In addition, he financed the mercenary soldiers of Hessen. At the same time, he sent his sons to different European countries to launch their banks. This was the first instance of a single business operating on different territories. At the same time, the family continued accumulating wealth by financing wars.
11. They are not as rich as you may think!
Rumors about the untold riches of the Rothschilds are quite exaggerated. They are believed to own $500 trillion, or 80% of the world's wealth. Undoubtedly, this dynasty can boast of an enormous fortune but not that much. The fact is that the dynasty does not have a single business which could constantly generate large sums of money. Over the past years, the Rothschilds have diversified all areas of their activities. One of the largest companies in this family empire is the banking company Rothschild Group.
In 2012, the total fortune of the group was estimated at $1.7 trillion (according to another source, $ 3.2 trillion). In 2015, Forbes made a list of the world's billionaires. Only one representative of the huge Rothschild family was on this list. Benjamin de Rothschild with his $1.61 billion was the 1,121st!
12. Competent investing.
[caption id="attachment_395538" align="alignnone" width="800"] By michael clarke stuff (Cars, Blaye 02 HDR) [CC BY-SA 2.0 or CC BY-SA 2.0], via Wikimedia Commons[/caption]According to established tradition, the great wealth of the Rothschilds is distributed among the numerous members of the family. They make money using different channels: through financial institutions, real estate operations, charitable organizations, as well as through energy supplies and mining. In addition, they own wineries around the world. To expand their empire, they invest money in companies with a limited number of shareholders.
Let's agree that even if you have tons of money, you should know how to wisely manage your fortune and make it bigger. Most importantly, a rich person must think broadly, see all perspectives, and count dozens of moves ahead. The Rothschilds are geniuses in their business!
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