The Speyer family is a prominent
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 of
German descent
, native_name_lang = de
, region1 =
, pop1 = 72,650,269
, region2 =
, pop2 = 534,000
, region3 =
, pop3 = 157,000
3,322,405
, region4 =
, pop4 = ...
. It can be traced back to Michael Isaac Speyer (1644–1692), who had briefly been the head of the Jewish community in
Frankfurt am Main
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its na ...
in 1691–92. The family originates from
Speyer
Speyer (, older spelling ''Speier'', French: ''Spire,'' historical English: ''Spires''; pfl, Schbaija) is a city in Rhineland-Palatinate in Germany with approximately 50,000 inhabitants. Located on the left bank of the river Rhine, Speyer li ...
in
Palatinate, hence the surname. In the late eighteenth century, the Speyers were the wealthiest Jewish family in Frankfurt, well above the
Rothschild family
The Rothschild family ( , ) is a wealthy Ashkenazi Jewish family originally from Frankfurt that rose to prominence with Mayer Amschel Rothschild (1744–1812), a court factor to the German Landgraves of Hesse-Kassel in the Free City of F ...
.
Business activities
The patriarch of the family, Joseph Lazard Speyer, took over the ''Ellissen'' bank, inherited from his wife Jette Ellissen, and renamed it to ''J. L. Speyer-Elissen'' in 1818. When their son, Lazard Joseph, got to the helm of the family business in 1838, the name was changed to
Lazard Speyer-Ellissen
The Speyer family is a prominent Ashkenazi Jews, Jewish family of Germans, German descent. It can be traced back to Michael Isaac Speyer (1644–1692), who had briefly been the head of the Jewish community in Frankfurt am Main in 1691–92. The f ...
.
In 1837 Lazard Joseph's brother Philipp left Frankfurt am Main for
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
and established there in 1845
Philipp Speyer & Co. (after Philipp´s death in 1876 renamed
Speyer & Co.). His brother Gustav (1825–1883) joined him to set up Philipp Speyer & Co. but in 1861 Gustav formed
Speyer Brothers in
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
. Early to realize the potential in
North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...
, the Speyer family was one of the top five issuers of
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
and
Mexican railroad securities by the 1870s, their nearest rivals being
Kuhn, Loeb & Co. and
J.P. Morgan & Co.
The London branch of the Speyer business, Speyer Brothers, was liquidated in 1922, when Gustav´s son
Edgar Speyer
Sir Edgar Speyer, 1st Baronet (7 September 1862 – 16 February 1932) was an American-born financier and philanthropist. Barker 2004. He became a British subject in 1892 and was chairman of Speyer Brothers, the British branch of the Speyer fami ...
left the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
for the United States. The Frankfurt branch, Lazard Speyer-Ellissen, was dissolved in 1934, shortly after the ''
Machtergreifung
Adolf Hitler's rise to power began in the newly established Weimar Republic in September 1919 when Hitler joined the '' Deutsche Arbeiterpartei'' (DAP; German Workers' Party). He rose to a place of prominence in the early years of the party. Be ...
'', the coming into power of the
National Socialist German Workers' Party
The Nazi Party, officially the National Socialist German Workers' Party (german: Nationalsozialistische Deutsche Arbeiterpartei or NSDAP), was a far-right political party in Germany active between 1920 and 1945 that created and supported t ...
. The Frankfurt family home, the prominent
Villa Speyer, was taken away by the
National Socialist
Nazism ( ; german: Nazismus), the common name in English for National Socialism (german: Nationalsozialismus, ), is the far-right totalitarian political ideology and practices associated with Adolf Hitler and the Nazi Party (NSDAP) in Na ...
s in 1938.
In 1938, James Speyer retired and decided to close Speyer & Co. in New York rather than let his name continue with the remaining partners. Therefore, the last of the three Speyer banking branches was liquidated in 1939.
The Speyer family belonged to Frankfurt’s patrons and made considerable foundations to support science and scientific education. Their funds provided the basis for the
University of Frankfurt am Main
Goethe University (german: link=no, Johann Wolfgang Goethe-Universität Frankfurt am Main) is a university located in Frankfurt am Main, Germany. It was founded in 1914 as a citizens' university, which means it was founded and funded by the wealt ...
