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Julius Philipp

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German-born metal trader who co-founded Philipp Brothers

Julius Philipp
BornJulius Philipp
1 March 1878
Hamburg, German Empire
Died15 March 1944(1944-03-15) (aged 66)
Bergen-Belsen concentration camp, Nazi Germany
OccupationMetal trader
Known forCo-founder of Philipp Brothers
FamilyOscar Philipp (brother)
Elliot Philipp (nephew)
Martha Bernays (cousin)

Julius Philipp (1 March 1878 – 15 March 1944) was a German-born metal trader who co-founded Philipp Brothers.

Biography

Julius Philipp was born to an Orthodox Jewish family in Germany. He was a cousin to Martha Bernays, the wife of Sigmund Freud. In 1901, he founded a small metal trading company in Hamburg, Germany. In 1909, Philipp and his younger brother, Oscar Philipp established a metal trading company in London under the name of Philipp Brothers. Julius continued to run the German operation out of Hamburg. In 1914, with the advent of World War I, Siegfried Bendheim, an apprentice, German citizen, and minor partner in Philipp Brothers, avoided internment by the British government by moving to New York City where he established Philipp Brothers, Inc. Oscar Philipp was not affected by the war as he had previously obtained British citizenship. In 1923, another apprentice and second cousin to Bendheim, Siegfried Ullmann, moved to the New York office. In 1934, Julius moved Philipp Brothers' German operations to Amsterdam due to the rise of Nazi Germany. In 1944, he died in the Bergen-Belsen concentration camp. The New York office eventually became Philipp Brothers headquarters.

References

  1. ^ Storli, Espen (30 August 2013). "Ludwig Jesselson (1910-1993)". Immigrant Entrepreneurship. Retrieved 28 May 2018.
  2. Berlin, Isaiah (7 September 2017). Affirming: Letters 1975-1997. Vintage Digital. ISBN 978-1845952259.
  3. ^ Meyer, Gregory (2 February 2015). "Rise and fall of a commodities powerhouse". Financial Times.
  4. Bloomberg. "Phibro LLC: Private Company Information - BusinessWeek". Archived from the original on 8 October 2012. Retrieved 19 December 2010.
  5. Phibro. "Phibro". Retrieved 24 December 2010.
  6. Corkery, Michael (9 October 2009). "10 Things You Didn't Know About Phibro and Andrew Hall". Wall Street Journal.


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