Henry Goldman | |
---|---|
Born |
Philadelphia, Pennsylvania, U.S. |
September 21, 1857
Died | April 4, 1937 New York City, U.S. |
(aged 79)
Resting place | Salem Fields Cemetery, Brooklyn |
Residence | 998 Fifth Avenue, Upper East Side, Manhattan, New York City, U.S. |
Alma mater | Harvard University (did not graduate) |
Occupation | Banker, philanthropist, art collector |
Spouse(s) | Babette Kaufman Goldberg (m. 1890) |
Children | 2 sons, 1 daughter |
Parent(s) | Marcus Goldman |
Henry Goldman (September 21, 1857 – April 4, 1937) was an American heir, banker, philanthropist and art collector. A member of the Goldman–Sachs family, he was instrumental in the making of the financial conglomerate Goldman Sachs in the early twentieth century.
Henry Goldman was born on September 21, 1857 in Philadelphia, Pennsylvania. His father, Marcus Goldman, was a German-born banker.
Goldman attended Harvard University but failed to graduate due to poor eyesight. Others believe this story of "poor eyesight" was family lore, and that Goldman, as a second-generation German immigrant and a member of the Jewish faith, did not feel welcome at Harvard.
Goldman started his career at Goldman Sachs in 1884.
Goldman helped list retail companies like Sears and Woolworth, despite the firms' shortage of assets. In 1911, when the firm joined with Lehman Brothers in refinancing and incorporating Studebaker, Henry served with great dedication on the automaker's executive committee.
Goldman broke with his brother-in-law and main partner Samuel Sachs and the bank during World War I. In 1915, as tensions rose in Europe, Goldman publicly voiced support for the Germans and refused to allow Goldman Sachs to participate in a $150 million Anglo-French bond issue arranged by J. P. Morgan. The rest of Goldman's colleagues supported the Allies. In 1917, after America entered the war, Goldman resigned as a partner from Goldman Sachs in recognition of the negative effects of this irreconcilable difference of opinion.
Goldman retired from Goldman Sachs in 1917.
Additionally, Goldman served on the Boards of Directors of the Lawyers Title and Trust Company, the Columbia Trust Company, the Commercial Investment Trust Corporation, and the Berlin-based Shrebreuger Technishe Hochschule.