Rothschild & Cie Banque with just three employees and €830.000 ($1 million) in capital. Today the Paris operation has 22 partners and accounts for a significant part of the global business.
Ensuing generations of the Paris Rothschild family remained involved in the family business, becoming a major force in international investment banking. The Rothschilds have since led the Thomson Financial League Tables in Investment Banking Merger and Acquisition deals in the UK, France and Italy.
In Vienna, Salomon Mayer Rothschild established a bank in the 1820s and the Austrian family had vast wealth and position. The crash of 1929 brought problems, and Baron Louis von Rothschild attempted to shore up the Creditanstalt, Austria’s largest bank, to prevent its collapse.
Nevertheless, during the Second World War they had to surrender their bank to the Nazis and flee the country. Their Rothschild palaces, a collection of vast palaces in Vienna built and owned by the family, were confiscated, plundered and destroyed by the Nazis.
Other Notable Business
The Rothschild family was directly involved in the Independence of Brazil from Portugal in the early 19th century. Upon an agreement, the Brazilian government should pay a compensation of two million pounds sterling to the Kingdom of Portugal to accept Brazil’s independence. N M Rothschild & Sons was preeminent in raising this capital for the government of the newly formed Empire of Brazil on the London market.
In 1825, Nathan Rothschild raised £2,000,000, and indeed was probably discreetly involved in the earlier tranche of this loan which raised £1,000,000 in 1824. Part of the price of Portuguese recognition of Brazilian independence, secured in 1825, was that Brazil should take over repayment of the principal and interest on a £1,500,000 loan made to the Portuguese government in 1823 by N M Rothschild & Sons.A correspondence from Samuel Phillips & Co. in 1824 suggests the close involvement of the Rothschilds in the occasion.
Major 19th century businesses founded with Rothschild family capital include:
Alliance Assurance (1824) (now Royal & Sun Alliance);
Chemin de Fer du Nord (1845)
The Rio Tinto mining company (1873) (from the 1880s onwards, the Rothschilds had full control of Rio Tinto)
De Beers (1888)
Rothschild Family Post 19th Century
Since the late-19th century, the family has taken a low-key public profile, donating many famous estates, as well as vast quantities of art, to charity, and generally eschewing
conspicuous displays of wealth. Today, Rothschild businesses are on a smaller scale than they were throughout the 19th century, although they encompass a diverse range of fields, including: real estate, financial services, wine and charities.
So, are they really the evil rulers of the world?
Given what I’ve been able to find about the families history on the internet, no.
The conspiracy claiming how the Rothschild’s are worth more than 500 trillion and basically own all of the world’s banks is false. Today, the family is worth an estimated $350 billion, which is obviously diluted down through many family members.
Yes, they have done some sneaky things in the past that have propelled them to the level of affluence they are at today, but no evidence shows the family having any ties with any NWO (New World Order) or Illuminati movements. Although they are wealthy enough to pay off Google to ensure that no negative information leak out about them on the internet.
I believe that the way Mayer Amschel Rothschild constructed the family is ingenious. He raised his five sons to be money-hungry investment bankers and formed a near banking monopoly within Europe, which saw its height of economic/political impact in the early to mid 19th century.
The Rothschild banking Groups Inc. single handedly funded wars and helped build European infrastructure while guiding a continent through 19th century industrialism. However, the problem lies with how they accomplished all of this.
They lied to the press in order to gain a substantial advantage in the stock market during the end of the Napoleonic wars. They lent money to European governments with very high interest rates, knowing that they would profit greatly from these transactions. And they invested in operations that used slavery only to benefit themselves.
Their influence on Europe has been substantial from an economic and political standpoint, but the family’s business operations are far from ethical.
It is clear that the Rothschild’s value an affluent lifestyle. Since their rise in the 19th century they have indulged in the finer things, and they show no signs of ever changing. Does this make them evil? No.
Their rise to economic prosperity has been described as evil however, and personally, I agree. However, investing in operations that used forced labour was not uncommon during the 19th century.
There is no disputing that the Rothschild’s influence on the European banking world has been the most influential impact any family has ever made on modern day finance in history. They had a vision to conduct banking branches all throughout Europe, and they accomplished this. I don’t think this makes them the evil rulers of the world however. I think that they took advantage of the tools they possessed, and they became rich because of it.
The Rothschild’s pose little to no threat to social stability in the future. They simply control a chain of banks throughout Europe that are quite wealthy. Perhaps they could be a part of some elite society, but I doubt they would let that information leak out onto the Internet.
I guess the only real observation we can make on this family is that they are economic geniuses, but far from being any Mother Teresa or Pope Francis of our time.