Nathan Mayer Rothschild
| Nathan Mayer Rothschild | |
|---|---|
 |
|
| Born |
16 September 1777 Frankfurt, Germany |
| Died | 28 July 1836 (aged 58) Frankfurt, Germany |
| Known for | Rothschild banking family of England |
| Children |
|
| Parent(s) | Mayer Amschel Rothschild |
Nathan Mayer, Freiherr von Rothschild (16 September 1777 – 28 July 1836) was a Jewish German banker, businessman and financier. He was one of five sons of the second generation of the Rothschild banking dynasty. He was born in Frankfurt am Main, the third child of Mayer Amschel Rothschild (1744–1812) and Gutle Schnapper (1753–1849). Once the wealthiest man on earth, he was the richest among the Rothschilds.
In 1798, at the age of 21, he settled in Manchester and established a business in textile trading and finance, later moving to London, England and making a fortune in trading bills of exchange through a banking enterprise begun in 1805.
In 1816, his two elder brothers were granted noble status (Freiherr or Baron) by the Emperor of Austria. They were now permitted to prefix the Rothschild name with von or de. Their device of four arrows became five when Nathan too was elevated in 1818, although he chose not to use his title of Freiherr von Rothschild. In 1838, Queen Victoria authorized the use of this Austrian title in the United Kingdom by his male-line descendants.
On 22 October 1806 in London, he married Hannah Barent-Cohen (1783–1850), daughter of Levy Barent Cohen (1747–1808) and wife Lydia Diamantschleifer. Their children were:
He operated first as a textile merchant in Manchester, then from 1804 he began to deal on the in financial instruments such as foreign bills and government securities.
From 1809 Rothschild began to deal in gold bullion, and developed this as a cornerstone of his business. From 1811 on, in negotiation with Commissary-General John Charles Herries, he undertook to transfer money to pay Wellington's troops, on campaign in Portugal and Spain against Napoleon, and later to make subsidy payments to British allies when these organized new troops after Napoleon's disastrous Russian campaign.
...
Wikipedia