True story of the RICHEST family in history that CONTROLS Everything |
The story begins with Mayor Rath Child, who was born in 1744 in Frankfurt, Germany, his family. She was a Jew and there was a lot of discrimination against the Jews at that time, so much discrimination that the Jews were then kept in a small settlement called Juden Gasse outside the town of Frankfurt and this place was so congested that Mayor Rath Child had a small house here whose width was only 11 feet and more than 30 people lived in it. Mayor Rath Child first started dealing with gold coins. After many years of hard work, Mayor became so successful that Then he started dealing with the richest royal family of Europe, even the entire wealth and finance of Prince William was being managed by the mayor. The mayor had become rich but he was not happy with it. For this, he did two very smart things which no one had thought of at that time. The first strategy was that as soon as the mayor came to know that a lot of gold coins were being collected from Prince William Market, Before this news spread in the market, mayors used to borrow a lot of gold coins and buy them from the market at cheap prices and as soon as the news spread in the market that Prince William is going to buy thousands or millions of pounds of gold coins, then suddenly Due to demand, many people would start buying all the gold coins due to which the price of gold coins would increase a lot and exactly at this time the mayor would sell all the coins he had bought in the market and earn a lot of profit and today This is what people call front running in the world of trading and investing. The second decision was that in the beginning of 1800, Industrial Revolution was going on all over Europe and many countries were competing with each other or they were fighting with each other. Knew that this was a huge opportunity for his family and if he wanted to take advantage of this Industrial Revolution and War, he would have to expand his banking empire beyond Frankfurt to the whole of Europe, so he sent his five sons to these five largest banking empires in Europe. Sent to be set up in important financial centers and this decision of theirs was going to change the fate of Rath Child family. These five financial centers were London, Paris, Vienna, Naples and Frankfurt.
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These five financial centers will appear far away from each other in the map but these five Raths The Child brothers set up their banking institutions here so well that despite being far away from each other, all the banks worked like a single bank. These five brothers used to take all the decisions together and their network was very strong, but the one among them was the most. He was a talented brother, his name was Nathan Mayer Rath Child, who had come to set up in London with only Rs 15 to 16 lakhs, but within a few years, he became so successful that he was earning profits worth thousands of crores every year. In 1811, Nathan See Child and Sons, a bank establishment bigger than its father in London