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Samuel Sachs (/ z ɑː k s /; July 28, 1851 – March 2, 1935) was an American investment banker. He is most known for co-founding Goldman Sachs along with Marcus Goldman. He is noted for changing the nature of merchant banking by underwriting of the flotation of many major companies through the use of these sales to raise funds.
- Goldman–Sachs family
Marcus Goldman's youngest daughter, Louisa, married Samuel...
- Goldman–Sachs family
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.
Samuel Sachs was an American investment banker. He is most known for co-founding Goldman Sachs along with Marcus Goldman. He is noted for changing the nature of merchant banking by underwriting of the flotation of many major companies through the use of these sales to raise funds.
Born in 1851 in Maryland, Samuel Sachs had begun working at 15 as a bookkeeper and went on to run a small boards, glass, and mirrors business. When Samuel accepted his father-in-law’s offer, Marcus renamed the firm M. Goldman & Sachs. The firm became Goldman, Sachs & Co. in 1888.
The Goldman Sachs Group, Inc. (/ s æ k s / SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers.
Samuel Sachs. Goldman, Sachs and Company. 1904–1928. Industry: Finance. Era: 1900. Sachs, together with his friend Philip Lehman of Lehman Brothers, was one of the first to realize the potential of issuing stock as a way for new companies to raise funds.
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When Marcus Goldman brought his son-in-law Samuel Sachs on as his business partner in 1882, neither man could know that it would be the beginning of a partnership that would last for more than a century and a half, employing generations of both families.
