Rothschild Family Wealth is Five Times That of World’s Top 8 Billionaires Combined

Rothschild Family Wealth is Five Times That of World’s Top 8 Billionaires Combined

January 20, 2017

Waking Times - A recent report by Oxfam International highlights the dramatic rise in income equality by noting that the combined wealth of the world’s top 8 individual billionaires is more than the lower half of the world’s population, some 3.6 billion people. The intention of the report was to bring awareness to the unfairness and injustice inherent in our global economic system.

“It calls for a fundamental change in the way we manage our economies so that they work for all people, and not just a fortunate few.” [Oxfam]

Listed below are the 8 billionaires along with their estimated wealth, which combined equals $426.2 billion.

Bill Gates – $75 b
Amancio Ortega – $67 b
Warren Buffett – $60.8 b
Carlos Slim Helu – $50 b
Jeff Bezos – $45.2 b
Mark Zuckerberg – $44.6 b
Larry Ellison – $43.6 b
Michael Bllomberg – $40 b

Oxfam’s assertion is that world economies are mismanaged in favor of the wealthy, which is largely true, however, the report failed to hit the mark on this serious issue by not acknowledging the greatest problem with the world’s economy, which is the global central banking model of privately owned debt-based fiat currencies.

The current banking model is the product of hundreds of years of planned development, structuring, manipulation, force and trickery which began in earnest with Mayer Amschel Rothschild, who first established banking and finance houses in Germany in the 18th century.

The careful cultivation of his wealth with the assistance of his five sons allowed Rothschild to profit immensely during the French Revolution by providing financing and war materials to Austria, which in turn allowed the budding family empire to evolve into a multi-national organization, henceforth becoming a major financier of industry and war.

“Around that time, Rothschild sent his five sons to live in the capital cities of various European countries. His goal was to have each of his children establish a banking business in Frankfurt, Naples, Vienna, Paris, and London, and throughout the 1800s, they did. With Mayer Rothschild’s children spread across Europe, the Rothschilds became the first bank to transcend borders. Lending to governments to finance war operations for the past several centuries provided ample opportunity to accumulate bonds and shore up additional wealth in a range of different industries.” [Source]

Fast forward to 2016, the Rothschild family is a dynasty of unimaginable wealth which manages to somehow conceal it for the most part, never quite being publicly credited as the richest and most influential family in the world. By dividing their capital and holdings up amongst the many members of the family, including numerous descendants and heirs, occasionally a single member of the family will appear on a list of the world’s top individuals, however, the family as a whole represents the largest fortune ever known.

“Traditionally, the Rothschild fortune is invested in closely held corporations. Most family members are employed by these corporations directly or invested in operations that generate family wealth. The remarkable success of the family has largely been due to a strong interest in cooperation, being entrepreneurs and the practice of shrewd business principles.” [Source]

Investopedia estimates the family’s total wealth at over $2 trillion in assets and holdings, including some of the world’s oldest living corporations:

“…their holdings span a number of diverse industries, including financial services, real estate, mining, energy and even charitable work.There are a few Rothschild-owned financial institutions still operating in Europe, including N M Rothschild & Sons Ltd in the United Kingdom, and Edmond de Rothschild Group in Switzerland. The family also owns more than a dozen wineries in North America, Europe, South America, South Africa and Australia.” [Source]

At $2 trillion plus, the family’s reported wealth is closing in on five times as much as the combined wealth of the world’s top 8 individual billionaires, meaning that the Rothschild family alone controls more wealth than perhaps three-fourths or more of the world’s total population.

Mark Zuckerberg's Charitable Contribution is to Himself  So He and Other Elitists Can Shape the World in Their Own Images Against the "Useless Eaters"

The move is not surprising given that five years ago Zuckerberg signed the "Giving Pledge" — along with other tech billionaires such as Bill Gates — to give away the majority of his wealth.

Bill Gates and other elitists claim that their plans will reduce global poverty. And they will, but not in the way they would have you believe. The elitists plan to reduce global poverty by eliminating the poor in the world through vaccines, control of the global food supply, GMOs, control over growing your own food, control of vitamins and herbal supplements, control of clean water, control of health care, and control of cheap forms of energy. If you think this won't affect you, just remember that the gap between rich and poor is growing rapidly until one day soon there will be only the rich and the poor, and you will be the next target for elimination. The power elite want to reduce the world's population down to 500 million — chances are, you're not one of their chosen few.  

