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Sassoon | |
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Family | |
Current region | Asia; United Kingdom |
Etymology | sasson (Hebrew: שָׂשׂוֹן, lit. 'joy' or 'gladness') |
Place of origin | |
Founder | Sassoon ben Salih |
Current head | James Sassoon, Baron Sassoon |
Titles | Sassoon baronets |
Members |
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Connected members |
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Connected families | |
Traditions | Judaism |
The Sassoon family were a wealthy Baghdadi Jewish family dynasty, associated with finance, banking, capital markets, the exploration of oil and gas, Judaism, Conservative politics, and philanthropy. Their principal vehicles, Sassoon & Co. and J. Sassoon Financial Group LLC, are domiciled in Europe, Asia and North America.
The family was known as "the Rothschilds of the East" due to the immense wealth they accumulated in Asia.[1] The family's businesses in China, India, and Hong Kong especially, were built to capitalise on the opium trade. As more family members gravitated toward London, they became prominent in England and were ennobled by Queen Victoria.
Although most biographical data about the Sassons lists Baghdad, Iraq, as their place of origins, Daniel Gross, an American journalist, claims that the Sassoon family has their origins in Aleppo, Syria.[2] They later moved to Mumbai, India, and then emigrated to China, England, and other nations. From the 18th century, the Sassoons were one of the wealthiest families in the world, with a corporate empire spanning the entire continent of Asia][3]
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