Prince Rupert Loewenstein
| Prince Rupert Loewenstein | |
|---|---|
 |
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| Born |
Rupert Louis Ferdinand Frederick Constantine Lofredo Leopold Herbert Maximilian Hubert John Henry zu Löwenstein-Wertheim-Freudenberg 24 August 1933 Palma, Majorca, Spain |
| Died | 20 May 2014 (aged 80) London, England, United Kingdom |
| Nationality | British |
| Other names | "Rupie the Groupie" |
| Occupation | Merchant banker |
| Known for | The Rolling Stones' business adviser and financial manager, 1968–2007 |
| Spouse(s) | Princess Josephine Clare née Lowry-Corry |
| Children | Rudolf, Prince zu Löwenstein-Wertheim-Freudenberg, Konrad, Prince zu Löwenstein-Wertheim-Freudenberg and Maria Theodora Marjorie, Princess zu Löwenstein-Wertheim-Freudenberg, now Contessa della Gherardesca |
| Parent(s) | Leopold Prince zu Löwenstein-Wertheim-Freudenberg and Countess Bianca Treuberg |
Rupert Louis Ferdinand Frederick Constantine Lofredo Leopold Herbert Maximilian Hubert John Henry zu Löwenstein-Wertheim-Freudenberg, Count of Loewenstein-Scharffeneck (24 August 1933 – 20 May 2014) was a Spanish-born Bavarian aristocrat and the longtime financial manager of the rock band The Rolling Stones. His affectionate nickname was "Rupie the Groupie". Loewenstein was named to the International Best-Dressed Hall of Fame in 2001.
A scion of the royal houses of Wittelsbach and Löwenstein-Wertheim, Loewenstein was born in Palma, Majorca, Spain, the son of Prince Felicien Leopold Friedrich Ludwig Hubertus zu Loewenstein-Wertheim-Freudenberg (1903–1974) and his wife, Bianca Henrietta Maria Fischler, Countess von Treuberg (1913–1984). Both were of part-Jewish descent.Henry de Worms, 1st Baron Pirbright was his father's maternal grandfather. Following his parents' separation, he and his mother arrived in England in 1940. Loewenstein was educated at the Quaker St Christopher School in Letchworth, Hertfordshire, followed by Magdalen College, Oxford, where he studied medieval history.
After school, Loewenstein worked as a stockbroker for Bache & Co. In 1963, he was part of a consortium formed to buy the merchant bank Leopold Joseph & Sons, along with fellow Oxford graduates Jonathan Guinness, Richard Cox-Johnson and Louis Heyman. and he became a director of the resulting firm. Leopold Joseph had previously been family owned by the Josephs, and carried out only specialised lines of banking business.
Following the acquisition, the business was substantially expanded to include advice on issues and mergers, investment advice, and particularly currency trading. By 1971, the firm had become one of the principal dealers in London in investment dollars. That year, it undertook a capital raising with a target of a net £940,000 to enable further expansion. In 1981, Loewenstein left to start his own company, Rupert Loewenstein Ltd, where most of his clients were new money, who he described as "much more interesting than old money. People with old money are nearly always having to be adjusted downwards; those with new money are much more realistic."
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