Let me explain how this works for those of you that know absolutely nothing about asset protection. Remember my words whenever you hear some really rich guy telling you he is donating all his money to charity rather than leave it to his kids....IT IS ALL A SCAM. Here is how it works... A charitable trust is established which focuses on the interests of the person for whom the trust is established. (Bill Gates and Warren Buffet have theirs.) Over time, assets that generate income such as stocks are transferred to the trust to support the causes as previously mentioned. Upon the establishers death the remaining assets are transferred to the trust to continue the mission.....Thus avoiding the 55% estate tax.... So where's the scam? Guess who manages the charity? The kids of the person who established the trust, and they are paid a respectable amount per year for their service...say about 3%. That is $1.25B per year to Zuckerberg's heirs for NOTHING. The tax laws protect the ultra rich. Just don't think they are really giving anything away. They are protecting their wealth. [NeoGeo at Yahoo]

Let's not be naive - without knowing anything about this story, we can all still assume it's first and foremost a way to shield his money from taxes and regulation. Probably taking a page from the success of the Clinton Foundation. If he owns Facebook stock there are all kinds of rules about insider trading, reporting, taxes, announcing planned sales, etc... But if you put all the money in a "charity" that you control then there are suddenly a lot fewer rules and penalties to deal with. I'm sure any money going out of the charity will go to quasi-political organizations that promote increasing immigration so he can hire cheaper workers and fire Americans or other groups that promote his liberal leanings or that help his business. I doubt we'll see much of the money going to soup kitchens and Special Olympics. And as long as he keeps making donations to the right politicians he can guarantee he will never get audited or even questioned by law enforcement. [Raul at Yahoo]

People are inexplicably upset about Mark Zuckerberg's decision to "give away" 99% of his fortune

December 2, 2015

Yahoo Finance - Mark Zuckerberg's announcement on Tuesday that he would be giving away 99% of his Facebook stock to "advance human potential and promote equality" was greeted with universal cheers, right?

Well, no.

There were a lot of people who found bad things to say about the announcement.

They fell into several camps.

The 'gotcha — it's not really a charity!' camp

BuzzFeed pointed out that the organization they're donating to, the Chan Zuckerberg Initiative, is a corporation — an LLC — rather than a nonprofit charity. In addition, the initiative won't necessarily be donating all the money to charitable causes — it will also make private investments and do things like advocacy work and lobbying.

Entrepreneur Anil Dash called the structure of the giveaway "clearly flawed," but admitted that:

It's impossible to know how much of those flaws are about ulterior corporatist goals and how much are accommodations of arcane regulations. For example, almost all non-profit organizations are founded as conventional corporations and then converted after the fact, so starting as an LLC may not be an indicator of future purpose.

As Bloomberg explains, setting up the organization as an LLC allows it to spend money on lobbying, earn money to reinvest in the organization, do joint ventures with fewer restrictions, and lets them give away money at a pace they determine rather than the mandatory 5% per year for non-profits.

The 'Zuck sucks' camp

Gawker pointed out that Zuckerberg's donation is going toward furthering the things that he thinks would help the world, which are not necessarily the things that other people think would help the world.

For instance, the writer called Zuckerberg's question "Can you learn and experience 100 times more than we do today?" a "patently hellish" vision that could only be hatched by a "technocrat." 

The "billionaires don't know anything" camp

There were several takes with this angle. Dash pointed out that most charitable contributions don't really help society:

No matter how good their intentions, the net result of most such efforts has typically been neutral at best, and can sometimes be deeply destructive. The most valuable path may well be to simply invest this enormous pool of resources in the people and institutions that are already doing this work (including, yes, public institutions funded by tax dollars) and trust that they know their domains better than someone who’s already got a pretty demanding day job.

 

A lot of folks linked to a 2010 Der Spiegel interview with businessman Peter Kramer, who argued that billionaires in the U.S. who give their money away are implicitly saying that they know better how to help society than government does:

It is all just a bad transfer of power from the state to billionaires. So it's not the state that determines what is good for the people, but rather the rich want to decide. That's a development that I find really bad. What legitimacy do these people have to decide where massive sums of money will flow?

