DiscoverThe Timeless Investor ShowThe Sassoon Dynasty: From Baghdad to Bombay - How Refugees Built Asia's Real Estate Empire
The Sassoon Dynasty: From Baghdad to Bombay - How Refugees Built Asia's Real Estate Empire

The Sassoon Dynasty: From Baghdad to Bombay - How Refugees Built Asia's Real Estate Empire

Update: 2025-09-08
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They called him the Rothschild of the East. But while the Rothschilds moved paper, David Sassoon built infrastructure.

In 1829, he fled Baghdad with nothing but two saddlebags of gold. By 1860, his family controlled the largest trading house in Asia. By 1940, they owned half of Shanghai.

This isn't just another rags-to-riches story. It's a masterclass in turning displacement into dynasty.

In this episode, we explore:

  • How a stateless refugee became the unofficial bank of Bombay
  • Why owning warehouses beats owning goods (the original REIT model)
  • The concept of "cultural arbitrage" and why immigrants have a superpower
  • How the Sassoons timed every market perfectly across 130 years
  • Why infrastructure always wins, regardless of who's in power

From the opium trade to Shanghai jazz clubs, from Bombay swampland to prime real estate - the Sassoons proved that disruption creates opportunity, displacement creates advantage, and infrastructure creates dynasties.

Whether you're a real estate investor, a student of history, or someone interested in how fortunes are really built, this episode reveals timeless principles that work in any era.

Think Well. Act Wisely. Build Something Timeless.


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Think Well. Act Wisely. Build Something Timeless.

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The Sassoon Dynasty: From Baghdad to Bombay - How Refugees Built Asia's Real Estate Empire

The Sassoon Dynasty: From Baghdad to Bombay - How Refugees Built Asia's Real Estate Empire

Arie van Gemeren