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Salomon Oppenheim

Salomon Oppenheim, Jr. (19 June 1772 – 8 November 1828) was a German Jewish banker, and the founder of the Sal. Oppenheim private bank.[1]

Salomon Oppenheim
Salomon Oppenheim Jr.
Born(1772-06-19)19 June 1772
Died8 November 1828(1828-11-08) (aged 56)
NationalityGerman
OccupationBanker

He was born in Bonn, the scion of an illustrious family of "Court Jews" (German: Hofjuden) who had served as advisers and moneylenders to the Prince-Archbishops of Cologne in the Rhineland area for several generations. In 1789, at the age of 17, Oppenheim Jr. set up a small commissions and exchange house in Bonn, then the residence of Prince-Archbishop Maximilian Francis of Austria.

Nine years later, after French troops had occupied the left banks of the Rhine, Oppenheim Jr. moved to the city of Cologne. He was one of the first Jews who settled in Cologne since the expulsion of the Jewish community in 1424. Oppenheim became banker and tax collector by order of the French occupying power. After the establishment of the Province of Jülich-Cleves-Berg in 1815, he took service with the Prussian state. In January 1822, he received the title of "Senior Court Agent in our Most Gracious Confidence".[2]

Oppenheim Jr. and his wife Therese (Stein, born Deigen Levi) had 12 children. After Salomon's death, two of his sons, Simon [de] and Abraham, took over management of the bank. Another son, Dagobert [de] co-published the Rheinische Zeitung and was a railway industrialist. Salomon Jr.'s and Therese's daughter Bertha "Betty" Hertz née Oppenheim married Heinrich David Hertz (born as Hertz Hertz)—their son Gustav Ferdinand Hertz (born as David Gustav Hertz) with his wife Anna Elisabeth née Pfefferkorn later became parents of Heinrich Rudolf Hertz and Gustav Theodor Hertz, who in turn later became the father of Gustav Ludwig Hertz.

The main branches of the family converted to Protestantism (Betty Oppenheim and Heinrich David Hertz, and Simon Oppenheim's son Eduard) and Catholicism (Abraham's son Albert [de]) in the late 19th century.

The company he founded, Sal. Oppenheim, is now a subsidiary of Deutsche Bank. Participation of the Oppenheim family effectively ended in 2005 with the death of Alfred Freiherr von Oppenheim. It moved its headquarters to Luxembourg in 2007 and was acquired by Deutsche Bank in 2009/10.

Literature

  • Gabriele Teichmann (1999), "Oppenheim, Salomon junior Freiherr von", Neue Deutsche Biographie (in German), vol. 19, Berlin: Duncker & Humblot, pp. 560–561; (full text online)

See also

References

  1. ^ Magnus, Shulamit S. (1997). Jewish Emancipation in a German City: Cologne, 1798-1871. Stanford University Press. p. 275. ISBN 978-0-8047-2644-3.
  2. ^ Rudolph, Bernd; Brünninghaus, Beate; Pohle, Monika; Pohl, Manfred (2012-12-06). German Yearbook on Business History 1987. Springer Science & Business Media. p. 57. ISBN 978-3-642-73930-9.


salomon, oppenheim, confused, with, samuel, oppenheim, samuel, oppenheimer, june, 1772, november, 1828, german, jewish, banker, founder, oppenheim, private, bank, born, 1772, june, 1772bonn, holy, roman, empiredied8, november, 1828, 1828, aged, mainz, german, . Not to be confused with Samuel Oppenheim or Samuel Oppenheimer Salomon Oppenheim Jr 19 June 1772 8 November 1828 was a German Jewish banker and the founder of the Sal Oppenheim private bank 1 Salomon OppenheimSalomon Oppenheim Jr Born 1772 06 19 19 June 1772Bonn Holy Roman EmpireDied8 November 1828 1828 11 08 aged 56 Mainz German ConfederationNationalityGermanOccupationBankerHe was born in Bonn the scion of an illustrious family of Court Jews German Hofjuden who had served as advisers and moneylenders to the Prince Archbishops of Cologne in the Rhineland area for several generations In 1789 at the age of 17 Oppenheim Jr set up a small commissions and exchange house in Bonn then the residence of Prince Archbishop Maximilian Francis of Austria Nine years later after French troops had occupied the left banks of the Rhine Oppenheim Jr moved to the city of Cologne He was one of the first Jews who settled in Cologne since the expulsion of the Jewish community in 1424 Oppenheim became banker and tax collector by order of the French occupying power After the establishment of the Province of Julich Cleves Berg in 1815 he took service with the Prussian state In January 1822 he received the title of Senior Court Agent in our Most Gracious Confidence 2 Oppenheim Jr and his wife Therese Stein born Deigen Levi had 12 children After Salomon s death two of his sons Simon de and Abraham took over management of the bank Another son Dagobert de co published the Rheinische Zeitung and was a railway industrialist Salomon Jr s and Therese s daughter Bertha Betty Hertz nee Oppenheim married Heinrich David Hertz born as Hertz Hertz their son Gustav Ferdinand Hertz born as David Gustav Hertz with his wife Anna Elisabeth nee Pfefferkorn later became parents of Heinrich Rudolf Hertz and Gustav Theodor Hertz who in turn later became the father of Gustav Ludwig Hertz The main branches of the family converted to Protestantism Betty Oppenheim and Heinrich David Hertz and Simon Oppenheim s son Eduard and Catholicism Abraham s son Albert de in the late 19th century The company he founded Sal Oppenheim is now a subsidiary of Deutsche Bank Participation of the Oppenheim family effectively ended in 2005 with the death of Alfred Freiherr von Oppenheim It moved its headquarters to Luxembourg in 2007 and was acquired by Deutsche Bank in 2009 10 Literature EditGabriele Teichmann 1999 Oppenheim Salomon junior Freiherr von Neue Deutsche Biographie in German vol 19 Berlin Duncker amp Humblot pp 560 561 full text online See also EditOppenheim familyReferences Edit Magnus Shulamit S 1997 Jewish Emancipation in a German City Cologne 1798 1871 Stanford University Press p 275 ISBN 978 0 8047 2644 3 Rudolph Bernd Brunninghaus Beate Pohle Monika Pohl Manfred 2012 12 06 German Yearbook on Business History 1987 Springer Science amp Business Media p 57 ISBN 978 3 642 73930 9 This German business related biographical article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Salomon Oppenheim amp oldid 1149512552, wikipedia, wiki, book, books, library,

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