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Rothschild family banking businesses pioneered international high finance during the industrialisation of Europe and were instrumental in supporting railway systems across the world and in complex government financing for projects such as the Suez Canal. From 1895 through 1907 they loaned nearly $450,000,000 (equivalent to $15,500,000,000 in 2025)[30] to European governments.[31] During the 19th century, the family bought up a large proportion of the property in Mayfair, London.[32]
