Jakob Goldschmidt (Q1679058)

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German Jewish banker persecuted by Nazis (1882-1955)
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Jakob Goldschmidt
German Jewish banker persecuted by Nazis (1882-1955)

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    Goldschmidt was one of the most influential bankers in Weimar Germany. He began collecting Impressionist art and Old Masters in the 1920s and was also a major patron of Berlin’s Neue Nationalgalerie. He fled to Switzerland in 1933, and then emigrated to the US, where he died in 1955.A part of his art collection remained in Berlin as collateral for a loan. The Nazis seized it, including the Renoir painting of the Cote d’Azur, in 1941. The work was sold that year at the Berlin auction house Hans W. Lange. It was again offered for sale at Galerie Nathan in Zurich in 1960, and later purchased by the first president of the BDI association of German industry, Fritz Berg. After his widow died, Berg’s collection went to the Osthaus Museum in Hagen. (English)
    Jakob Goldschmidt
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