Moritz Hochschild

Moritz (Mauricio) Hochschild (February 17, 1881 – June 12, 1965) was a leading mining industry businessman in the first half of the twentieth century. Along with Simón Iturri Patiño and Carlos Víctor Aramayo, one of the three so-called Bolivian tin barons.[1][2] Additionally, he saved thousands of Jews during the Holocaust by facilitating their legal admission to Bolivia.[2]

Moritz Hochschild
Born
Moritz Hochschild

February 17, 1881
Biblis, Germany
DiedJune 12, 1965 (age 84)
Paris, France
CitizenshipGerman
OccupationMining executive
Spouse(s)Käthe Rosenbaum
ChildrenGerardo Hochschild Rosenbaum

Early life

Hochschild was born in Biblis, Germany, into a Jewish family[2] which had already been active in the mining industry for over a generation. He was the eldest son of a general trader who had two cousins involved in the metal industry: brothers Berthold Hochschild, who founded the American Metal Company and Zachary Hochschild, a partner in Metallgesellschaft.[3] After Hochschild graduated from school, he studied mining and engineering at the Freiberg University of Mining and Technology.[4] He was agnostic.

Career

In 1905, he began his career in the field at the large industrial conglomerate Metallgesellschaft.[4] and then as the company's agent in Spain and Australia and then finally moved to South America to work independently.[4] After several years in Chile, he returned to Germany and stayed there until the end of the first World War.

In 1918, he married Käthe Rosenbaum and in 1920, he returned once again to Bolivia. In 1920, his son, Gerardo Hochschild Rosenbaum, was born; his wife died in 1924.[4] Known as Don Mauricio in South America, Hochschild built up an economic empire in Bolivia during the following two decades around the mining and trade of tin ore. His empire stretched from Peru to Chile. During this period of growth, more of his family followed him to South America to work for him, including his cousin Philipp Hochschild and Philipp's wife Germaine. Moritz and Germaine had an affair, and they married after Germaine divorced Philipp.[4]

The 1930s saw the peak of the Moritz Hochschild Group's economical and political influence. In 1938, using his influence with German Busch, Bolivia's military president from 1937 to 1939, Hochschild pushed Bolivia to open its doors to Jewish refugees from Hitler's Germany. An estimated 9,000 were admitted. Hochschild also funded the transport of the refugees and their housing once they arrived in the South American country. Mass media outlets have called him "Bolivia's Schindler."[5][6]

In both 1939 and 1944, Hochschild was arrested by the Bolivian government and sentenced to death.[4] Just two weeks after his release following his 1944 arrest, he was captured and held by kidnappers for two weeks. After he was freed he left Bolivia, never to return.[4]

In 1951, the Hochschilds donated the majority of their fortune to the Hochschild Trust and Foundation. In the following year, the Moritz Hochschild Group was nationalized during the Bolivian National Revolution; however, they were compensated with an allotment of 30% of the company's prior assets.[4] The company, Hochschild Mining, grew further and expanded worldwide. In 1961 Hochschild inaugurated Mantos Blancos copper mine in Antofagasta, Chile, which became his most successful mining operation, although its best results were to come after his death.

Holocaust savior

Hochschild has been being called the "Bolivian Schindler,"[5] after it was discovered that the Bolivian business tycoon with facilitated the escape of at least 9,000 Jews from Nazi Germany. It is now believed that he had strong connections with the Nazi resistance movement, despite being vilified in his time.

Final years

Moritz Hochschild died in 1965 in Paris.[6] He is the great uncle of billionaire Eduardo Hochschild, who is now the Chairman of Hochschild Mining PLC.[7]

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gollark: See, noise pollution and such from commercial areas diminishes with distance, but with zero distance there are problems.
gollark: Plus, there was noise pollution.
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References
  1. "The Secret Schindler: Mauricio Hochschild". aish.com. 2017-05-20. Retrieved 2018-03-10.
  2. McConahay, Mary Jo (2018). The Tango War: The Struggle for the Hearts, Minds and Riches of Latin America During World War II. St. Martin's Publishing Group. p. 102. ISBN 9781250091246.
  3. John, Hillman. "A Review of Helmut Waszkis' Dr. Moritz (Don Mauricio) Hochschild 1881-1965. The Man and His Companies. A German ]ewish Mining Entrepreneur in South America" (PDF). Mining History Journal. pp. 151–55. Retrieved August 13, 2020 – via mininghistoryassociation.org.
  4. Hochschild, Moritz. "Papers of Moritz Hochschild" – via cjh.org.
  5. "Old files reveal wartime tale of 'Bolivian Schindler'". Guardian TV. Retrieved 2018-03-10.
  6. Llona, Carmen (2017-03-17). "'Bolivian Schindler' saved some 9,000 lives during Holocaust, papers show". Fox News. Retrieved 2018-03-10.
  7. "Eduardo Hochschild". Forbes. Retrieved 2018-03-10.
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