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Financial Managment course project
Finance & Accounting
Pages 5 (1255 words)
Rothschild family Name Professor Course Institution Date The Rothschild family Rothschild family features among the richest family around the world with a net worth of $300-400 billion range (Donald, 2011, p. 40). The family has spread the money across all the generations meaning it is still not easy for it to be considered as depreciating in their wealth.
Discussion of the family riches would involve studying the personal, professional and the financial initiative that makes the family rich. Financial initiative Finance initiative represent a step taken by an individual by showing his willingness to remain strong in gaining market share while trumping the existing competition. The Rothschild family has taken a financial initiative to ensure that they remain economically afloat. One of the major financial initiative taken by the family is the maximizing their concentration in bank investment. Since the foundation by Amschel Rothschild the family has continued, sharpen their ways of bank investment because of the realization that it fetch them more money (Nasar, 2000, p.636). The concentration in banking activities has helped the family in developing better ways of increasing their wealth through their investment. For instance, the family have branches across the UK and US something that has helped in increasing their market share. Establishing branches in the richest zones around the world is enough financial initiative that would have acted as a pinnacle for the wealth of the family. The branches helped the family into reaching a wider market thereby raising their acquisition from the market. ...
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