Grunfeld, Henry
Name |
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Birthname | Heinrich Grünfeld | ||||
born on | 1 June 1904 at 04:30 (= 04:30 AM ) | ||||
Place | Breslau, Germany, 51n0654, 17e0212 | ||||
Timezone | MET h1e (is standard time) | ||||
Data source |
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Astrology data | 10°12' 13°36 Asc. 21°33' |
Biography
German-Jewish banker, prominent in the development of investment banking and the growth of London as a financial centre following the Second World War.
Grunfeld was co-founder of S.G. Warburg, which became the preeminent UK-based investment bank by the early 1990s and "the biggest force in post-world-war merchant banking". While the firm had been named after his colleague Siegmund Warburg, whose family were already long established in banking in Germany and the United States, upon Grunfeld's death it was noted that "Warburg, Grunfeld and Company would have been the more accurate style".
In April 1934, following the rise of Hitler, Grunfeld was arrested by the Gestapo without warrant or charge and jailed for fifty-four hours. He was able to use his status as an honorary Consul of Spain to avoid deportation to a concentration camp and fled to London with his family shortly after the Night of the Long Knives. His family business became the subject of Aryanization and was plundered by the Nazis, and after the application of the various Nazi capital flight taxes and exchange controls, almost all Grunfeld's personal assets were also confiscated: he arrived in the United Kingdom with £4,000 (equal to just 7.5% of his company's original book value at the time of its founding in 1898). Many members of his family remained in Germany and were killed during the Third Reich. While Grunfeld was later highly active with post-war German industrial companies, he never returned to Berlin and made no post-war restitution claim.
Henry Grunfeld died on 10 June 1999, aged 95, in London, England.
Events
Source Notes
Sy Scholfield provided birth registry entry.
Categories
- Lifestyle : Financial : Gain - Financial success in field
- Lifestyle : Financial : Loss - Financial crisis (Family business plundered by Nazis)
- Lifestyle : Financial : Wealthy
- Lifestyle : Home : Expatriate (German emigrant to UK)
- Passions : Criminal Victim : Financial crime victim (Family business plundered by Nazis)
- Personal : Death : Long life more than 80 yrs (Age 95)
- Vocation : Business : Banker/ Financier
- 1904 births
- Birthday 1 June
- Birthplace Breslau, GER
- Sun 10 Gemini
- Moon 13 Capricorn
- Asc 21 Gemini
- 1999 deaths
- Lifestyle : Financial : Gain - Financial success in field
- Lifestyle : Financial : Loss - Financial crisis
- Lifestyle : Financial : Wealthy
- Lifestyle : Home : Expatriate
- Passions : Criminal Victim : Financial crime victim
- Personal : Death : Long life more than 80 yrs
- Vocation : Business : Banker/ Financier