The Rothschild family is a European family of German Jewish origin that established European banking and finance houses from the late eighteenth century. The Rothschild family was founded by Mayer Amschel Rothschild. Wanting his sons to succeed on their own and to expand the family business across Europe, he had his eldest son remain in Frankfurt, while his four other sons were sent to different European cities with the mission of establishing a financial institution to invest in business and provide banking services. Endogamy within the family was an essential part of the Rothschild strategy in order to ensure control of their wealth remained in family hands. Through their collaborative efforts, the Rothschilds rose to prominence in a variety of banking endeavours including loans, governm