Emanuel Lehman (born Mendel Lehmann; February 15, 1827 – January 10, 1907) was an American

banker A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

. He was the younger brother of

Henry Lehman Henry Lehman (born Hayum Lehmann; September 29, 1822 – November 17, 1855) was a German-born American businessman and the founder of Lehman Brothers, which grew from a cotton and fabrics shop during his life to become a large finance firm under ...

and the older brother of Mayer Lehman, and he was a co-founder of

Lehman Brothers Lehman Brothers Inc. ( ) was an American global financial services firm founded in 1850. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merril ...

Biography

Emanuel Lehman was born in Rimpar,

Bavaria Bavaria, officially the Free State of Bavaria, is a States of Germany, state in the southeast of Germany. With an area of , it is the list of German states by area, largest German state by land area, comprising approximately 1/5 of the total l ...

on February 15, 1827, the son of Eva (Rosenheim) and Abraham Lehmann, a cattle merchant. He traveled to the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

in 1847 to join his brother Henry in business. He married Pauline Sondheim in May 1859, and they had four children. His wife died in 1871. When the newly formed Mutual Alliance Trust Company opened for business in New York on the Tuesday after June 29, 1902, there were 13 directors, including Lehman, William Rockefeller, and

Cornelius Vanderbilt Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed "the Commodore", was an American business magnate who built his wealth in railroads and shipping. After working with his father's business, Vanderbilt worked his way into lead ...

Philanthropy and family

In 1897, he donated $100,000 (equivalent to $ million in ) to the Hebrew Orphan Asylum of New York, under the condition "to enlarge and perpetuate its usefulness." In May 1859, he married Pauline Sondheim, daughter of Louis Sondheim of New York. Pauline died in 1871. They had four children: Milton Lehman; Philip Lehman, a partner in the firm; Harriet Philip Lehman, and Evelyn Philip Lehman. He was of

Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...

background.

References

1827 births 1907 deaths Jewish American bankers Jewish German bankers Bavarian emigrants to the United States Jews from Alabama Lehman Brothers people Lehman family Mutual Alliance Trust Company people 19th-century German Jews People from Würzburg (district) {{US-business-bio-1820s-stub

Biography

Philanthropy and family

See also

References