Johann Heinrich Schröder (12 December 1784 – 28 June 1883) was a member of the

Hanseatic The Hanseatic League (; gml, Hanse, , ; german: label=German language, Modern German, Deutsche Hanse) was a Middle Ages, medieval commercial and defensive confederation of merchant guilds and market towns in Central Europe, Central and Norther ...

Schröder family The Schröder family is a Hanseatic family of Hamburg, that is, a family that belonged to the historical ruling class of grand burghers (also known more broadly in English as patricians) of the city republic prior to the constitutional changes in ...

Hamburg (male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal ...

, who settled in

London London is the capital and List of urban areas in the United Kingdom, 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 dow ...

and founded

Schroders Schroders plc is a British multinational asset management company, founded in 1804. The company employs over 5,000 people worldwide in 32 locations around Europe, America, Asia, Africa and the Middle East. Headquartered in the City of London, it ...

, one of 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 European mainland, continental mainland. It comprises England, Scotlan ...

's largest

investment bank Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...

Early life

Schröder was born on 12 December 1784 in Hamburg to the prominent merchant (and

First Mayor of Hamburg The following is a chronological list of mayors of Hamburg, a city-state in Germany. The mayors are the head of the city-state, part of the government of Hamburg. Since 1861, according to the constitution of 28 September 1860, the state has bee ...

) Christian Matthias Schröder and his wife, Luise Mutzenbecher, from the notable Mutzenbecher family. Schröder's family was

Lutheran Lutheranism is one of the largest branches of Protestantism, identifying primarily with the theology of Martin Luther, the 16th-century German monk and Protestant Reformers, reformer whose efforts to reform the theology and practice of the Cathol ...

Career

Having been admitted to his older brother's firm, ''J. F. Schröder & Co.'', at the age of 16, Johann Heinrich Schröder (John Henry Schröder) learnt about acting as principal in the shipping of commodities such as sugar and about acting as an acceptor of

bills of exchange A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, whose payer is usually named on the document. More specifically, it is a document contemplated by or consisting of a ...

from an early age. He then went on to form his own firms: '' J. Henry Schröder & Co.'' in

in 1818 and ''J. H. Schröder & Co.'' in

Hamburg (male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal ...

in 1819. In 1829 John Henry was appointed

Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eig ...

Vice-consul A consul is an official representative of the government of one state in the territory of another, normally acting to assist and protect the citizens of the consul's own country, as well as to facilitate trade and friendship between the people ...

Hamburg (male), (female) en, Hamburger(s), Hamburgian(s) , timezone1 = Central (CET) , utc_offset1 = +1 , timezone1_DST = Central (CEST) , utc_offset1_DST = +2 , postal ...

and this enabled him to establish expertise in exporting commodities to

. The London firm shipped

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and sugar to St Petersburg while the Hamburg firm shipped

coffee Coffee is a drink prepared from roasted coffee beans. Darkly colored, bitter, and slightly acidic, coffee has a stimulating effect on humans, primarily due to its caffeine content. It is the most popular hot drink in the world. Seeds of ...

and sugar to St Petersburg. In 1839 he established a third firm,'' J. H. Schröder & Co.'', in

Liverpool Liverpool is a city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the 10th largest English district by population and its metropolitan area is the fifth largest in the United Kingdom, with a populat ...

, receiving consignments of cotton from the Southern States of America. By the 1840s he was one of the

's leading guarantors of

relating to textile shipments. He retired from the business in 1849 aged 65 and retired to his country estate at

Gross Schwansee Gross may refer to: Finance *Gross Cash Registers, a defunct UK company with a high profile in the 1970s *Gross (economics), is the total income before deducting expenses Science and measurement *Gross (unit), a counting unit equal to 144 i ...

Mecklenburg Mecklenburg (; nds, label= Low German, Mękel(n)borg ) is a historical region in northern Germany comprising the western and larger part of the federal-state Mecklenburg-Western Pomerania. The largest cities of the region are Rostock, Schweri ...

(

Kalkhorst Kalkhorst is a municipality in the Nordwestmecklenburg district, in Mecklenburg-Vorpommern, Germany. It is close to the cities of Lübeck, Wismar and Schwerin Schwerin (; Mecklenburgian Low German: ''Swerin''; Latin: ''Suerina'', ''Suerinum'' ...

) which he had bought in 1846. In retirement, he established a home for the elderly known as the ''Schröder Stiftung'', and in 1868 he was made a

Prussia 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 ...

n ''

Freiherr (; male, abbreviated as ), (; his wife, abbreviated as , literally "free lord" or "free lady") and (, his unmarried daughters and maiden aunts) are designations used as titles of nobility in the German-speaking areas of the Holy Roman Empire ...

'' with the title of Baron Johann Heinrich von Schröder.

Family

Schröder married Henriette von Schwartz in 1819. Together, they had three sons and six daughters.Roberts, Richard page 42 His son John Henry William Schroder was also a banker and helped to expand the firm started by his father.

References

External links

{{DEFAULTSORT:Schroder, Johann Heinrich 1784 births 1883 deaths Grand burghers of Hamburg German emigrants to the United Kingdom German Lutherans 19th-century Lutherans

Early life

Career

Family

References

Further reading

External links