UN Climate Change Deal is a Transfer of Wealth from Public Treasuries [Funded by Income Taxes and a Future Carbon Tax] to "Private Investors" (the Power Elite) Through the Breakthrough Energy Coalition, the Emissions Innovation Program, and the Clean Tech Initiative Announced by Bill Gates on November 29, 2015

NOTE THAT GATES CLEARLY STATES THAT THE COALITION IS A GROUP OF "PRIVATE INVESTORS;" THEY ARE THE TINY ELITE THAT WILL PERSONALLY BENEFIT FROM A CARBON TAX WHICH WILL IMPACT ALMOST EVERY ASPECT OF OUR LIVES

“Only our governments have the mandate to protect the public interest as well as the resources and mechanisms to do this,” says a statement released early Monday in Paris by the private investors in the Breakthrough Energy Coalition. “However, current governmental funding levels for clean energy are simply insufficient to meet the challenges before us.” [Source, November 30, 2015]

After announcing the Mission Innovation program to convince nations to double their clean energy investment budgets, Bill Gates has launched another massive initiative at the United Nations Climate Change conference in Paris. The Breakthrough Energy Coalition is backed by a who's who of tech leaders, including Mark Zuckerberg, Jeff Bezos, Jack Ma and Richard Branson. The idea is to develop new green technology that will increase the world's energy output -- especially in poor countries -- without contributing to global warming. Such tech, however, poses a risk that regular investors might shy away from. "We need the basic research, but we need to pair that with people who are willing to fund high-risk, breakthrough energy companies," said Gates. [Source, November 30, 2015]

Microsoft co-founder Bill Gates is set to reveal a massive clean energy project on Monday, during the first day of the United Nations climate change summit in Paris. According to Reuters, which originally reported the news, the French government has confirmed that the ex-CEO-turned-philanthropist will launch the Clean Tech Initiative, a push to commit countries to double their budgets on clean energy tech research and developments by 2020. But Gates won't be working on this multibillion dollar fund alone: The US, Australia, Canada, France, India, Indonesia, Norway, Saudi Arabia and South Korea will all be backing the plan, a person familiar with the matter told Reuters. The Clean Tech Initiative is also said to involve private investors, such as Gates himself, where they're expected to boost their contributions to help the cause. [Source, November 27th 2015 ]

From The Associated Press on November 29, 2015:

A big sticking point at the climate talks in Paris will be money: how much rich countries should invest to help poor countries cope with climate change, how much should be invested in renewable energy, and how much traditional oil and gas producers stand to lose if countries agree to forever reduce emissions.

Government and business leaders are banking on clean energy technology to fight global warming, kicking off this week’s high-stakes climate change negotiations by pledging billions of dollars [from income taxes and a future carbon tax] to research and develop a technical fix to the planet’s climate woes.

Microsoft founder and philanthropist Bill Gates, President Barack Obama and French President Francois Hollande will launch a joint initiative on Monday after a diplomatic push in recent weeks ahead of the Paris climate conference.

At least 19 governments and 28 leading world investors, including Facebook founder Mark Zuckerberg, billionaires George Soros and Saudi Prince Alaweed bin Talal, and Jack Ma of China’s Alibaba, have signed on so far.

The new initiative is twofold: a public-private project called Mission Innovation, led by governments, and the Gates-led investor group called the Breakthrough Energy Initiative.

The governments pledge to double their spending [of public treasuries funded by taxing citizens] on low or no-carbon energy over the next five years, according to Brian Deese, senior adviser to Obama on climate and energy issues. They include leading energy producers and consumers, such as the U.S. China, India, Brazil, Saudi Arabia, Australia, Canada, France and Norway. They currently invest about $10 billion a year total, about half of which comes from the U.S. [taxpayers], Deese told reporters in Washington.

Gates committed $1 billion of his money and was the “intellectual architect” behind the effort to get investors involved, U.S. Energy Secretary Ernest Moniz said. The business leaders are making their pledges conditional on governments also pledging more money, said a former U.S. government official who is familiar with the plan.

President Barack Obama, who arrived in Paris late Sunday night, wrote on his Facebook page that “we'll work to mobilize support to help the most vulnerable countries expand clean energy and adapt to the effects of climate change we can no longer avoid.”

The money would focus on research and development of technologies such as energy storage, which could make better use of clean power from wind and solar regardless of the vagaries of weather. It will also look at farming and transport.

But a multinational research effort combining the investments of governments, corporations and private individuals could create intellectual property problems.