One of the most interesting questions in the Hollywood circuit about the richest people in the world is what Rothschild net worth is. When people start thinking about the wealthiest and the richest families in the world, the surname of Rothschild family pops into their heads. Sometimes the family is referred to as a legacy and sometimes it is considered to be an empire. However people call it, it is very difficult to miss their name when speaking about the richest families.
Now the family is entering the 7th generation and the whole dynasty of Rothschild family was started by Mayer Amschel Rothschild. He was the one who laid the ground for the growth of Rothschild net worth. Mayer Amschel Rothschild was a Jew who lived in Frankfurt and who established his own banking house. The Mayer started compiling huge sums of money during Napoleonic Wars between the years 1792 – 1815.
He got his sons involved in this business as well and together with their help Mayer Amschel Rothschild established bank offices in London, Paris, Vienna and Naples. However, in 20th century Rothschild bank office in Austria was seized and closed by Nazis. Despite this fact, the family decided to get involved into other activities which would increase Rothschild net worth and this is how industrial companies including railway, coal, ironworking, oil and metallurgical investments were created.
Later, five sons of Mayer Amschel Rothschild became barons of the Austrian Empire. Therefore, The Mayer became the first Jewish person to enter British parliament. Moreover, he was the first to be elevated to the British peerage. In addition, Rothschild family members became to be known as scientists and philanthropists. One of the members of the family Baron Phillipe de Rothschild became a premier winemaker and he also owned the vineyard Mouton-Rothschild. This wine business of Rothschild family is still going on to this day and it is said that the retailing for one bottle of this kind of brand costs a little bit over 1 thousand dollars.
Also, the family is a huge supporter of Jewish communities and is involved in many charities and organizations. They also helped to develop area throughout Israel and were involved into established University in Israel. As of right now, the Rothschild dynasty is divided into two parts – direct descendants and outside shareholders which is one of the reasons why it is so difficult to estimate the real amount of Rothschild net worth, according to Financial Times.