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Samuel Sachs (1851-1935) was an American investment banker and co-founder of Goldman Sachs. He pioneered the issuing of stock as a way for new companies to raise funds and donated to Harvard University.
Samuel Sachs war ein deutsch-US-amerikanischer Investmentbanker, der zusammen mit seinem Freund Philip Lehman („Lehman Brothers“) das Prinzip der Aktienausgabe für die Unternehmens-Finanzierung einführte („Erfinder der Aktie“) und das heutige Investment-Banking-Unternehmen „Goldman Sachs“ (1882) mitgründete.
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Learn about Samuel Sachs, one of the founders of Goldman, Sachs and Company, who pioneered the use of stock issuance for new companies. Explore his biography, achievements, and initiatives in the finance industry.
The Sachs Family. Simon-Michael Sachs was born in Würzburg in 1887; his parents were Samuel-Nathaniel Sachs and Hana-Hindle née Rosenbaum. Aside from Simon, Hana and Samauel had seven other children. Samuel owned a textile factory which manufactured suits and employed some 40 tailors.
Samuel Sachs, in 1882, and his son, Henry Goldman, in 1885, Marcus Goldman’s enterprise became a partnership with a new name: Goldman, Sachs & Co. By the time the firm joined the New York Stock Exchange in 1896, Goldman Sachs was a leader in commercial paper sales. As the firm’s clients grew in
When Marcus Goldman brought his son-in-law Samuel Sachs on as his business partner in 1882, neither man could know that it would be the beginning of a partnership that would last for more than a century and a half, employing generations of both families.
Samuel Sachs (/ zɑːks /; July 28, 1851 – March 2, 1935) was an American investment banker. He is most known for co-founding Goldman Sachs along with Marcus Goldman.
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