You might think that such an expression appeared in our age of computer technology, but this is not at all the case. This phrase was said more than once by the founder of the Rothschild dynasty - Mayer Amschel.
As a child, no one could have thought that this orphan boy would create an entire financial empire and become one of the richest people in the world. His father, Amschel Moses Bauer, owned a small exchange office, the entrance to which was decorated with a red sign. In 1754, Amschel Moses died, and soon his wife was gone. Their 11 year old son
Mayer Amschel was sent to a free school for orphans, where he studied, frankly, it does not matter. Following the example of his father, he became interested in numismatics - he looked for old coins and resold them to collectors.
A few years later, the young man opened his own antique shop, and then became one of the most successful financiers in Europe. During this time, he changes his last name Bauer to Rothschild. Why Rothschild? Translated from German, it means "red sign". It was this that flaunted at the entrance to his father's shop.
Mayer Amschel Rothschild died on September 19, 1812, leaving his five sons a multimillion-dollar inheritance and a fatherly order: "He who owns information owns the world." And these were not just words. The Rothschild eldest sons' advice was successfully applied after a few years.
In 1814, the Emperor of France Napoleon Bonaparte was exiled to the island of Elba, from where he soon fled safely and regained power. A coalition of European monarchs opposed the rebellious emperor, and on June 18, 1815, the decisive battle of Waterloo took place. Naturally, there were no modern means of communication at that time, therefore, they learned about the result of the battle in European capitals only a few days later. But the Rothschilds, who had an excellent network of agents throughout Europe, were aware of Napoleon's defeat a day earlier than the official news.
On June 20, 1815, one of the Rothschild brothers, Nathan, came gloomily to the London Stock Exchange and began feverishly selling England's government bonds. However, there were few who wanted to buy bonds - everyone immediately realized that the British army had suffered a crushing defeat, which means that the bonds of this country must be urgently disposed of. Immediately, following the example of Rothschild, everyone began to sell them, and the security soon fell to a wrapping value.
But the agents of the Rothschilds did not waste time in vain, buying up bonds at the lowest price. The next day, the message came that Napoleon had been defeated at Waterloo. Naturally, after such news, British bonds rose sharply in price, but most of them by that time were already in the hands of the Rothschilds. In one day, the net profit of the clan of financial tycoons amounted to more than 200 million pounds. Father's will turned out to be very useful.
It is interesting that the compilers of the famous Guinness Book of Records remembered about such financial transactions of the Rothschild brothers at the beginning of the nineteenth century after a century and a half. Nathan Rothschild was included in it as the best financier of all time.