Rothschilds Net Worth
Rothschilds Net Worth: Rothschilds are a family of businessmen and women who own multiple banking and financial institutions, wineries, and properties and have an estimated net worth of $400 billion dollars. Considered the most wealthy and powerful family in the world, the Rothschilds amassed their first fortune in the early 1800′s and have continued to gain power and wealth to this day. The family descends from Mayer Amschel Rothschild, a court Jew to the Landgraves of Hesse-Kassel in Frankfurt, who established his banking business in the 1760s. Unlike most previous court Jews, Rothschild managed to bequeath his wealth, and established an international banking family through his five sons. During the 19th century, when it was at its height, the Rothschild family is believed by some to have possessed the largest private fortune in the world as well as the largest fortune in modern world history. The family's wealth is believed to have subsequently declined, as it was divided amongst hundreds of descendants. Today, Rothschild businesses are far less well known than they were throughout the 19th century, although they encompass a diverse range of fields, including finance, mining, energy, mixed farming, wine, and charities. Since 2003, a group of Rothschild banks have been controlled by Rothschild Continuation Holdings, a Swiss-registered holding company under the chairmanship of Baron David René de Rothschild.