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Marcus Goldman's youngest daughter, Louisa, married Samuel Sachs, the son of Joseph Sachs, fellow Lower Franconia, Bavaria immigrant. [2] Louisa's older sister and Sam's older brother had already married.
Sachs married Louisa Goldman, the youngest daughter of Marcus Goldman, also Bavarian Jewish immigrant. [4] [6] They resided at The Pierre . [7] They had four children: Paul Joseph Sachs , Arthur Sachs, Walter Edward Sachs , and Ella S. Sachs.
The Sachs family’s presence at the firm continued in the decades that ensued. Peter Sachs, a descendant of Samuel Sachs, worked at the firm until his retirement in 1990: Peter was Howard’s son and Samuel’s great nephew and had worked at Goldman Sachs since 1969.
May 31, 2024 · Samuel Sachs (July 28, 1851 – March 2, 1935) was an American investment banker. He was born in the state of Maryland to Jewish immigrants from Bavaria, Germany. Sachs, along with his longtime friend Philip Lehman of Lehman Brothers, pioneered the issuing of stock as a way for new companies to raise funds.
- July 28, 1851
- Katherine Casler
- Maryland, United States
In 1882, Marcus Goldman takes on Samuel Sachs, the husband of his youngest daughter, as a junior partner. Thirteen years after beginning operations, Marcus Goldman invited his son-in-law Samuel Sachs to the business.
Jan 19, 2012 · Sachs was married to the daughter of Marcus Goldman and in 1882 joined his father-in-law's banking business (along with two brothers-in-law) creating Goldman, Sachs & Co. He named 'Ellencourt' for his daughter.
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Marcus served as senior partner until 1904, when he died in New Jersey. He was succeeded by his son-in-law, Samuel Sachs, and his son, Henry. This article was originally published as part of a series commemorating the 150th anniversary of Goldman Sachs' founding in 1869.
