Benjamin Joseph Buttenwieser (October 22, 1900 – December 31, 1991) was an American banker, philanthropist and civic leader in New York.
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Background
Buttenwieser was born to a
Jewish
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
family. His father was
Joseph L. Buttenwieser
Joseph Leon Buttenwieser (1865–1938) was an American lawyer, philanthropist, and civic leader in New York.
Biography
Buttenwieser was born to a Jewish family in Philadelphia, Pennsylvania, the son of immigrants from Germany. Buttenwieser prac ...
. He had an older brother, Lawrence B. Buttenwieser. His family were "our crowd," the top 100 German-Jewish families of New York City.
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]
He entered
Columbia College at age 15 and graduated in 1919.
Career
In 1919, Buttenwieser joined the
Kuhn, Loeb & Co. banking house, and from 1932–49 was general partner. During World War II, he served in the
U.S. Navy
The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States. It is the largest and most powerful navy in the world, with the estimated tonnage of ...
(from 1942–45). Buttenwieser, who was fluent in German, was
Assistant United States High Commissioner in Occupied Germany for political and economic reconstruction, 1949-51.
He was also director of many companies, including
Revlon
Revlon, Inc. is an American multinational company dealing in cosmetics, skin care, fragrance, and personal care. The headquarters of Revlon was established in New York City on March 1, 1932, where it still remains. Revlon was founded by brothe ...
;
Benrus Watch; Tischman Realty and others.
From 1952, he was a limited partner until 1977, when Kuhn, Loeb & Co. merged with
Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Gol ...
.
In 1938, Buttenwieser a two-year term as president of the Federation of Jewish Philanthropies of New York (now
United Jewish Appeal-Federation of Jewish Philanthropies of New York), like his father (1920s) and brother (1970s). He also served on the executive committee of the
American Jewish Committee
The American Jewish Committee (AJC) is a Jewish advocacy group established on November 11, 1906. It is one of the oldest Jewish advocacy organizations and, according to ''The New York Times'', is "widely regarded as the dean of American Jewish org ...
. He was a trustee of
Lenox Hill Hospital
Lenox Hill Hospital (LHH) is a nationally ranked 450-bed non-profit, tertiary, research and academic medical center located on the Upper East Side of Manhattan in New York City, servicing the tri-state area. LHH is one of the region's many unive ...
and the
New York Philharmonic
The New York Philharmonic, officially the Philharmonic-Symphony Society of New York, Inc., globally known as New York Philharmonic Orchestra (NYPO) or New York Philharmonic-Symphony Orchestra, is a symphony orchestra based in New York City. It is ...
. He was a governor of th
Investment Bankers Association
Awards
* 1967: Alexander Hamilton Medal (Columbia College, Association of Alumni)
* 1976: Honorary Doctorate (Columbia University)
Legacy
The Buttenwieser Professorship at
Columbia University
Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
was established in 1958 with a gift to the University from Buttenwieser, a longtime University Trustee and clerk of the Trustees, in honor of his father, Joseph.
Personal and death
In 1929, Buttenwieser married
Helen Lehman, the daughter of Arthur Lehman, then senior partner at
Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Gol ...
. She was one of the first women admitted to the City Bar Association of New York and in 1979, became the first chairwoman of the
Legal Aid Society
The Legal Aid Society is a 501(c)(3) non-profit legal aid provider based in New York City. Founded in 1876, it is the oldest and largest provider of legal aid in the United States. Its attorneys provide representation on criminal and civil matt ...
. The couple had four children: a daughter, Carol Helen Buttenwieser Loeb (1933–55), who died at the age of 22, and three sons, Lawrence B. Buttenwieser, Peter L. Buttenwieser, and Paul A. Buttenwieser.
As Helen L. Buttenwieser, she was an attorney for
Alger Hiss
Alger Hiss (November 11, 1904 – November 15, 1996) was an American government official accused in 1948 of having spied for the Soviet Union in the 1930s. Statutes of limitations had expired for espionage, but he was convicted of perjury in con ...
. The couple's activism landed Benjamin Buttenwieser on the
master list of Nixon political opponents
Master or masters may refer to:
Ranks or titles
* Ascended master, a term used in the Theosophical religious tradition to refer to spiritually enlightened beings who in past incarnations were ordinary humans
*Grandmaster (chess), National Master ...
.
He died age 91 of a heart attack on December 31, 1991, at
Lenox Hill Hospital
Lenox Hill Hospital (LHH) is a nationally ranked 450-bed non-profit, tertiary, research and academic medical center located on the Upper East Side of Manhattan in New York City, servicing the tri-state area. LHH is one of the region's many unive ...
in New York City.
See also
*
Helen Lehman Buttenwieser
Helen Lehman Buttenwieser (October 8, 1905 – November 22, 1989) was a 20th-century American lawyer, philanthropist, and later-life legal counselor of Alger Hiss.
Background
Helen Lehman was born on October 8, 1905, to Arthur Lehman and ...
*
Kuhn, Loeb & Co.
*
Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Gol ...
Further reading
* Williams, Iain Cameron. ''The KAHNS of Fifth Avenue'', iwp publishing, February 17, 2022, - chapters 16 & 17
References
External sources
*Trimel, Suzanne (September 9, 1996)
Social Scientist Charles Tilly Joins Columbia Faculty.*''The Universal Jewish Encyclopedia'', 1940, volume 2, p. 610.
*English, Bella (July 29, 1999)
''
The Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Glob ...
''
*
ttps://web.archive.org/web/20170403034334/http://oasis.lib.harvard.edu/oasis/deliver/~sch00005 Harvard Law School Buttenwieser, Helen L.. Papers of Helen L. Buttenwieser, 1909-1990
{{DEFAULTSORT:Buttenwieser, Benjamin
1900 births
1991 deaths
Columbia College (New York) alumni
Businesspeople from New York City
Jewish American bankers
Jewish American philanthropists
20th-century American businesspeople
Lehman family
Activists from New York City
Philanthropists from New York (state)
Charles H. Revson Foundation
Truman administration personnel
American people of German-Jewish descent