Second Runner up: IBS-PFBI Awards for Best case in Managing Family Business in the International Case Study Conference 2015 organized by IBS Hyderabad in collaboration Parampara Family Business Institute, IBSAF and Universiti Utara Malaysia

The Rothschilds: Maintaining 200-year-old legacy of Family Business

The Rothschilds: Maintaining 200-year-old legacy of Family Business
Case Code: FBM004
Case Length: 14 Pages
Period: 1970-2015
Pub Date: 2015
Teaching Note: Available
Price: Rs.600
Organization: Rothschild Group
Industry: Banking
Countries: United Kingdom, Germany, France, Italy
Themes: Family-managed Business
The Rothschilds: Maintaining 200-year-old legacy of Family Business
Abstract Case Intro 1 Case Intro 2 Excerpts

Early Days of the Rothschild Family

Mayer was born in 1744 in a ghetto of Frankfurt known as the Frankfurter Judengasse, which was home to the largest Jewish community in Germany. After losing his parents at the tender age of twelve, Mayer struggled to make his way up to become a court Jew. He joined the banking firm of his father’s colleague, Jacob Wolf Oppenheimer, and later established himself as a rare coin trader. His clients included the prince of Hesse-Kassel. The good connections that Mayer developed during this period earned him the title of court agent. By 1780, Mayer had become a well known trader of coins, medals, and antiques in Frankfurt. He made enough money to buy a new house in 1787. The growing circle of suppliers and customers in his existing business gave him the impetus to move into the banking business by the early 1790s. Over the next few years, Mayer's banking business achieved remarkable growth and, by 1797, he was counted among the richest Jews in Frankfurt. Mayer had 5 sons and 5 daughters. By the end of the 18th century, his banking business had become too big for him to control alone...

Buy this case study (Please select any one of the payment options)

Price: Rs.600
Price: Rs.600
PayPal (13 USD)

Custom Search