The Sassoon family was a prominent Jewish family of Iraqi origin who established businesses in India, China, and England during the 19th and early 20th centuries. The family's fortune was built on the opium trade, and they became one of the wealthiest families in the world. In fact, they were called the "Rothschilds of the East."
The family's fortune originated when they moved to India. David Sassoon founded the David S. Sassoon company in Bombay and filled it with people from Baghdad to staff various branches of the business across India, Burma, Malaya, and East Asia. He then established the family's dominant position in the Sino-Indian opium trade and expanded businesses in China and Hong Kong. His success extended to England, and he is known for building Sassoon House in Shanghai, which is now a landmark.
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