Samuel Sachs

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Samuel Sachs (born July 28, 1851 in Maryland , † March 2, 1935 in New York ) was an American investment banker .

Life

Samuel Sachs was the son of the boarding school director Joseph Sachs, a Jewish immigrant from Rödelmaier in Lower Franconia , and his wife Sophia Bär, daughter of a wealthy Würzburg goldsmith.

Together with his long-time friend Philip Lehman from Lehman Brothers , he introduced the issue of shares for start-up companies so that they had an opportunity to raise money.

Sachs married Louisa Goldman in 1882, the youngest daughter of financial business Marcus Goldman , who was also from Lower Franconia and a friend of his father's. In the same year, 1882, Sachs joined his father-in-law's company, who then renamed it M. Goldman Sachs .

Sachs retired in 1928 and died in 1935.

Individual evidence

  1. ↑ Kenneth E. Hendrickson III: The Encyclopedia of the Industrial Revolution in World History . Rowman & Littlefield, 2014, ISBN 978-0-8108-8888-3 , pp. 815 ( google.de [accessed June 28, 2017]).
  2. ^ Thomas K. McCraw: Immigrant Entrepreneurs in US Financial History, 1775-1914 . In: Capitalism and Society . tape 5 , no. 1 , 2010, ISSN  1932-0213 , doi : 10.2202 / 1932-0213.1070 .
  3. ↑ Marcus Goldmann and the American Dream. Main-Post , March 12, 2008, accessed October 3, 2008 .
personal data
SURNAME Sachs, Samuel
BRIEF DESCRIPTION American investment banker
DATE OF BIRTH July 28, 1851
PLACE OF BIRTH Maryland
DATE OF DEATH March 2, 1935
Place of death New York City