EDIT: THE PURPOSE OF THIS THREAD IS STRICTLY EDUCATIONAL. im not political and this is not a conspiracy theory.
Lets just start of by saying that it is not Bill Gates or Warren Buffet. This is no crazy tinfoil talk, its common knowledge among everyone in the business sphere that the measures used by forbes is greatly flawed as it only accounts to TAXATED money.
Forbes, for one, does not count old, inheirited money, where (believe it or not) most of the actual money that exists today lies.
According to most historicans, economy insiders and even wikipedia, the biggest fortune to ever be measured in the history of mankind was possesed by the european banking dynasty The House of Rothsthild, whose sole fortune was measured to be worth 6 billion USD In 1850. This sum was, in fact, more than half of the amount of money that existed in all of europe at that time.
Taking $6 billion (and assuming no erosion of the wealth base) and compounding that figure at various returns on investment (a conservative range of 4% to 8%) would suggest the following net worth of the Rothschild family enterprise:
$1.9 trillion US (@ 4%) $7.8 trillion US (@ 5%) $31.5 trillion US (@ 6%) $125,189.1 trillion US (@ 7%) $491,409.0 trillion US (@ 8%)
To give these figures some perspective consider these benchmarks:
A little of $300 billion US buys every ounce of gold in every central bank in the world U.S. M3 money supply August 1997 was $5.2 trillion U.S. debt is currently $5.4 trillion. U.S. GDP (1997; 2nd Q.) is $8.03 trillion. George Soros' empire is worth an estimated $20 billion.
400 trillion dollars. (but dont take the numbers to literally)
"I care not what puppet is placed on the throne of England to rule the Empire, ... The man that controls Britain's money supply controls the British Empire. And I control the money supply." - Baron Nathan Mayer Rothschild
Since then,, the Rothschild family has kept a rather low profile. You might ask why "The Economist" doesnt write about this? well, you can find your answer on wikipedia, The Economist (among many other magazines) is directly owned and controlled by Sir Evelyn de Rothschild, cousin to the current Baron lord Jacob.
The Rothschilds made their vast fortune through a network of Federal Banks (they invented the word "federal bank") in all the big capitals of europe, and funded (issued loans with huge interest) both sides of many wars along with the industrialization and all railroads built in europe. Thanks to their splendid network of information, they always knew what was happening in europe, and they could always invest with huge profits. You might think that our federal, "national" banks are owned by the government, but they are not.
The same goes for the Federal Reserve, wich Rothschild owns a part of.
almost all nations have huge governal debts. to who? well, the Rothschild "owns" a considerable share of it. And Forbes doesnt count that kind of money,
this little youtube video shows a fraction of the familys palaces and properties built during the 19th century. (the song is the original version of the song "if i was a rich man" from the musical fiddler on the roof,"If i was a rothschild".
People like Bill Gates and Mark zuckerberg are just middle class people who happened to make a lot of money. but their money and power is nothing compared to the true upper class that has ruled the western world for hundreds of years. Bill Gates is just a scapegoat to divert attention from the big sharks.
Why am i brining this up? well, because i think its about time people realize how the system works. 99% of the worlds money is controlled by a small group of people (not just the rothschild family). This is all verified historical facts, none of this is crazy conspiracy talk. I learned most of this during my academic studies, so you can learn this at your local university if you take a course in economic history.
The House of Rothschild. Money’s Prophets, 1798–1848, Viking Books, 1998, ISBN 0-670-85768-8. The House of Rothschild: The World’s Banker, 1849–1999, Viking Books, 1999, ISBN 0-670-88794-3
You might ask, What are the Rothschilds doing today?
The heir to the english branch, Nat Rothschild, recently bought up almost all of the remaining Coal and Aluminium reserves in the world.
His Cousin, David, is one of the most prominent spokesmen for the climate change and he has written several books on the subject. The Rothschilds are one of the biggest pushers for the climate change debate.
Sir Evelyn de Rothschild is married to an american woman called Lynn Forester, just to use her as his prolonged arm to fund american president campaigns and gain control of the US. Her Lobby group is one of the most influental ones in america and she was a big supporter of Hillary Clinton.
Yeah I know about them to the same extent you do, which is sadly nothing at all (all off us know nothing about them)
For all of you who dont know when people say the world is run by an illuminati, They may not know it but they mean the Rothschild(or mabye freemasons, but its more unlikely that they are an illuminati).
On November 10 2011 07:54 sc2holar wrote: The Rothschilds made their vast fortune through a network of Federal Banks (they invented the word "federal bank") in all the big capitals of europe, and funded (issued loans with huge interest) both sides of many wars along with the industrialization and all railroads built in europe. Thanks to their splendid network of information, they always knew what was happening in europe, and they could always invest with huge profits. You might think that our federal, "national" banks are owned by the government, but they are not.
This is bullshit. It varies greatly from country to country.
On November 10 2011 08:00 jubil wrote: Thought for sure if this was a historical discussion the Medici family would be brought up. I guess they're not quite as prominent nowadays...
i would say they are still well known, at least in our schools we were taught about them.
Think this is better off named, "Who were the richest people in the world?" Rothschilds dwarfed others of their era, it's true. But now, they are dwarfed by the vast majority of people who did not inherit their money.
Why am i brining this up? well, because i think its about time people realize how the system works. 99% of the worlds money is controlled by a small group of people (not just the rothschild family). This is all verified historical facts, none of this is crazy conspiracy talk. I learned most of this during my academic studies, so you can learn this at your local university if you take a course in economic history.
As free trade increased and technology progressed, less and less of the wealthiest people merely got their riches from daddy. Forbes top 400 list changes all the time. Being on it one year is no guarantee on being on it the next. You merely have spots of inherited money, and no real dominance of it.
But you say, THE MEASURING IS FLAWED! Secret old wealth really controls everything, from The Economist to The Fed! It's pretty encouraging speaking from the outside saying how this analysis is dead wrong, but putting forth just hints and whispers as to why your analysis is the true, right one. Let's see some prominent scholars reporting on the real concentration of wealth, let's see their sources of fact. You rip down Forbes's list, and put up nothing.
It must also be said that the Rothschilds in many ways founded and financed the state of Israel. The comission signed by the queen of england that gave birth to the state of Israel was written by the current Baron, and The Rothschilds have donated money to build both the Israeli state house (knesset) and the grand court house.
I understand that a small number of people are extremely wealthy... I'm still waiting for someone to tell me why I should care, or to provide some type of evidence that this group of people have done specific, sinister things.
But I guess in modernspeak, just being extremely wealthy is itself sinister and scary.