On January 17, 2021, the media broke the huge news, which was absolutely huge for the financial world, that Benjamin Day Rothschild, Chairman of the Board of Directors of the Rothschild Group, had died suddenly on January 15 at the age of 57.
Citing a Rothschild Family source, Le Parisien reported that “Ariane dé Rothschild and their daughter announce with sadness that Benjamin dé Rothschild died of a heart attack at his Home in Prény-Chambésy.” And claimed that a funeral for Rothschild will be held within the family in the near future.
Benjamin D. Rothschild Day Rothschild (left) Rothschild (left) and his mother in a 1991 file photo
Born on July 30, 1963, Benjamin is a seventh-generation descendant of the Rothschild family. A French banker, he has been the chairman of the board of Edmond de Rothschild since 1997.
Chinese people may not know much about him yet, and probably only know that he is worth about 1.5 billion USD and holds a large amount of shares in Facebook.
The Rothschild family is often referred to as the Rothschild family, but in fact, it is the Rothschild board of directors that represents the family to the outside world, and the chairman of the board is also considered the representative of the family.
However, Benjamin is not yet the seventh generation of the Rothschild family head, because his grandfather’s sake, the seventh generation of the family head is now 38-year-old Alexander Rothschild.
Rothschild family is rumored to have $50 trillion
Unlike those shareholding companies that raise funds publicly and thus their wealth is made public, the Rothschild family has always been a private enterprise that relies on private funds to do business, plus the family has been passed down for generations, with many branches and people, making it incredibly tedious to calculate, so the outside world cannot know how much wealth the family actually has.
However, the outside world knows that this family once dominated the financial world of Europe and America for two hundred years. In addition to the five contemporary European powers, the Rothschild family is known as the “Sixth Reich” and is currently the most powerful financial and commercial group in human history. At its height, the Rothschild family owned almost half of the world’s wealth.
In 2015, it was reported that the Rothschild family had $50 trillion in assets, which is five followed by 13 zeros.
How much is $50 trillion? The combined fiscal year 2014 budget between the United States and China is about $6.2 trillion; that is, the family has enough wealth to feed the people of the world’s two hegemons for seven to eight years. If the $50 trillion were to be divided equally among the 7 billion people on the planet, each person would receive more than $7,000.
But can you imagine? The richest family in the world originated in a German slum.
The underground ruler of the global economy who came from a slum
Legend has it that the family name “Rothschild” has no roster in the past history. The founder of the family, Mayer Amschel, came up with the name when he decided to build a family tree and saw the red door plate on his house, which reads “Rothschild The word “Rothschild” means “red shield” in German. So he decided to give himself a full name: Mayer Amschel Rothschild.
Born in 1743, Mayer came from a poor Jewish area of Frankfurt, Germany. He studied finance at a bank and had the insight that currency was very collectible and that currency-related transactions would be a good business, so he founded his family’s first company, specializing in currency exchange, antiques and ancient coins.
Soon, Mayer made a detour to meet Count Wilhelm, one of the future heirs of the German king of Hesse, who was particularly fond of collecting ancient coins. In order to please him, Mayer gave away all the most precious ancient coins in his collection, and even spared no effort to help him collect them. In the long term, Mayer gradually made Count William trust himself.
After the death of King Hesse, Count Wilhelm naturally became the new generation king and inherited a large amount of huge inheritance, and Mayer also became the king’s royal financial manager, thus laying the foundation of the family wealth.
Mayer had five sons, of whom Nathan Mayer Rothschild, the third, was the first to go abroad and the most capable and successful.
Nathan came to England alone in 1804 to do business, starting out in the cotton business. At that Time, Europe was in turmoil and war, and some of the German nobles also went into exile in England, including Count Wilhelm, who was very close to the Rothschilds. In order to protect his assets, Count Wilhelm assisted Nathan in his development in England and entrusted Nathan with the purchase of a large number of British bonds, which in turn were given to Nathan for management.
