MG
Economics & Business

Marcus Goldman

Who

Marcus Goldman · Economics & Business

What

Founded Goldman Sachs

When

1821, Trappstadt, Bavaria (now Germany) — 1904, Elberon, New Jersey, United States

Where

Germany · United States

Biography

Marcus Goldman is recognized among Jewish contributors to Economics & Business — Founded Goldman Sachs

How & why

Marcus Goldman was a German-born banker who emigrated to the United States and in 1869 founded the firm that became Goldman Sachs, pioneering the trading of commercial paper in New York. His son-in-law Samuel Sachs later joined, giving the firm its enduring name. He was Jewish, born to a Jewish family in Bavaria.

Sources & external links

Verify and go deeper with these external references.

Source: Investment banking pioneer

Contributions & Sources

Founded Goldman Sachs

1869

Source: Investment banking pioneer