It struck me as I was working on this post that the Rothschilds, the great bankers of nineteenth-century Europe and once the focus of a thousand conpiracy theories, have faded from the public consciousness. They got rich by helping the nations of Europe to set up bond markets on the model of the Bank of England, and their own fortune grew so great that they could bail out or sink national treasuries. They were also big in the growing oil business, especially in Baku (Azerbaijan), and got involved in many other businesses. Some branches of the family are still very wealthy, but I guess they have been eclipsed by new waves of wealthy predators: arms magnates, Arab sheiks, Russian oligarchs.

Although the Rothschilds made their money in Europe and Baku, several prominent family members chose to reside in England. I suppose they knew better than anyone about the shaky finances of many nations on the continent, and the political instability that was likely to spawn. Anyway one part of England, the Vale of Aylesbury, ended up with a whole series of Rothschild mansions, inclulding the famous
Waddesdon Manor.
Waddesdon Manor is a National Trust property with an adequate trust for maintenance, so it is in no danger. But right down the road is another Rothschild estate, Mentmore or Mentmore Towers, and it is in trouble. A recent survey of the property found evidence that bats are nesting in the attic, which raised concerns both about the preservation of the structure and the situation of the bats, a protected species. Now the Buckinghamshire Council is saying that if the current owners can't clean up the mess it will have to be sold. (
NY Times)
Mentmore was built in 1852-1854 for Baron Mayer de Rothschild. It was designed by Sir Joseph Paxton (architect of the Crystal Palace) and his son-in-law, George Henry Stokes, in a mishmash of historical styles known as Jacobethan. Love the huge triple chandelier in the Great Hall.
One of the Staterooms
The estate shrank over the years, including a major sale in 1944, but the mansion and its grounds remained in the ownership of Harry Primrose, 6th Earl of Rosebery, until his death in 1974. According to wikipedia:
The Earl's executors explored the possibility of Mentmore Towers along with its contents being preserved intact as a heritage property and opened to the public, as has been the case with some other National Trust properties (including Waddesdon). Despite prolonged discussions between the Executors and Government representatives over the following three years, no agreement to save the house for the nation was reached.
Unable to made a deal with the National Trust and hit by British inheritance taxes nearing $7 million, the family sold the house and got Sotheby's to hold a flash auction of its furnishings. Over nine days in 1977, nearly 3,000 items of Baroque art, gilded furniture and other treasures were sold, fetching more than $10 million.
The following year the empty mansion with its formal gardens and 80 acres were sold to the Maharishi Foundation, an Indian-owned entity that promoted Transcendal Meditation, which strikes me as a perfect image to sum up the decline of Old Britain. But the foundation couldn't afford the upkeep and the house continued to decline.
So in 1999 the house was sold to real estate investor Simon Halabi, of Syrian extraction, who planned to add a new wing and make the place a hotel and conference facility. Halabi was a shady character who was rated by a British magazine one of the ten richest men in the country not long before he went bankrupt. So far as I can tell, the house still belongs to some entity related to Halabi, but the County Council rates it as "abandoned and uninhabited."
Mentmore has a long history in movies, including serving as Wayne Manor in Christopher Nolan’s 2005 film “Batman Begins”.
I hope the house can be saved, but it not it will make a splendid ruin.