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Surprising Wealth Stories

Peruzzi Family: The Rise and Fall of Florence’s Other Banking Dynasty

Before the Medici family rose to power in the early 15th century, the Peruzzi family was one of Florence’s two premier banking families (alongside the Bardi) that helped pioneer the modern world of banking! Alongside the Bardi, the Peruzzi were ruined by a combination of King Edward III of England Read more…

By Benjamin Harle, 3 yearsMay 20, 2022 ago
A portrait of Contessina de' Bardi, the wife of Cosimo de' Medici and perhaps the most famous member of the Bardi Family
Surprising Wealth Stories

The Rise And Fall of The Bardi Family: Florence’s Original Banking Dynasty

Although the Medici are today recognized as the most important banking dynasty to come out of Medieval Florence, before them the Bardi family were the most important bankers in Florence. Ruined by an unsecured loan to King Edward III, the Bardi were forced to ally themselves with the up-and-coming Medici Read more…

By Emily Czarnecka, 3 yearsMay 13, 2022 ago
Felix M. Warburg smiling as his picture is taken circa 1920
Surprising Wealth Stories

Felix M. Warburg: The Rise of The Warburgs

Though not as famous as his Fed-founding brother Paul, Felix M. Warburg was arguably just as instrumental to the world of banking as his brother was, albeit in a completely different way. After marrying Frieda Schiff, the only daughter of investment banker Jacob Schiff, Felix became a partner at his Read more…

By Thibault Kuten, 3 yearsApril 15, 2022 ago
Surprising Wealth Stories

David Sassoon: The Rise of The Sassoon Family

By Michael Schmitz, 3 yearsApril 8, 2022 ago
A stencil sketch portrait of Alfred Escher, the founder of Credit Suisse, circa 1875
Money Management

Alfred Escher: The Businessman Who Founded Modern Switzerland

Modern Switzerland stands as a hub of business, trade and commerce. But it may surprise you to learn that this wasn’t always the case, with this only coming about thanks to the work of one man: Alfred Escher. The man behind numerous companies such as Credit Suisse, Swiss Life, Gotthard Read more…

By Thibault Kuten, 3 yearsMarch 25, 2022 ago
A portrait of Florentine banker, clergyman and founder of the Medici dynasty Cosimo de' Medici
Surprising Wealth Stories

Cosimo de’ Medici: From Banking to Politics And so Much More!

Known as “il vechio” (“The Elder”) as he lived to the ripe old age of 75, Cosimo de’ Medici turned the Medici Bank from a large, yet humble Florentine bank into one of the largest in Europe, becoming immensely wealthy in the process. Aside from this, he was also a Read more…

By Emily Czarnecka, 3 yearsMarch 4, 2022 ago
Surprising Wealth Stories

How Emilio Botin Transferred Santander Into a Banking Giant!

A fourth generation banker, Emilio Botin turned a small family-owned bank in northern Spain into one of the largest banks not just in the world! And he did this with little more than a strong vision and hard work. Early Life Emilio Botín-Sanz de Sautuola García de los Ríos was Read more…

By Michael Schmitz, 3 yearsFebruary 25, 2022 ago
A photographic portrait of Paul Warburg, founder and second vice chairman of the Fed
Surprising Wealth Stories

How Paul Warburg Became One of History’s Most Influential Bankers!

An early advocate of central banking in the US – a country famed for its disdain for such a concept as it was “too British” – Paul Warburg led a group of bankers including the famed J. P. Morgan to create the Federal Reserve. And whilst not perfect by any Read more…

By Benjamin Harle, 3 yearsFebruary 18, 2022 ago
Lazard chairman Bruce Wasserstein speaking at a conference regarding Carl Icahn's attempted takeover of TimeWarner
Surprising Wealth Stories

How Bruce Wasserstein Became The “Buyout Guru”

Known by his much-hated moniker “Bid ’em up Bruce”, Bruce Wasserstein wasn’t your typical investment banker – he didn’t dress, talk or act the part – yet he was arguably the most influential investment banker in the history of the mergers & acquisitions industry! During his nearly 30 year-long career, Read more…

By Salomon Marco, 3 yearsFebruary 11, 2022 ago
Longtime Goldman Sachs CEO, Sidney Weinberg, who joined the firm in 1907 as a janitor's assistant wearing a suit and reading a book
Surprising Wealth Stories

How Sidney Weinberg Became “Mr Wall Street”

Having worked his way up from janitor’s assistant to the head of the firm, Sidney Weinberg’s is a true rags to riches story and one that contradicts the well refined, Ivy League-educated image that Wall Street has curated for itself over the last century. Despite his lack of such an Read more…

By Thibault Kuten, 3 yearsFebruary 4, 2022 ago

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