Greg Steinmetz | |
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Born | Cleveland, Ohio, U.S. |
Occupation |
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Education | Colgate University (BA) Medill School of Journalism |
Greg Steinmetz is an American journalist, author and securities analyst.
Steinmetz was born and raised in Cleveland, Ohio. [1] He graduated from Colgate University in 1983 [2] with a Bachelor of Arts degree in History and German, and earned a master's degree from the Medill School of Journalism at Northwestern University. [1]
Steinmetz spent 15 years working as a journalist for the Sarasota Herald-Tribune , the Houston Chronicle , Newsday , and The Wall Street Journal . [1] [3] He served as the Bureau Chief for The Wall Street Journal in Berlin and London. [1] He is now a securities analyst for a New York money management firm. [3]
He is also known for a well-received biography of Jacob Fugger in which he argues that Fugger was the most influential businessman in history, and possibly the richest man who ever lived. [3] [4] [5] [6] [7] [8]
The House of Fugger is a German family that was historically a prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and venture capitalists. Alongside the Welser family, the Fugger family controlled much of the European economy in the sixteenth century and accumulated enormous wealth. The Fuggers held a near monopoly on the European copper market.
Colgate University is a private college in Hamilton, New York. The liberal arts college was founded in 1819 as the Baptist Education Society of the State of New York and operated under that name until 1823, when it was renamed Hamilton Theological and Literary Institution, often called Hamilton College (1823–1846), then Madison College (1846–1890), and its present name since 1890.
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Jakob Fuggerof the Lily, also known as Jakob Fuggerthe Rich or sometimes Jakob II, was a major German merchant, mining entrepreneur, and banker. He was a descendant of the Fugger merchant family located in the Free Imperial City of Augsburg. He was born and later also elevated through marriage to Grand Burgher of Augsburg. Within a few decades, he expanded the family firm to a business operating in all of Europe. He began his education at the age of 14 in Venice, which also remained his main residence until 1487. At the same time, he was a cleric and held several prebends. Even though he lived in a monastery, Jakob found time to study the history of investment in early Asian markets. American journalist Greg Steinmetz has estimated his overall wealth to be around $400 billion in today's money, equivalent to 2% of the GDP of Europe at that time.
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