Word: rothschild
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...plus the grievous crop damage to French vines in three of the past four years, has raised prices for the real stuff* and has forced French shippers to ration the choice vintages. At Manhattan's elegant Four Seasons restaurant, for instance, a bottle of Henriot Reserve Phillippe de Rothschild 1975 now costs $110. Five years ago, a comparable bottle sold for about $60. At Jacqueline's Champagne & Wine Bar in Manhattan, a fluted glass of champagne costs $5.50. Some bars also serve pricey champagne cocktails, such as Kir Royal (with cassis) and Mimosa (with orange juice...
...members of the French Rothschild clan will not lack for things to do with their money. Unaffected by the nationalization are the nonbank personal holdings of Baron Guy and Cousins Baron Alain and Baron Elie, including New Court Securities, a U.S. investment firm based in New York City, which will now receive more of the family's attention and money. And beginning Jan. 1, 1982, New Court will change its name to a more golden sounding sobriquet: Rothschild...
Founded with $2 million in 1967, New Court today manages a portfolio worth more than $1 billion, including funds from such corporate clients as General Foods, TRW and Hughes Aircraft. New Court's other owners include N.M. Rothschild & Sons in London, which represents the English branch of the family and is headed by Evelyn de Rothschild, 50, and the Rothschild Zurich bank, of which Swiss Cousin Baron Edmond de Rothschild is part owner...
...Rothschild man in New York City had previously directed the family's bank in Zurich, which grew from a paltry $2.5 million in 1968 to its present capitalization of more than $35 million. De Botton is currently investing heavily in sagging stocks of U.S. energy companies, especially those with large domestic reserves of oil and gas. He also plans to strengthen the firm's venture-capital thrust. Says he: "The U.S. is the prime market hi the world for startup, small and medium-size companies...
...prime candidate to direct U.S. operations eventually. Says Guy: "My great-grandfather sent one of his sons, my grandfather Alphonse, to America in 1848. After returning to France, Alphonse pleaded with his father that the U.S. was the coming country and that there should be a House of Rothschild there. It's an enormous pity that my grandfather's advice was not heeded. As far as I'm concerned, we should have had a Rothschild bank in the U.S. since the middle of the 19th century. Our involvement in America now is really 100 years late...