Hermann de Stern
| Hermann de Stern | |
|---|---|
| Born | 1815 Frankfurt, Grand Duchy of Frankfurt |
| Died | October 20, 1887 (aged 71–72) London, U.K. |
| Occupation | Banker |
| Net worth | £3,545,000 |
| Children | Herbert Stern, 1st Baron Michelham |
| Relatives |
David de Stern (brother) Sydney Stern, 1st Baron Wandsworth (nephew) David Lionel Goldsmid-Stern-Salomons (son-in-law) |
Baron Hermann de Stern (1815–1887) was a German-born British banker.
Hermann de Stern was born in 1815 in Frankfurt, Grand Duchy of Frankfurt. He moved to London with his brother, David de Stern, in 1844.
With his brother David, Hermann de Stern co-founded Stern Brothers, a financial institution based in London. According to the Jewish Encyclopedia, "Baron de Stern was principally connected with Portuguese finance, but he was prominently concerned also in floating the Danubian 7-per-cent loan of 1864, the Spanish mortgage loan, and the Italian tobacco-monopoly loan." Additionally, he served on the Board of Directors of the Imperial Bank, the Bank of Rumania, the London and San Francisco Bank, and the East London Waterworks Company. He also served on the Board of Directors of the London Banking Association.
De Stern received a title of baron from Portugal in 1869.
De Stern was the owner of the Strawberry Hill House from 1883 to 1887, but he never lived there. He had a son, Herbert Stern, 1st Baron Michelham.
De Stern was associated with the Anglo-Jewish Association and of the Jews' Free School.
De Stern died on October 20, 1887 in London. One of the wealthiest men of his time, he left an estate of £3,544,978 (equivalent to £2.38 billion in 2010).
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