Eduard Pfeiffer | |
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Eduard Pfeiffer
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Born |
Eduard Gotthilf Pfeiffer 24 November 1835 Stuttgart, Württemberg |
Died | 13 May 1921 Stuttgart, Germany |
Occupation | Banker Philanthropist Pioneer of Social reform and of the co-operative movement |
Political party | |
Spouse(s) | Julie Benary |
Parent(s) | Marx Pfeiffer Pauline Wittersheim |
Eduard Gotthilf (von) Pfeiffer (24 November 1835 – 13 May 1921) was a German banker, social reformer, and pioneer of the co-operative movement.
Born in 1835, Eduard Pfeiffer was the thirteenth recorded child of Marx Pfeiffer, a top bank director, and one of the first Jewish citizens to have been granted the right to live in Stuttgart. Marx Pfeiffer's first two wives had died young, and Eduard's mother, born Pauline Wittersheim, was Marx's third wife.
One of Eduard's elder brothers was Ernst Ezechiel Pfeiffer, who would be remembered for his support of a number of charitable foundations in Cannstatt . Eduard Pfeiffer inherited considerable wealth and economic expertise, and used them to build an impressive entrepreneurial career of his own. In 1869 he was one of the founders of the "Württembergischen Vereinsbank" (roughly "Württemberg Associated Bank""), and was largely responsible for its growth during the generally economically benevolent decades of the German empire period. He was a member of the oversight boards of various leading businesses in the region and an influential member of the commercial establishment. He became one of the richest citizens in Württemberg.
On leaving school, in 1850 Pfeiffer went on to study Engineering and Commerce at the Polytechnic Academy in Stuttgart between 1850 and 1852, before moving on to study in France. Five years later he emerged from the École Centrale des Arts et Manufactures in Paris with a degree in chemical engineering. Between 1857 and 1862 he attended universities at Leipzig, Heidelberg and Berlin, studying Finance and Macro-economics. He also traveled extensively in and beyond France, Italy and Germany, also visiting England where in 1862 he visited the London World Fair. During his travels he began to familiarize himself with aspects of the socio-economic situation in Europe, and in England in 1862 he came across the Co-operative movement.