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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 . [2] 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.
- July 28, 1851, Maryland, U.S.
- Investment banker
- Name partner of Goldman Sachs
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.
Samuel Sachs, a descendant of the Sachs family that founded Goldman Sachs in 1869, was a leader and innovator who shaped the firm's growth and survival in the face of adversity. He helped expand the business into foreign markets, create a strong capital base and focus on client needs, and contribute to the firm's art collection and museum.
Ann Sachs; Patricia Sachs; Christopher Michael Sachs; James Sachs; Robert Donal Sachs; Thomas Dudley Sachs ; Louisa Goldman Sachs married to Samuel Sachs (1851–1935) Paul J. Sachs (1878–1965), art historian, married to Meta Pollak (–1960) Elizabeth Sachs; Celia Sachs Robinson, married to Charles A. Robinson, Jr. (1900–1965), classical ...
Samuel Sachs was a financier and leader of the 20th century who co-founded Goldman, Sachs and Company in 1904. He also pioneered the issuance of stock for new companies and the development of the over-the-counter, bond, and convertibles markets.
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Who were Marcus Goldman and Samuel Sachs?
Who was Samuel Sachs?
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With the addition of his son-in-law, Samuel Sachs, in 1882, and his son, Henry Goldman, in 1885, Marcus Goldman’s enterprise became a partnership with a new name: Goldman, Sachs & Co. By the time the firm joined the New York Stock Exchange in 1896, Goldman Sachs was a leader in commercial paper sales.
(1821 - 1904; 1851 - 1935) Marcus Goldman and Samuel Sachs were Jewish American businessmen and financiers who founded Goldman Sachs, one of the world's largest investment banks. Goldman was a German-Jewish immigrant businessman. He was born in what is now Germany and immigrated to the United States in 1848.
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