George Marx (banker)
George Marx (born June 3, 1843 in Cologne , † 1927 in Königsberg i. Pr. ) Was a banker in East Prussia.
Life
Georg, as he wrote himself after his birth certificate, was the son of the businessman Jacob Moses Marx and Kättchen Marx nee. Homburgers . Marx had been director of the Bergisch-Märkische Bank in Elberfeld since 1876 . In 1886 he moved to Königsberg and became a partner in the J. Simon Witwe & Sons bank. With Joseph Litten , Fritz Litten's father , he founded the Litten bank. As the sole owner, he converted it into Norddeutsche Creditanstalt in 1897 , of which he remained director general until 1912. In 1917 the Creditanstalt was merged with the Deutsche Bank .
By founding branches, Marx made Creditanstalt the largest banking institute in the eastern regions of the German Empire . Marx financed the lime and mortar works in Königsberg, the East Prussian steam wool laundry, in 1905 the pulp factory on the Sackheim and several companies in the province of East Prussia . Under his leadership, the bank increased its share capital from 5 to 24 million marks, and annual sales to 5 billion marks.
Marx was a Jew . Marx had 12 children. In 1920 his daughter Esther married the famous Hebrew writer Samuel Agnon . Marx's charity mainly benefited the Jewish community in Königsberg . He confessed to the German Democratic Party .
Individual evidence
- ^ A b Landesarchiv Nordrhein-Westfalen, civil status archive Rhineland, civil status register, regional court district Cologne, registry office Cologne, births, 1843, document no. 1364.
- ^ R. Albinus: Königsberg Lexicon . Würzburg 2002, ISBN 3-88189-441-1
| personal data | |
|---|---|
| SURNAME | Marx, George |
| ALTERNATIVE NAMES | Marc, Georg (different spelling) |
| BRIEF DESCRIPTION | German banker |
| DATE OF BIRTH | June 3, 1843 |
| PLACE OF BIRTH | Cologne |
| DATE OF DEATH | 1927 |
| Place of death | Königsberg (Prussia) |