When humans look into wealth management blogs, it ' s not blameless to find the latest investing tips or ways to mastermind their wealth ( or projected wealth ) but it ' s more to find out how to make those investments and their filthy lucre last. One of the best teachers would be history. It would be good for the budding financier to take a look at the oldest family corporations and see how they have managed their finances, whether on the stock market or in active business. Think of it as an insurance for the money that they will be making in the future!
One good family corporation to study would be the Rothschilds. This banking family established control over most of Europe starting with the patriarch, Mayer Amschel von Rothschild, originally from Frankfurt, Germany who sent his sons to major cities across Europe, namely in London, Vienna, Paris, and Naples. From this man we see the truth in the maxim " Never put your eggs in one basket. " Aside from investing in different major cities, they also started up varying businesses, with their base in banking and spreading out to textiles, bullion trade, mining, and transport. While not having the formidable power that they had before the Second World War, the Rothschilds still wield great wealth and influence over most of the major industries in the world. One such company is the Chateau Mouton Rothschild, one of the more famous wine labels in the entire world.
Their counterpart in Asia would have to be Jardine Matheson, a company started with such romanticism that it spawned a best - seller, a television mini - series, and a movie. One of the oldest companies in East Asia, Jardine Matheson Holdings, Ltd. is a company of British origin that established itself as a major player in the birth of Hong Kong by Jardine Matheson himself. Today based in Bermuda, this multinational company also has varied holdings in consumer marketing, construction and engineering, supermarkets, motor vehicles, hotels, and insurance. Deriving most of its income from Asia, notably China and Hong Kong, it also see great profits from other Asian countries like Malaysia and the Philippines, North America, and Europe.
