Adolphe Goldschmidt Explained

Adolphe Goldschmidt
Birth Name:Adolphe Benedict Hayum Goldschmidt
Birth Date:1838
Birth Place:Frankfurt
Death Place:London
Nationality:German
Parents:Benedikt Hayum Goldschmidt
Jeannette Kann
Spouse:Alice Emma Moses Merton
Occupation:Banker
Known For:Goldschmidt bank

Adolphe Benedict Hayum Goldschmidt (1838 – 6 April 1918) was co-inheritor of the Goldschmidt family's bank in Frankfurt am Main, Germany.

Life

His father was Benedikt Hayum Goldschmidt, founder of the bank B.H. Goldschmidt[1] and consul to the Grand Duke of Tuscany. One of the richest families in Europe, in 1900, after their father's death, he and his brother, Maximilian decided to close the bank and leave Frankfurt.[2] While Maximilian, the later Maximilian von Goldschmidt-Rothschild, moved to Berlin, Adolphe went first to Paris and then to London, where he bought a large house in Mayfair. He also bought a 2,500 acre (10 km2) country estate in Cavenham, Suffolk.[3] Adolphe and his wife Alice became collectors of art. They acquired many expensive pieces including the furniture of Louis XV and Louis XVI.

Adolphe did not want to go back into banking, but he became a sleeping partner in London merchant bank Helbert, Wagg & Co. (estab. 1848, acquired by Schroders in 1962)[4] and invested in bonds. He also held interests in the Central Mining Investment Corporation, which controlled mines in South Africa[5] and had interests in the De Beers diamond and oil business.

Adolphe was the father of Conservative politician and hotelier Frank Goldsmith, who anglicized his name to "Goldsmith",[4] and grandfather of both tycoon James Goldsmith and environmentalist Edward Goldsmith. Adolphe's great grandchildren include Zac and Jemima Goldsmith.

Notes and References

  1. Book: Billionaire. The Life & Times of Sir James Goldsmith. Fallon. I. 12. 1991. 0-09-174380-X.
  2. The Lucky Gambler Sir James Goldsmith Is a Billionaire Buccaneer (Yes, Even After the Crash) . https://web.archive.org/web/20070310183359/http://www.time.com/time/magazine/article/0,9171,966046-2,00.html . dead . March 10, 2007 . . 23 November 1987 . Otto Friedrich .
  3. Book: Billionaire. The Life & Times of Sir James Goldsmith. Fallon. I. 15. 1991. 0-09-174380-X.
  4. Book: Billionaire. The Life & Times of Sir James Goldsmith. Fallon. I. 16. 1991. 0-09-174380-X.
  5. Book: Billionaire. The Life & Times of Sir James Goldsmith. Fallon. I. 17. 1991. 0-09-174380-X.