Mayer Amschel Rothschild had inherited a small goods-trading and currency exchange business from his German Jewish father Amschel Moses Rothschild and realized that loaning money to governments and kings was more profitable than loaning to individuals or companies. Not only were the loans bigger, but they were secured by the nation’s taxes.
Amschel Rothchild had five sons and they were sent out to major capitals to open branches of the family banking business.
Amschel Mayer Rothschild in Frankfurt, Solomon Rothschild in Vienna, Nathan Rothschild in London, Carl Rothschild in Naples, and James Rothschild in Paris.
They were the wealthiest family in the world, even more so than Kings and Queens.
Five Sons Of Mayer Amschel Rothschild