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Philip Lehman

Philip Lehman (November 9, 1861 – March 21, 1947) was an American investment banker.

Philip Lehman
Born(1861-11-09)November 9, 1861
DiedMarch 21, 1947(1947-03-21) (aged 85)
NationalityAmerican
OccupationInvestment banker
Known forArt Collector
Spouse
Carrie Lauer
(m. 1884; died 1937)
ChildrenRobert Lehman (1891–1969)
Parent(s)Emanuel Lehman
Pauline Sondheim
RelativesLehman family

Biography

Philip Lehman was born in New York City to Emanuel Lehman (1827–1907) and Pauline Sondheim (1843–1871). Emanuel was a co-founder of the now-defunct investment bank, Lehman Brothers. Philip became a partner in the family-owned firm in 1887 and was the firm's managing partner from 1901 to 1925. He was also the first chairman of the board of the Lehman Corporation.[1] Lehman was notable as one of the first financiers to recognize the potential of issuing stock as a way for new companies to raise capital.

Philip married Carrie Lauer (1865–1937) on January 3, 1884.[2] They had two children, Pauline (born 1887) and Robert Lehman (1891–1969).[3] The family resided in a 5-story limestone mansion designed in 1899 by John H. Duncan on 7 West 54th Street, now known as the "Philip Lehman Mansion" and designated as a New York landmark in 1981.[4]

Lehman began collecting major artworks in 1911, the bulk of which he willed to his son Robert. His collection today forms part of the exhibition in the Robert Lehman Wing at the Metropolitan Museum of Art.

References

  1. ^ "Philip Lehman, 85, Noted Banker, Dies – Lehman Bros. Senior Partner, Cousin of Ex-Governor – Was an Art Collector". New York Times. March 22, 1947. p. 13. Retrieved April 17, 2016.
  2. ^ The Frick Collection website: "Lehman, Philip, 1861–1947" retrieved April 2, 2012.
  3. ^ Harvard University Archives: "Robert Lehman records, 1894–1994" July 3, 2018, at the Wayback Machine retrieved April 2, 2012.
  4. ^ . Archived from the original on November 7, 2013. Retrieved June 19, 2013.

External links

  • Entry at Harvard Business School

philip, lehman, member, north, carolina, house, representatives, philip, lehman, graffiti, artist, music, producer, phillip, lehman, november, 1861, march, 1947, american, investment, banker, born, 1861, november, 1861new, york, citydiedmarch, 1947, 1947, aged. For the member of the North Carolina House of Representatives see Philip A Lehman For the graffiti artist and music producer see Phillip Lehman Philip Lehman November 9 1861 March 21 1947 was an American investment banker Philip LehmanBorn 1861 11 09 November 9 1861New York CityDiedMarch 21 1947 1947 03 21 aged 85 New York CityNationalityAmericanOccupationInvestment bankerKnown forArt CollectorSpouseCarrie Lauer m 1884 died 1937 wbr ChildrenRobert Lehman 1891 1969 Parent s Emanuel Lehman Pauline SondheimRelativesLehman familyBiography EditPhilip Lehman was born in New York City to Emanuel Lehman 1827 1907 and Pauline Sondheim 1843 1871 Emanuel was a co founder of the now defunct investment bank Lehman Brothers Philip became a partner in the family owned firm in 1887 and was the firm s managing partner from 1901 to 1925 He was also the first chairman of the board of the Lehman Corporation 1 Lehman was notable as one of the first financiers to recognize the potential of issuing stock as a way for new companies to raise capital Philip married Carrie Lauer 1865 1937 on January 3 1884 2 They had two children Pauline born 1887 and Robert Lehman 1891 1969 3 The family resided in a 5 story limestone mansion designed in 1899 by John H Duncan on 7 West 54th Street now known as the Philip Lehman Mansion and designated as a New York landmark in 1981 4 Lehman began collecting major artworks in 1911 the bulk of which he willed to his son Robert His collection today forms part of the exhibition in the Robert Lehman Wing at the Metropolitan Museum of Art References Edit Philip Lehman 85 Noted Banker Dies Lehman Bros Senior Partner Cousin of Ex Governor Was an Art Collector New York Times March 22 1947 p 13 Retrieved April 17 2016 The Frick Collection website Lehman Philip 1861 1947 retrieved April 2 2012 Harvard University Archives Robert Lehman records 1894 1994 Archived July 3 2018 at the Wayback Machine retrieved April 2 2012 Philip Lehman Mansion 7 West 54th Street Archived from the original on November 7 2013 Retrieved June 19 2013 External links EditEntry at Harvard Business School Retrieved from https en wikipedia org w index php title Philip Lehman amp oldid 1143699860, wikipedia, wiki, book, books, library,

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