Mayer Amschel Rothschild Biography


Birthday: February 23, 1744 (Pisces)

Born In: Frankfurt, Germany

Mayer Amschel Rothschild was a German Jewish Banker who founded the prestigious Rothschild banking dynasty. Commonly referred to as the ‘Founding Father of International Finance,’ he established an extensive business that encompassed not only banking and finance, but also covered other fields like real estate, mining, and winemaking. In 2005, Forbes came out with a list of ‘The Twenty most Influential Businessmen of all time’ where he was placed at the seventh position. During the later part of the 19th Century, the Rothschild family possessed the largest private fortune and wealth in the world. The Rothschilds are also among the most valuable private families in today’s context. The Rothschild dynasty began in the city of Frankfurt which was a major center of trade in the 18th century, with many bankers and wholesale merchants. Towards the late 19th and early 20th centuries, aside from owning the largest banks in the world, Mayer’s descendants engaged in mining, energy, real estate, and winemaking ventures as well. Their affiliation with various political and military rulers combined with the fact that the Rothschild family had finalized major economic deals in several superpower nations have led to several conspiracy theories regarding the family. It is generally believed that the family has major connections with all the leaders of the world and they work together to control the economy via domination of manufacturing industries, finance, and the arms trade.
Quick Facts

German Celebrities Born In February

Also Known As: Anschel

Died At Age: 68


Spouse/Ex-: Guttle Schnapper (m. 1770–1812)

father: Amschel Moses Rothschild

mother: Schönche Rothschild

children: Amschel Mayer von Rothschild, Babette Rothschild, Carl Mayer von Rothschild, Henriette Rothschild, Isabella Rothschild, James Mayer de Rothschild, Julie Rothschild, Nathan Mayer von Rothschild, Salomon Mayer von Rothschild, Schönche Jeannette Rothschild

Bankers German Men

Died on: September 19, 1812

place of death: Frankfurt

  • 1

    What was Mayer Amschel Rothschild's role in the banking industry?

    Mayer Amschel Rothschild was a pioneer in modern banking, establishing a successful financial empire across Europe in the early 19th century.

  • 2

    How did Mayer Amschel Rothschild contribute to the rise of international finance?

    Mayer Amschel Rothschild played a key role in the development of international finance by establishing connections between different financial centers and facilitating trade and investment.

  • 3

    What impact did Mayer Amschel Rothschild have on the economic landscape of Europe?

    Mayer Amschel Rothschild's banking activities helped finance major projects, such as infrastructure development and industrial expansion, shaping the economic landscape of Europe during his time.

  • 4

    How did Mayer Amschel Rothschild's banking methods revolutionize the industry?

    Mayer Amschel Rothschild introduced innovative banking practices, such as using courier services and encrypted communication, which set new standards for efficiency and security in the industry.

  • 5

    What legacy did Mayer Amschel Rothschild leave in the financial world?

    Mayer Amschel Rothschild's legacy includes the establishment of a successful banking dynasty that continues to influence global finance, as well as his contributions to the development of modern banking practices.

Childhood & Early Life
Mayer Amschel Rothschild was born on 23 February 1744 in Free Imperial City of Frankfurt, Holy Roman Empire. His parents were Amschel Moses Rothschild and Schonche Rothschild, and he was one of their eight children.
His father was a businessman and had a trading and currency exchange business. At the time of Mayer’s birth, his father was the personal supplier of coins to the Prince of Hesse.
The Rothschild family was traditionally from Europe. Their ancestry can be traced back to the 16th century.
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Business Career
Mayer Rothschild stepped into the world of finance with the attainment of an apprenticeship under Jacob Wolf Oppenheimer, who was in charge of the banking firm belonging to Simon Wolf Oppenheimer in the city of Hannover in the year 1757.
Jacob, who was the Grandson of Simon Wolf, gave Mayer Rothschild vast knowledge of the banking system in general. Rothschild also received first class training in foreign trade and currency exchange. After his apprenticeship, Rothschild went back home to Frankfurt in 1763, and began to work with his brothers’ business.
Mayer started dealing in various sectors, most importantly rare coins, which ended up winning him the praise and patronage of Crown Prince Wilhelm of Hesse. Prince Wilhelm already held Mayer’s father in high regard and Mayer himself was awarded the title of ‘Court Factor’.
As the Rothschild family’s business continued to grow, Mayer became involved in several other princely courts too. When he was a young man, the French Revolution took place and Rothschild was made in charge of handling payments to Great Britain as they sought to hire mercenaries.
The beginning of the 19th century proved even more fruitful for the Rothschild family as they began to spread their businesses across Europe. Following Napoleon’s invasion of Hesse in 1806, the princely states were taken down from power, but Mayer Rothschild was given permission to continue his banking business, and he began investing heavily in London.
Personal Life
Mayer Amschel Rothschild married Guttle Schnapper in August 1770. She was the daughter of Wolf Salomon Schnapper. The couple had five sons and five daughters. He brought up each of his sons as heirs to his business, teaching them all the important tricks of the trade.
He married all his daughters to Jews who occupied high positions of power or importance. Furthermore, he instructed each one of his sons to replicate his success in Frankfurt in five different cities all across Europe. These cities were financial centers and the hubs of the world’s economy in the colonial world at the time. His sons set up banks and businesses in London, Naples, France, Austria, and Poland.
As the 19th century wore on, the Rothschild banking family became the most powerful and valuable one in Europe. They controlled the currency exchange to such a level that they could dictate the ebb and flow of wars and political confrontations all across Europe.
Mayer Rothschild died on 19 September 1812 in his birthplace of Frankfurt am Main. His body was buried in an old Jewish cemetery at Frankfurt, which was right next to the ghetto, the Judengasse.
His sons and grandsons carried on his legacy by expanding the family business from Europe to overseas. By the end of the 19th century, they had significant influence in the economies of America, England, Germany, Spain, France, Italy, and Austria, who were the leading colonial powers of the world at the time.
Facts About Mayer Amschel Rothschild

Mayer Amschel Rothschild was known for his exceptional ability to assess risks and make calculated financial decisions, which contributed to the success of his banking dynasty.

He had a keen interest in collecting rare coins and artifacts, showcasing his appreciation for history and culture.

Rothschild was a devoted family man, emphasizing the importance of unity and collaboration among his descendants to uphold the family legacy.

Despite his immense wealth, he maintained a humble lifestyle and was known for his philanthropic efforts, supporting various charitable causes.

Rothschild had a passion for education and believed in the power of knowledge, establishing scholarships and funding educational initiatives in the communities where his family operated.

See the events in life of Mayer Amschel Rothschild in Chronological Order

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