Eugen Gutmann Kommerzienrat a.d. | |
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| Gutmann portrayed by Max Liebermann, 1907 | |
| Born | Eugen Gutmann 24 June 1840 |
| Died | August 21, 1925 (aged 85) |
| Resting place | Berlin-Wedding |
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| Known for |
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| Children | 7, including Friedrich |
Eugen Gutmann (24 June 1840 - 21 August 1925) was a German banker, philanthropist and art collector who is primarily known for founding Dresdner Bank and co-founder of Deutsche Orientbank and the German-South American merchant bank. [1]
He primarily collected silverware which was partially sold to J. P. Morgan and today is exhibited at the Metropolitan Museum of Art. [2] [3] [4] Gutmann is also the namesake of the Eugen-Gutmann-Society (Eugen-Gutmann-Gesellschaft) which is the historical association preserving the history of Commerzbank. [5]
Gutmann was born 24 June 1840 in Dresden, Saxony, the third of twelve children, to Bernhard Gutmann (né Baruch Gutmann), a private banker, and Maria (née Lederer), who was originally from Bohemia. [6] He was raised in a wealthy Jewish family. [7]
In 1872, Gutmann advised the v. Kaskel family, to form a stock corporation and turn their family bank into Dresdner Bank [8] . Between 1872 and 1920, Gutmann served as chairman of the supervisory board and is referred to as the founder of the banking institute. In 1905, he was the co-founder of Deutsche Orientbank and the German-South American merchant bank. He was also notable for being the financier and board member of several companies in the German heavy industry.
In 1873, Gutmann married Sophie Magnus-Gerson, of Leipzig. They had seven children;
Gutmann died aged 85 on 21 August 1925 in Munich. Gutmann and his family converted from Judaism to Christianity in 1889.