Whenever there was a war, he lent money to various small countries that needed funds, that is to say, he made a lot of money from the war, and gradually became the leading banker in London.
The success of Nathan inspired the ambition of the family members to expand their business to other European countries, and the remaining four brothers opened financial businesses such as banks and securities in Germany, Paris, France, Vienna, Austria, and Naples, Italy, and thus the world’s first multinational bank emerged.
The first multinational bank in the world emerged. The bank’s fortune doubled 2,500 times in a few hours by intelligence
In 1815, the Battle of Waterloo broke out between Britain and France, and the battle was so tied that victory or defeat was unpredictable, the royal family and bankers were worried that if Britain lost, their national bonds would plummet into toilet paper.
As a giant of British banks, Nathan, of course, also holds a large number of bonds, but the moment the battle was revealed, he made a decision, not only in Britain caused a sensation, but also completely overturned the Rothschild family’s power and wealth.
So? On June 18, 1815, the Battle of Waterloo in the suburbs of Brussels, Belgium, the two sides entered the final stage of the battle. By late afternoon, Napoleon’s defeat was almost certain, and a Rothschild courier named Rosewoods witnessed the battle firsthand, and he immediately hastened to Brussels and then to the port of Ostend.
When Rothschild jumped on board a Rothschild Express, which had to have a special pass, it was already late at night in the English Channel with high winds and waves, and after promising to pay 2,000 francs for the boat, Rothschild finally found a sailor to help him cross the Channel overnight. When Rosewoods arrived on the shores of Foxton, England, early in the morning of June 19, Nathan was waiting for him in person. Nathan hastily opened the envelope, read the contents at a glance of 12 lines, and spurred his horse straight to the London Stock Exchange.
Nathan entered the exchange and began to sell all the bonds on hand. This move scared everyone on the exchange, concluding that the banking magnate Nathan must have learned of the news of Britain’s defeat and followed up, causing a panic sell-off of bonds and a plunge in prices.
After several hours of frantic selling, the British bonds naturally became a pile of junk, with a coupon value of only 5%.
At this point, Nathan commissioned his agent to buy all the bonds back again, and the crowd was so surprised that they couldn’t get over it for half a day. Soon, the news of Britain’s victory came, the price of government bonds skyrocketed, and Nathan earned tens of millions of pounds in just a few hours, which was 2,500 times the original assets.
Nathan made more money in that one day than Napoleon and Wellington had made in decades of war combined!
The Rothschild family just turned around and became the largest financial and business group in England at that time. Nathan even took a stake in the largest Bank of England as the largest shareholder, with the right to issue and manage the British currency, essentially mastering the financial system of the world’s number one power at the time.
In other words, the Rothschilds made their fortune on intelligence, which has been rumored for centuries to come and to this day; they are the ones we often hear about now as the highest power holders in deep government, also because they control not only money but also secret information.
Long before the war, the Rothschilds had established their own strategic intelligence gathering and courier system. They set up a large number of secret agents, strategic intelligence spies, called “children” by the family.
These “children” were stationed in all European capitals, major cities, and important trading and commercial centers, allowing all kinds of commercial, political, and other information to travel between London, Paris, Frankfurt, Vienna, and Naples. The efficiency, speed and accuracy of this intelligence system was breathtaking, far exceeding the speed of any official information network, and making it even more difficult for other commercial competitors to compete.
The Battle of Waterloo made Nathan the largest creditor of Britain, thus dominating the future issuance of British public debt, and the Bank of England was controlled by Nathan. The British public debt was the proof of future government taxation, and the various tax obligations paid by the British people became a disguised taxation of the entire population by the Rothschild family banks.
From then on the Rothschild family began to double rapidly, and by 1950, various private sources claimed that the family’s assets were roughly half of the world’s.
The Rothschilds’ trick was to “hold huge sums of money in their hands, get hold of huge intelligence information, enter the game quickly at the necessary moment, and walk away with the whole plate.”
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