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Jacques Necker

Jacques Necker
Necker, Jacques - Duplessis.jpg
Chief Minister of the French Monarch
In office
16 July 1789 – 3 September 1790
Monarch Louis XVI
Preceded by Baron of Breteuil
Succeeded by Count of Montmorin
In office
25 August 1788 – 11 July 1789
Monarch Louis XVI
Preceded by Archbishop de Brienne
Succeeded by Baron of Breteuil
Controller-General of Finances
In office
25 August 1788 – 22 July 1789
Monarch Louis XVI
Preceded by Claude Lambert
Succeeded by Claude Lambert
In office
29 June 1777 – 19 May 1781
Monarch Louis XVI
Preceded by Louis Gabriel Taboureau
Succeeded by Jean-François Joly
Personal details
Born (1732-09-30)30 September 1732
Geneva, Republic of Geneva, Switzerland
Died 9 April 1804(1804-04-09) (aged 71)
Coppet, Vaud, Switzerland
Political party Non-partisan (Reformist)
Spouse(s) Suzanne Curchod (m. 1764–94); her death
Children Germaine
Profession Banker, statesman
Religion Calvinism

Jacques Necker (IPA: [ʒak nɛkɛʁ]; 30 September 1732 – 9 April 1804) was a Swiss banker who became a French statesman and finance minister for Louis XVI. He held the finance post during the period 1777-1781 and helped make decisions that were critical in creating political and social conditions that contributed to the outbreak of the French Revolution in 1789. He was recalled to royal service just before the Revolution actually did start, but remained in office for only a brief period of time. His elder brother was the mathematician Louis Necker (1730–1804).

Necker was born in Geneva, at that time an independent republic. His father, Karl Friedrich Necker, was a native of Küstrin in Neumark, Prussia (now Kostrzyn nad Odrą, Poland). After the publication of some works on international law, he was elected a professor of public law at Geneva, of which he became a citizen. Jacques Necker was sent to Paris in 1747 to become a clerk in the bank of Isaac Vernet, a friend of his father. In 1762, he became a partner and by 1765, he had become very wealthy through successful financial speculations. Soon, he co-founded the bank of Thellusson, Necker et Compagnie with another Genevese, Peter Thellusson. Thellusson (also known as Pierre Thellusson) superintended the bank in London (his son was made a peer as Baron Rendlesham), while Necker was managing partner in Paris. Both partners became very rich by means of loans to the French treasury and speculations in grain.

In 1763, Necker fell in love with Madame de Verménou, the widow of a French officer. But while on a visit to Geneva, Madame de Verménou met Suzanne Curchod, who was the daughter of a pastor near Lausanne and had been engaged to Edward Gibbon. In 1764, Madame de Verménou brought Suzanne to Paris as her companion. There Necker, transferring his love from the wealthy widow to the poor Swiss girl, married Suzanne before the end of the year. On 22 April 1766, they had a daughter, Anne Louise Germaine Necker, who became a renowned author under the name of Madame de Staël.


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