Descending from Mayer Amschel Rothschild, the Rothschild family is a wealthy clan who is considered to be the richest family in the world. At its peak, Rothschild net worth was estimated to be $ 500 billion.
The family possessed the largest private fortune in the world, during the 19th century and still today the family members hold a key position in certain sectors. During the previous century, the family wealth was divided over and over again in between the members. Thier businesses encompass a diverse range of fields, which includes mixed farming, financial services, energy, mining, real estate, and charities.
Rothschild net worth : $ 500 billion
Note: this is not the individual net worth rather it was the collective net worth of the whole Rothschild family at its peak. At present, Jacob Rothschild Net Worth is estimated to be $ 5 billion. Member of the family, he is a British investor, who founded J. Rothschild Assurance Group.
Facts about Rothschild that you need to know:
1.Nathan Mayer Rothschild helped in winning the Napoleonic Wars
The Napoleonic Wars began in 1803 and ended after 12 years in 1815. It was towards the end of the war that Rothschild family indirectly entered against Napoleon. As it was after many years that Napoleon’s war efforts became a threat to their family business. Thus Nathan Mayer Rothschild-financed British allies with $ 10 million. Now the sum may look less but one thing to consider here is the date, which was 1815. If we compare the sum in regards to today’s inflation, then the sum would be $900 million USD.
2. They are the ones behind the Suez Canal and the Country of Brazil.
With their insane bank balance, they usually contributed to many major projects in the world. One of them was the construction of the Suez Canal. They were also influential in Britain’s decision to purchase shares in the canal. Although it also led to some political issue due to that decision.
Rothschild also helped Brazil in liberating from Portugal by arranging for the £2 million fee. However, they later earned some decent profits in the form of huge interest on the loans.
3. In the modern era, Rothschild is the wealthiest family in the world with their combined net worth.
It may be surprising that they are nowhere included in the Forbes list featuring the richest families. It’s mainly because, over the time, their fortune has been divided again and again. Previously their net worth was estimated to be $ 500 million. However, as of now, their combined worth is around $ 350 million, which still makes them the wealthiest family in the world.