Salomon Oppenheim, Jr.
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Salomon Oppenheim, Jr. (19 June 1772 – 8 November 1828) was a
German Jewish The history of the Jews in Germany goes back at least to the year 321, and continued through the Early Middle Ages (5th to 10th centuries CE) and High Middle Ages (''circa'' 1000–1299 CE) when Jewish immigrants founded the Ashkenazi Jewish ...
banker, and the founder of the Sal. Oppenheim private bank. He was born in
Bonn The federal city of Bonn ( lat, Bonna) is a city on the banks of the Rhine in the German state of North Rhine-Westphalia, with a population of over 300,000. About south-southeast of Cologne, Bonn is in the southernmost part of the Rhine-Ru ...
, the scion of an illustrious family of "
Court Jew In the early modern period, a court Jew, or court factor (german: Hofjude, Hoffaktor; yi, היף איד, Hoyf Id, קאַורט פאַקטאַר, ''Kourt Faktor''), was a Jewish banker who handled the finances of, or lent money to, European, main ...
s" (german: Hofjuden) who had served as advisers and moneylenders to the Prince-Archbishops of Cologne in the
Rhineland The Rhineland (german: Rheinland; french: Rhénanie; nl, Rijnland; ksh, Rhingland; Latinised name: ''Rhenania'') is a loosely defined area of Western Germany along the Rhine, chiefly its middle section. Term Historically, the Rhinelands ...
area for several generations. In 1789, at the age of 17, Oppenheim Jr. set up a small commissions and exchange house in Bonn, then the residence of Prince-Archbishop Maximilian Francis of Austria. Nine years later, after French troops had occupied the left banks of the
Rhine ), Surselva, Graubünden, Switzerland , source1_coordinates= , source1_elevation = , source2 = Rein Posteriur/Hinterrhein , source2_location = Paradies Glacier, Graubünden, Switzerland , source2_coordinates= , so ...
, Oppenheim Jr. moved to the city of
Cologne Cologne ( ; german: Köln ; ksh, Kölle ) is the largest city of the German western state of North Rhine-Westphalia (NRW) and the fourth-most populous city of Germany with 1.1 million inhabitants in the city proper and 3.6 millio ...
. He was one of the first Jews who settled in Cologne since the expulsion of the Jewish community in 1424. Oppenheim became banker and tax collector by order of the French occupying power. After the establishment of the
Province of Jülich-Cleves-Berg The Province of Jülich-Cleves-Berg (german: Provinz Jülich-Kleve-Berg) was a province of Prussia from 1815 to 1822. Jülich-Cleves-Berg was established in 1815 from part restored and part newly annexed lands by the Kingdom of Prussia from Franc ...
in 1815, he took service with the
Prussian Prussia, , Old Prussian: ''Prūsa'' or ''Prūsija'' was a German state on the southeast coast of the Baltic Sea. It formed the German Empire under Prussian rule when it united the German states in 1871. It was ''de facto'' dissolved by an e ...
state. Oppenheim Jr. and his wife Therese (Stein, born Deigen Levi) had 12 children. After Salomon's death, two of his sons, and
Abraham Abraham, ; ar, , , name=, group= (originally Abram) is the common Hebrew patriarch of the Abrahamic religions, including Judaism, Christianity, and Islam. In Judaism, he is the founding father of the special relationship between the Je ...
, took over management of the bank. Another son, co-published the
Rheinische Zeitung The ''Rheinische Zeitung'' ("Rhenish Newspaper") was a 19th-century German newspaper, edited most famously by Karl Marx. The paper was launched in January 1842 and terminated by Prussian state censorship in March 1843. The paper was eventually su ...
and was a railway industrialist. Salomon Jr.'s and Therese's daughter Bertha "Betty" Hertz née Oppenheim married Heinrich David Hertz (born as Hertz Hertz)—their son Gustav Ferdinand Hertz (born as David Gustav Hertz) with his wife Anna Elisabeth née Pfefferkorn later became parents of Heinrich Rudolf Hertz and Gustav Theodor Hertz, who in turn later became the father of
Gustav Ludwig Hertz Gustav Ludwig Hertz (; 22 July 1887 – 30 October 1975) was a German experimental physicist and Nobel Prize winner for his work on inelastic electron collisions in gases, and a nephew of Heinrich Rudolf Hertz. Biography Hertz was born in Hamb ...
. The main branches of the family converted to
Protestantism Protestantism is a branch of Christianity that follows the theological tenets of the Protestant Reformation, a movement that began seeking to reform the Catholic Church from within in the 16th century against what its followers perceived to b ...
(Betty Oppenheim and Heinrich David Hertz, and Simon Oppenheim's son
Eduard Eduard Model Accessories is a Czech manufacturer of plastic models and finescale model accessories. Formed in 1989 in the city of Most, Eduard began in a rented cellar as a manufacturer of photoetched brass model components. Following the succ ...
) and
Catholicism The Catholic Church, also known as the Roman Catholic Church, is the largest Christian church, with 1.3 billion baptized Catholics worldwide . It is among the world's oldest and largest international institutions, and has played a ...
(Abraham's son ) in the late 19th century. The company he founded, Sal. Oppenheim, is now a subsidiary of
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 ...
. Participation of the Oppenheim family effectively ended in 2005 with the death of Alfred Freiherr von Oppenheim. It moved its headquarters to
Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
in 2007 and was acquired by
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 ...
in 2009/10.


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Oppenheim family The Oppenheim family is a German Jewish banking family which founded what was Europe's biggest private bank, Sal. Oppenheim. According to Manager Magazin 2008, the Oppenheim family was among the 30 richest families in Germany, with assets over 8 b ...
1772 births 1828 deaths German bankers German company founders 19th-century German businesspeople 18th-century German Jews Businesspeople from Mainz Jewish bankers {{Germany-business-bio-stub