Anonymous ID: 8bc445 Nov. 29, 2018, 8:23 a.m. No.4073455   🗄️.is 🔗kun   >>3568

>>4073389

Following increasing persecution of Baghdad's Jews by Dawud Pasha,[citation needed] the family moved to Bombay via Persia. Sassoon was in business in Bombay no later than 1832, originally acting as a middleman between British textile firms and Gulf commodity merchants, subsequently investing in valuable harbour properties. His major competitors were Parsis, whose profits were built on their domination of the Sino-Indian opium trade since the 1820s.[2]

 

When the Treaty of Nanking opened up China to British traders, Sassoon developed his textile operations into a profitable triangular trade: Indian yarn and opium were carried to China, where he bought goods which were sold in Britain, from where he obtained Lancashire cotton products. He sent his son Elias David Sassoon to Canton, where he was the first Jewish trader (with 24 Parsi rivals). In 1845, David Sassoon & Co. opened an office in what would soon become Shanghai's British concession, and it became the firm's second hub of operations.

 

In 1844, he set up a branch in Hong Kong, and a year later, he set up his Shanghai branch on The Bund to cash in on the opium trade.

https://en.wikipedia.org/wiki/David_Sassoon

Anonymous ID: 8bc445 Nov. 29, 2018, 8:36 a.m. No.4073619   🗄️.is 🔗kun   >>3633

>>4073598

From the 18th century, the Sassoons were one of the wealthiest families in the world, with a merchant empire spanning the continent of Asia

https://en.wikipedia.org/wiki/Sassoon_family

Anonymous ID: 8bc445 Nov. 29, 2018, 8:43 a.m. No.4073704   🗄️.is 🔗kun

>>4073680

The government accused Elias Sassoon of using his family’s banking network to help smuggle assets belonging to members of the Jewish community out of the country and demanded that he return his assets held in Europe before his son is allowed to leave. After paying what amounted to ransom money, totaling £4 million and the intervention of both the French and the Greek governments, Edouard Sassoon joined his family in 1971, with his wife Josephine Celine Esther (née Cattaui) (1949–1994), daughter of Moise Cattaui who was also denied exit visa after her family was expelled from the country in 1964.

https://en.wikipedia.org/wiki/Sassoon_family