.
Family tree
*Joseph Lazard Speyer (1783–1846), married to Jette Ellissen
**Lazard Joseph Speyer (1810–1876), married his cousin Therese Ellissen (1808-?) in 1832
*** (1835–1902), banker, married (1844-1909) in 1869
**** Alfred Julius Speyer (1871–1927)
*** Jaques Robert Speyer (1837-1876), married Sophie Emilie Cassel (1843-?)
**
Philipp Speyer
Philipp is both a surname and a given name. Notable people with the name include:
"Philipp" has also been a shortened version of Philippson, a German surname especially prevalent amongst German Jews and Dutch Jews.
Surname
* Adolf Philipp (1864 ...
(1815–1876), emigrated to the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
in 1837 and established in 1845 the New York branch,
Philipp Speyer & Co. (1876 renamed
Speyer & Co.). Married in 1850 Charlotte Stern (1824-1906), daughter of
Jacob Samuel Hayum Stern
Jacob (; ; ar, يَعْقُوب, Yaʿqūb; gr, Ἰακώβ, Iakṓb), later given the name Israel, is regarded as a patriarch of the Israelites and is an important figure in Abrahamic religions, such as Judaism, Christianity, and Islam. Jac ...
(1780-1833), the founder of the Bank
Jacob S.H. Stern
Jacob (; ; ar, يَعْقُوب, Jacob in Islam, Yaʿqūb; gr, Ἰακώβ, Iakṓb), later given the name Israel (name), Israel, is regarded as a Patriarchs (Bible), patriarch of the Israelites and is an important figure in Abrahamic religi ...
in
Frankfurt am Main
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its na ...
.
***Helene Therese Speyer (1857–1898), married Paul Meyer (1844–1925), a German railway manager
*** Anna Emilie Speyer (1861–1940), married 1885 (1856–1931), member of the
Vorstand
In German corporate governance, a ''Vorstand'' is the executive board of a corporation (public limited company). It is hierarchically subordinate to the supervisory board (''Aufsichtsrat''), as German company law imposes a two-tier board of direc ...
of the
Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
**
Gustav Speyer (1825–1883), followed his brother to the US, joined
Speyer & Co. in 1845 and set up
Speyer Brothers 1861 in
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
***
James Speyer
James Joseph Speyer (July 22, 1861 – October 31, 1941) was an American banker based in the city of New York. Speyer was a well-known figure on Wall Street and the firm of Speyer & Co. was well respected. It closed in 1939. Speyer was actively i ...
(1861–1941), senior partner at
Speyer & Co. since 1899, married to
Ellin Lowery (1849–1921)
***
Edgar Speyer
Sir Edgar Speyer, 1st Baronet (7 September 1862 – 16 February 1932) was an American-born financier and philanthropist. Barker 2004. He became a British subject in 1892 and was chairman of Speyer Brothers, the British branch of the Speyer fami ...
(1862–1932), moved to London in 1887,
married to
Leonora von Stosch (1872–1956)
*** Hanna Louise Speyer (called Lucie, 1870–1918), married 1892
Eduard Beit von Speyer (nobled in 1910, 1860–1933), cousin of
Alfred Beit
Alfred Beit (15 February 1853 – 16 July 1906) was a Anglo-German gold and diamond magnate in South Africa, and a major donor and profiteer of infrastructure development on the African continent. He also donated much money to university edu ...
(1853–1906)
****
Herbert Beit von Speyer (1899–1961)
****
Erwin Eduard von Speyer (1893–1914)
****
Hedwig Johanna Henriette von Speyer (1896–1966)
****
Ellin Anna von Speyer Ellin may refer to:
*Abby Ellin, American author and journalist
*Doug Ellin (born 1968), American screenwriter and director
*Everett Ellin (1928-2011), American museum official, art dealer, engineer, lawyer, and talent agent
*Percy Ellin (1884-1959 ...
(1903–1983)
References
Further reading
*
* Liebmann, George W. ''The Fall of the House of Speyer: The Story of a Banking Dynasty'' (I.B. Tauris, 2015) xii + 244 pp.
online review
{{Authority control
Jewish-American families
Business families of the United States
American people of German-Jewish descent
Jewish-German families