Fould family


Fould family
   bankers, businessmen
   Bénédict Fould (1792-1858) was born in Paris, the son of the founder of Fould, Oppenheimer, & Co. bank, and contributed to the establishment of the Union Insurance Company (September 1828) and several financial companies. Achille Fould (18001867), a banker and political figure, was born in Laloubère, Haute-Pyrénées. The brother of Benedict Fould, he was elected a deputy (1842), and became known through his financial study, Observations sur la question financière adressées à l'Assemblé nationale (May 1848). In October 1849, he was named minister of finance by napoléon III and held that post until January 1852. Founder of a number of old-age and retirement savings plans and of the Crédit Mobilier (with jacob pereire in 1852), and organizer of the universal Exposition of 1855, he was a senator, minister of state (1852-60), and a member of the Privy Council under the second empire.A supporter of economic liberalism, he contributed to the signing of a commercial treaty with Great Britain (1860). Later made minister of finance (1861-67), he tried with little success to limit the regime's expenses.

France. A reference guide from Renaissance to the Present . 1884.

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  • Achille Fould — (November 17, 1800 ndash;October 5, 1867) was a French financier and politician. Born in Paris, the son of a successful Jewish banker, he was associated with and afterwards succeeded his father in the management of the business. As early as 1842… …   Wikipedia

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