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The Rothschild family is a wealthy Ashkenazi Jewish noble banking family originally from Frankfurt , Germany. The family's documented history starts in 16th-century Frankfurt; its name is derived from the family house, Rothschild, built by Isaak Elchanan Bacharach in Frankfurt in 1567.
The family rose to prominence with Mayer Amschel Rothschild (1744–1812), a court factor to the German Landgraves of Hesse-Kassel in the Free City of Frankfurt , Holy Roman Empire, who established his banking business in the 1760s. [2] Unlike most previous court factors, Rothschild managed to bequeath his wealth and established an international banking family through his five sons, [3] who established businesses in Paris , Frankfurt, London , Vienna , and Naples . The family was elevated to noble rank in the Holy Roman Empire and the United Kingdom .
The only subsisting branches of the family are the French and British ones. [4] [5] During the 19th century, the Rothschild family possessed the largest private fortune in the world, as well as in modern world history. [6] [7] [8] The Rothschild family dominated international finance in Europe between the 1820s and the 1870s, when their hegemony over European finance was broken by joint stock banks. [9] The family's wealth declined over the 20th century and was divided among many descendants. [10] Today, their assets cover a diverse range of sectors, including financial services , real estate , mining , energy , agriculture , and winemaking . The family additionally has philanthropic endeavours and nonprofits. [11] [12] Many examples of the family's rural architecture exist across northwestern Europe.
The Rothschild family has frequently been the subject of antisemitic conspiracy theories . Support the show Follow Code Black with Madison King
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