Mayer Amschel Bauer-Founder of Business Finance Rothschilds

Mayer Amschel Bauer

Founder of Business Finance Rothschilds
Mayer Amschel Bauer was born in Frankfurt, Germany, in 1743 and died in 1812. He was the son of Moses Amschel Bauer, a usurer and a goldsmith who move from one place to another. After a weary wandering in Eastern Europe, he finally decided to settle in the city where his first son was born. He opened a tavern, store exactly the borrowing and lending money to, in Judenstrasse (Jewish village).


Above the entrance hung trademark tavern, in the form of a red shield (Rothschild). At a very young age Mayer Amschel Bauer Jr. have demonstrated the ability of its enormous intellectual, and his father taught full time for almost everything he knows about the business of borrowing and lending money, as well as knowledge and experience gained from various sources.


Bauer actually crave the elder son to be educated Jewish scholars (Rabbi), but the death that pick makes that dream never materialized. A few years after his father's death, Mayer Amschel Bauer works as a young clerk in a bank Oppenheimer family in Hannover. Ability to quickly see the advantage, and his career took off quickly. He was given the opportunity as a young partner in the ownership of the bank. After he returned to his birthplace in Frankfurt, he bought back his father's business has been built since 1750. Sign "Red shield" that left his father was still hung over the door of the shop.


To honor the memory of the strong imprint of her father who was never released to the trademark "red shield", the young Bauer later changed his family name which he considered entirely incompatible with big dreams of a field that will digelutinya Bauer (German: "farmer") became the Rothschilds , which means "red shield". Since then, a dynasty of the Rothschilds have been born. Wealth accumulation base built in the decade 1760's, when Mayer Amschel Rothschild young people rebuild connections with General von Estorff.



That relationship blossomed when he devoted himself as a messenger for-generals still as an employee during the Oppenheimer Bank in Hannover. When Rothschild know in general who is now assigned to the palace Prince Wilhelm von Hanau has a hobby of collecting kinds of rare coins, without a second thought he took advantage of the situation completely. With the present road types of rare coins at low prices he opened the door of friendship with the general and diverse courtier in the palace of the prince. One day he was introduced directly to Prince Wilhelm personally.


The Prince bought a pile of medals and rare coins from him. This event is the first transaction between a Rothschild with a head of a state. Within a reasonable time Rothschild has developed its business with other princes. Rothschild tried another tactic to ensure his connections with the local prince. He wrote with pride of the noble sentiments rub as he begged them for protection. Tactics succeeded and on 21 September 1769 Rothschild managed to nail the epitome Reference Biography: Hess-Hanau principality in front of her stall as a symbol of the blessing of the prince in question. With letters of gold writing reads, "MA Rothschild. With an abundance of grace appointed as the man of the palace of His Royal Highness Prince Wilhelm von Hanau".


In 1770 Rothschild married Gutele Schnaper who was aged 17 years. They were blessed with 10 children, five boys were named III Amschel, Salomon, Nathan, Karlmann (Karl) and Jacob (James) and 5 women. History records that Wilhelm von Hanau, "the symbol of the kingdom known in Germany since the Middle Ages", is a "human traffickers". For a reasonable price, the prince by ties of blood are closely associated with the royal family in Europe, can be hired to prepare an army of any kingdom. The good is the British royal subscriptions are always short of troops, for the purpose of defusing the North American colonies. Efforts of the prince was very successful with a business that hired soldiers.



When he died he left a legacy in a number unrivaled in Europe at that time, which is $ 200,000,000, - Rothschild biographer Frederic Morton, Prince Wilhelm von Hanau describe as "The Leech-ground of Europe's most cold-blooded". Rothschild in this field acts as a dealer "human cattle" it. He worked very diligently in that position, because when Prince Wilhelm was forced to flee to Denmark, he donated money to Rothschild over 600,000 pounds ($ 3,000,000, -) in the form of deposits. Facts about the other versions that occur can be read on the 'Jewish Encyclopedia', Volume 10, h.494, who wrote, "According to the story by word of mouth, the money is hidden in the jars of wine and got away from Napoleon's army raids when they occupied Frankfurt and the jars were found intact in 1814, when the Elektor (ruler) occupied the electorate again. The facts were somewhat less romantic, but it is. "



Jewish community to explain how the Rothschild save money $ 3,000,000, - it. Rothschild seems to have folded the money Prince Wilhelm. Even before the money into the hands of Rothschild, the money was not clean (not 'kosher', or halal). The money came from the British empire paid to Prince Wilhelm, but not yet paid to the troops who are entitled Rothschild. With that money as capital firm foundation, Mayer Amschel Rothschild decided to open his own business as the first international banker. Several years before Mayer Amschel Rothschild sent a third son, Nathan, to England to run the family business in the country. After a short stay in Manchester, where he worked as a merchant, Nathan, on the orders of his father, moved to London and set up an office that acts as a commercial bank. So that activities can be run, giving Nathan Rothschild also funds three dollars from the proceeds of the money belongs to Prince Wilhelm penilepan Hess earlier. Nathan invested the loot in "gold bullion from the East India Company, knowing it will likely need the gold to Wellington campaign".