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Profile: The House of Rothschild + The Family Board Meeting

The Rothschild banking family remains one of the most recognisable names in multigenerational family
The Business of Family
Profile: The House of Rothschild + The Family Board Meeting
By Mike Boyd • Issue #10 • View online
The Rothschild banking family remains one of the most recognisable names in multigenerational family wealth.
One of the things I find most interesting about the family is why we know the name so well. Permanence and longevity is one factor, the other is that their family history is so well collated, collected and often debated.
As I’ve written about before, I think documenting family history in an “archive” is an incredibly powerful form of storytelling which helps keep families connected to their prior generations and achievements. The Rothschild’s take the concept very seriously and the results speak for themselves.

The success of the Rothschild family business owes much to the cooperation of the original partnership of the five sons of Mayer Amschel Rothschild, who developed businesses in five European capitals: Frankfurt, London, Paris, Vienna and Naples. Working in close harmony, the family rose to prominence in a number of business sectors including bullion, government bonds, railway and mining finance.[1]
More than 200 years and much upheaval later, the family dynasty is still intact. The core banking business is now in the hands of the seventh generation and largely still owned by descendants of Mayer Amschel, although the family recently appointed a non-relative as chief executive for the first time in its history.
Coat of arms granted to the Barons Rothschild in 1822
Coat of arms granted to the Barons Rothschild in 1822
The Rothschild family take their name from the house they occupied in the Judengasse in Frankfurt -‘zum Roten Schild’ (house of the Red Shield). The origins of the family coat of arms can be traced back to 1817.
The Rothschild coat of arms contains a clenched fist with five arrows symbolising the five dynasties established by the five sons of Mayer Rothschild, in a reference to Psalm 127: “Like arrows in the hands of a warrior, so are the children of one’s youth.
The family motto which appears below the shield: Concordia, Integritas, Industria (Unity, Integrity, Industry) can be traced back to 1822.
The Rothschild Archive
The Rothschild Archive was established in 1978 by Victor, 3rd Lord Rothschild. In 1999 the ownership of the Archive was transferred to The Rothschild Archive Trust, an independent body of family members and advisers committed to securing the future of the collection and to developing its use by the academic community.
The purpose of the Archive is to collect, preserve and promote the archives of the Rothschild businesses and family.
The Trustees of The Rothschild Archive Trust administer the Archive as an independent charitable trust in purpose-built premises made available within the offices of the London business.
The Rothschild Archive maintains a comprehensive bibliography of works written and published by members of the Rothschild family. 
The Rothschild Bibliography includes over 2,000 works on a great variety of topics, including:
  • Memoirs
  • Autobiographies
  • Biographies
  • Travel journals
  • Rothschild estates
  • Catalogues of collections
  • Family histories
  • Plays
  • Poems
  • Novels
  • Wine
The Rothschild Archive
This Week's Podcast Episode:
If you feel it’s appropriate, please take 30 seconds to leave a review on iTunes. I’m notified of every review. Thank you so much for your support!
“What I’ve told my kids is our wealth is tied to certain core values. I will give you opportunities that I did not have. I will help set up those things, but I won’t do the push-ups for you.” – Jim Sheils [21:47]
Interesting links:
Book: The Family Board Meeting
A Rothschild Broke From Dynasty and Still Became Super Rich - Bloomberg
1934 Movie: The House of Rothschild : Free Download, Borrow, and Streaming : Internet Archive
The family history of the Rothschilds | Tatler
Stay in touch
Mike Boyd is the co-owner and CEO of the Vroom Group, Founder of Prosura Insurance, Investor at Mudbrick Capital, Host of The Business of Family Podcast and an active member of YPO.
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Mike Boyd

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