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January 27, 2012

Top 10 Most Powerful Families In History
10: Rothschild Family
The Rothschild family (often referred to simply as the Rothschilds), is an international banking and finance dynasty of German Jewish origin that established operations across Europe, and was ennobled by the Austrian and British governments. The family’s rise to international prominence began with Mayer Amschel Rothschild (1744–1812 – pictured above), whose strategy for future success was to keep control of their businesses in family hands, allowing them to maintain full discretion about the size of their wealth and their business achievements. Mayer Rothschild successfully kept the fortune in the family with carefully arranged marriages between closely related family members. Nathan Mayer Rothschild started his London business, N. M. Rothschild and Sons in 1811 at New Court in St Swithin’s Lane, City of London, where it still trades today. In 1818, he arranged a £5 million loan to the Prussian government, and the issuing of bonds for government loans formed a mainstay of his bank’s business. He gained a position of such power in the City of London that by 1825–6 he was able to supply enough coin to the Bank of England to enable it to avert a market liquidity crisis.
Full article: 10 most powerful families

Top 10 Most Powerful Families In History

10: Rothschild Family

The Rothschild family (often referred to simply as the Rothschilds), is an international banking and finance dynasty of German Jewish origin that established operations across Europe, and was ennobled by the Austrian and British governments. The family’s rise to international prominence began with Mayer Amschel Rothschild (1744–1812 – pictured above), whose strategy for future success was to keep control of their businesses in family hands, allowing them to maintain full discretion about the size of their wealth and their business achievements. Mayer Rothschild successfully kept the fortune in the family with carefully arranged marriages between closely related family members. Nathan Mayer Rothschild started his London business, N. M. Rothschild and Sons in 1811 at New Court in St Swithin’s Lane, City of London, where it still trades today. In 1818, he arranged a £5 million loan to the Prussian government, and the issuing of bonds for government loans formed a mainstay of his bank’s business. He gained a position of such power in the City of London that by 1825–6 he was able to supply enough coin to the Bank of England to enable it to avert a market liquidity crisis.

Full article: 10 most powerful families

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(Notes: 26)