Portrait of Jacob Schiff

Birthday profile

Jacob Schiff

American banker, philanthropist (1847–1920)

Born
January 10, 1847
Died
September 25, 1920
Zodiac sign
Capricorn
Birth year
1847

About Jacob Schiff

Jacob Henry Schiff (born Jakob Heinrich Schiff; January 10, 1847 – September 25, 1920) was a Jewish German-born American banker, businessman, and philanthropist. He helped finance the expansion of American railroads, and the Japanese military efforts against Tsarist Russia in the Russo-Japanese War. Born in Frankfurt, Germany, Schiff migrated to the United States after the American Civil War and joined the firm Kuhn, Loeb & Co. From his base on Wall Street, he was the foremost Jewish leader from 1880 to 1920 in what later became known as the "Schiff era", grappling with all major Jewish issues and problems of the day, including the plight of Russian Jews, American and international antisemitism, care of needy Jewish immigrants, and the rise of Zionism. He also became a director of many important corporations, including the National City Bank of New York, Equitable Life Assurance Society, Wells Fargo & Company, and the Union Pacific Railroad. In many of his interests he was associated with E. H. Harriman. Schiff was educated in the schools of Frankfurt, and was first employed in the banking and brokerage business as an apprentice in 1861. One ancestor, David Tevele Schiff, became lead rabbi in Great Britain and from 1765 until his death was acting head of the London Synagogue. He became a broker on November 21, 1866, and joined the firm of Budge, Schiff & Company in 1867. He became a naturalized citizen of the United States in September 1870.However, Schiff's modern biographer Cohen, says this happened a year later.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

Jacob Schiff timeline

  1. One ancestor, David Tevele Schiff, became lead rabbi in Great Britain and from 1765 until his death was acting head of the London Synagogue.
  2. Schiff was educated in the schools of Frankfurt, and was first employed in the banking and brokerage business as an apprentice in 1861.
  3. He became a broker on November 21, 1866, and joined the firm of Budge, Schiff & Company in 1867.
  4. He became a naturalized citizen of the United States in September 1870.However, Schiff's modern biographer Cohen, says this happened a year later.

The world when Jacob Schiff was born

Jacob Schiff was born in 1847. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Culture in 1847

  • Best-selling bookJane Eyre by Charlotte Brontë & Wuthering Heights by Emily Brontë

Headlines and milestones

  • Top headlineMormons arrive in Salt Lake Valley
  • Technology milestoneChloroform used as anesthetic
  • World population~1.27B

United States snapshot

  • U.S. leaderJames K. Polk
  • U.S. population20.8M

1847 versus 2026

These figures put everyday life in Jacob Schiff's birth year beside the site's latest United States snapshot.

Measure18472026
Population20.8M341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Encyclopaedia Britannica, Library of Congress. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.