
J. Henry Schroder
German investment banker
Johann Heinrich Schröder (12 December 1784 – 28 June 1883) was a member of the Hanseatic Schröder family of Hamburg, who settled in London and founded Schroders, one of the United Kingdom's largest investment banks.2
From Wikipedia’s article on J. Henry Schroder (this version), CC BY-SA 4.0.
Born Dec 12, 1784, died Jun 28, 1883.1
Companies
Early life and education
Schröder was born on 12 December 1784 in Hamburg to the prominent merchant (and First Mayor of Hamburg) Christian Matthias Schröder and his wife, Luise Mutzenbecher, from the notable Mutzenbecher family. Schröder's family was Lutheran.
From Wikipedia’s article on J. Henry Schroder (this version), CC BY-SA 4.0.
Career
Occupation: banker, entrepreneur, businessperson, merchant, politician.4
Having been admitted to his older brother's firm, J. F. Schröder & Co., at the age of 16, Johann Heinrich Schröder (John Henry Schröder) learnt about acting as principal in the shipping of commodities such as sugar and about acting as an acceptor of bills of exchange from an early age.
He then went on to form his own firms: J. Henry Schröder & Co. in London in 1818 and J. H. Schröder & Co. in Hamburg in 1819. In 1829 John Henry was appointed Russian Vice-consul in Hamburg and this enabled him to establish expertise in exporting commodities to Russia. The London firm shipped indigo and sugar to St Petersburg while the Hamburg firm shipped coffee and sugar to St Petersburg.
In 1839 he established a third firm, J. H. Schröder & Co., in Liverpool, receiving consignments of cotton from the Southern States of America.
By the 1840s he was one of the United Kingdom's leading guarantors of bills of exchange relating to textile shipments.
He retired from the business in 1849 aged 65 and retired to his country estate at Gross Schwansee in Mecklenburg (Kalkhorst) which he had bought in 1846. In retirement, he established a home for the elderly known as the Schröder Stiftung, and in 1868 he was made a Prussian Freiherr with the title of Baron Johann Heinrich von Schröder.
From Wikipedia’s article on J. Henry Schroder (this version), CC BY-SA 4.0.
Personal life
Schröder married Henriette von Schwartz in 1819. Together, they had three sons and six daughters. His son John Henry William Schroder was also a banker and helped to expand the firm started by his father.
From Wikipedia’s article on J. Henry Schroder (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataJ. Henry Schroder on Wikidata
- 2WikipediaJ. Henry Schroder on Wikipedia
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- 8WikidataSchroders, Founder
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