The Real Deal New York

Rothschild family sells off an historic property the size of Manhattan

The famed banking family owned the property for 143 years
February 03, 2018 09:00AM

Baron Guy de Rothschild in 1964; Villa Ephrussi de Rothschild in back. (Credit: Fritz Cohen; Testus/Wikimedia Commons)

The famed banking family sold their 5,412-hectare estate in Austria for about $112 million, according to Mansion Global.

The estate was purchased by Baron Albert von Rothschild in 1875 and was the site of forestry, energy and other business enterprises along with the family’s homes and palaces in the picturesque woodlands. In World War II the property was taken over by Nazis and by Russian occupiers. The land returned to the family’s administration in 1952.

Cord Prinzhorn of Prinzhorn Holding’s paper and packaging company bought the property, according to the Austrian brokerage who handled the deal.

Nancy Clarice Tilghman and Geoffrey R. Hoguet are the surviving heirs to the Rothschild family; both live in the United States. [Mansion Global] — Erin Hudson