Wednesday, October 30, 2013

Four Lessons from the House of Rothschild

I've always been fascinated with the Rothschild family. For those unfamiliar, the Rothchild's are a European banking and financial dynasty, owners of the Château Lafite Rothschild and Château Mouton Rothschild wine estates, and one of the wealthiest and most influential families in the world. The Rothchild's have an extremely interesting family history, an examination of which offers valuable insights into surviving turbulent times.

The Rothschild family dynasty began in the second half of the 18th century with Mayer Amschel Rothschild. Mayer Rothschild was born into the Judengasse, or "Jew Alley", in Frankfurt, Germany, in 1744. At that time all Jews in the city were required to live in that ghetto, which was locked at night, on Sundays, and on all Christian holidays. Jews were not allowed to own property, were forced to pay special taxes, were required to wear yellow markers on their clothing, and had to step aside whenever a Christian was walking on the same walkway as them. It was unlawful for Jews to pursue most professions.