Henry Lehman (1822 - 1855) MP

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Birthplace: Rimpar, Lower Franconia, Bavaria, Germany
Death: Died in New Orleans, Orleans, Louisiana, United States
Cause of death: Yellow Fever
Occupation: Founder, Lehman Bros.
Managed by: Judith יהודית Ann Berlowitz
Last Updated:

About Henry Lehman

Henry Lehman (c. 1822 – November 17, 1855) was a Jewish German-American businessman and the founder of Lehman Brothers.

Born Heinrich Lehmann to a cattle merchant in Rimpar, Bavaria, Lehman emigrated to the United States in 1844. He settled in Montgomery, Alabama, and opened a dry goods store named, "H. Lehman". [1] In 1847, following the arrival of his younger brother Emanuel Lehman, the firm became, "H. Lehman and Bro." With the 1850 arrival of Mayer Lehman, the youngest brother, the firm became "Lehman Brothers".

In those years, cotton was the most important crop of the Southern United States. Capitalizing on cotton's extremely high market value around the world, the Lehman brothers became cotton factors, accepting cotton bales from customers as payment for their merchandise. They eventually began a second business as traders in cotton. [1] Within a few years, this became the major part of their firm.

In 1855, Henry Lehman died from yellow fever while travelling in New Orleans. Later, his brothers moved the company's headquarters to New York City, eventually building it into an important American investment bank, which was in operation for over 150 years until its September 15, 2008 collapse.

From Wikipedia, http://en.wikipedia.org/wiki/Henry_Lehman

-------------------- Henry Lehman (born Hayum Lehmann; c. 1822 – November 17, 1855) was a German-born American businessman and the founder of Lehman Brothers financial services, which declared bankruptcy in 2008.

Lehman was born to a Jewish family,[1] the son of Abraham Lehmann, a cattle merchant in the small Franconian town of Rimpar near Würzburg, Lehman emigrated to the United States in 1844, where he changed his name to Henry Lehman.[2] He settled in Montgomery, Alabama, and opened a dry goods store named, "H. Lehman".[3] In 1847, following the arrival of his younger brother Emanuel Lehman, the firm became, "H. Lehman and Bro." With the 1850 arrival of Mayer Lehman, the youngest brother, the firm became "Lehman Brothers".

In those years, cotton was the most important crop of the Southern United States. Capitalizing on cotton's extremely high market value around the world, the Lehman brothers became cotton factors, accepting cotton bales from customers as payment for their merchandise. They eventually began a second business as traders in cotton.[3] Within a few years, this became the major part of their firm.

In 1855, Henry Lehman died from yellow fever while travelling in New Orleans. Later, his brothers moved the company's headquarters to New York City, eventually building it into an important American investment bank, which was in operation for over 150 years until its September 15, 2008 collapse.

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Henry Lehman's Timeline

1822
October 7, 1822
Rimpar, Lower Franconia, Bavaria, Germany
1849
November 5, 1849
Age 27
Montgomery, AL, USA
1851
1851
Age 28
Montgomery, Montgomery, Alabama, United States
1854
1854
Age 31
Montgomery, Montgomery, Alabama, United States
1855
November 17, 1855
Age 33
New Orleans, Orleans, Louisiana, United States
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