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1、The Rothschilds,By He Tengxin,Currency War,The wappens(徽章),German,The Rothschild family motto,Concordia Integritas Industria Unity(团结) Integrity(诚实) Industry(勤勉),The start,The familys rise to European prominence began in 1744, with the birth of Mayer Rothschild in Frankfurt, Germany, the son of a mo

2、ney changer, who had traded with the Prince of Hesse(黑森公爵 ),and then developed a finance house(金融公司).,The rise,Mayer spread his empire by installing each of his five sons in European cities to conduct business. From these roots, the Rothschild banking business spread rapidly across Europe. (1820-185

3、0),From 1850 the family began to use its newly found wealth. Significant art collections began to grow. (1850-1880) 1865,the family removed the American branch, which was a deadly mistake.,The falling (1880-today),The family suffered great losses in WW I and WW .Especially in WW ,many family members

4、 were killed in holocaust(犹太人大屠杀). Recovery in Post-War Europe was slow. But by the 1960s, the wheels were turning again.,current situation,The turnover(营业额) of the family bank is less than 10 billion ,the benefit is less than 3 billion and the total sum of capital(资本总额) is less than 30 billion. Aft

5、er 200 years, Rothschild remains a respected and effective force in world banking.,The will of Mayer Rothschild (died in 1812):,1.all important posts should be the family members, and only men can take part in commercial activities . 2.marriage only allowed among families, in order to keep wealth wi

6、thin family. 3.never make the wealth republic. 4.lawyers are denied in the process of inheritance of property. 5.the eldest son should be the leader of the family, the younger ones could be only if all families say yes. Anyone goes against the will should lose the right of inheritance,In 100 years ,

7、there were 18 intermarriages (近亲通婚) among the families and 16 of them were between cousins. 肥水不流外人田.,In about 1850, the family wealth altogether is about 6 billion dollars ,if the rate of return is 6%,today ,150 years later, they should have had over at least 50 thousand billion (50万亿) dollars. At the beginning of 20c ,the family possessed half of the wealth in the world.,The Rothschilds & China,Helped Geely buy Volvo,2010. Built Chateau (酒庄) in Penglai ,Shangdong. Be a shareholder

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