Wilhelm von Finck

Wilhelm von Finck (born 6 February 1848 - 4 April 1924) was a German entrepreneur and banker. Finck was a co-founder of the German companies Allianz and Munich Re.[1]

Wilhelm von Finck
Wilhelm Finck, around 1883
Born(1848-02-06)6 February 1848
Bad Vilbel, Hesse, Germany
Died4 April 1924(1924-04-04) (aged 76)
Munich, Germany
NationalityGerman
OccupationBusinessman
Spouse(s)
Marie Fäustle
(
m. 1886)
Children4

Life

In Frankfurt am Main, he was a student at the Hasselsche Institut. He worked first for German company Bankhaus Philipp Nicolaus Schmidt. Since 1869 he worked for Nestle, Andreae & Co. in London and since 1870 for Merck Finck & Co. in Darmstadt. By 1879, together with his brother August Finck, who replaced the departing general Adolf Karl Ludwig Christian, the previous authorized representative Wilhelm von Finck already held a large part of the bank assets of Merck Finck & Co.

Together with German entrepreneur Theodor von Cramer-Klett and Carl von Thieme he founded company Munich Re in April 1880. German company Allianz AG was founded in Berlin on 5 February 1890 by then director of the Munich Reinsurance Company (Munich Re) Carl von Thieme (a native of Erfurt, whose father was the director of Thuringia) and Wilhelm von Finck.

Personal life

In 1886, he married Marie Fäustle and they had four children.[2] One of his children was German businessman August von Finck Sr. (1898-1980).

Awards
  • Merit Order of the Bavarian Crown

Literature
  • Bernhard Hoffmann: Wilhelm von Finck 1848-1924. Lebensbild eines deutschen Bankiers, Verlag Beck, München 1953.
  • Bernhard Hoffmann: Finck, Wilhelm Peter von. In: Neue Deutsche Biographie (NDB). Band 5, Duncker & Humblot, Berlin 1961, ISBN 3-428-00186-9, p. 150 f. (Digitalisat).
  • Genealogisches Handbuch des Adels, Adelslexikon Band III, Band 61 der Gesamtreihe, C. A. Starke Verlag, Limburg (Lahn) 1975, ISSN 0435-2408.
  • Genealogisches Handbuch des in Bayern immatrikulierten Adels, Band XXV; 2004. 62, Vereinigung des Adels in Bayern. Verlag : Degener, ISBN 3-7686-5191-6
  • Marita Krauss: Die Finks. Eine Dynastie der Hochfinanz zwischen Wirtschaft und Politik, in: Marita Krauss (Hrsg.): Die bayerischen Kommerzienräte - Eine deutsche Wirtschaftselite von 1880 bis 1928, Volk Verlag, München 2016, p. 258–264. ISBN 978-3-86222-216-2
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References

[3][4][5][6]

  1. "5. Februar 1890 - Gründung der Allianz-Versicherung". wdr.de. WDR. Archived from the original on 2018-09-30. Retrieved 2018-09-30.
  2. Haus der Bayrischen Geshichte: Wilhelm von Finck
  3. "Wilhelm von Finck". crunchbase.com. Crunchbase. Archived from the original on 2018-09-30. Retrieved 2018-09-30.
  4. "#167 August von Finck". forbes.com. Forbes. Archived from the original on 2018-09-30. Retrieved 2018-09-30.
  5. David Brierley (17 January 2010). "Merck Finck heir sues brothers for family bank sale to Barclays". independent.co.uk. The Independent. Archived from the original on 2018-09-30. Retrieved 2018-09-30.
  6. "Allianz - Profile". businessinsider.com. Business Insider, Markets. Archived from the original on 2018-09-30. Retrieved 2018-09-30.
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