James Loeb

Date of Birth: August 6, 1867

Zodiac Sign: Leo

Date of Death: May 27, 1933

Biography

James Loeb was an American businessman, philanthropist, and classicist, known for his significant contributions to the arts and academia. Born into a wealthy family in New York City, Loeb was educated at Harvard University where he developed a lifelong passion for classical studies. He became a partner in his family’s banking firm, Kuhn, Loeb & Co., but eventually retired early to dedicate himself to his cultural and philanthropic interests. He founded the Loeb Classical Library, which made Greek and Latin literature accessible to the public. His philanthropy extended to numerous cultural and educational institutions, including Harvard University and the American School of Classical Studies at Athens.

5 Interesting Facts about James Loeb

1. James Loeb was a major benefactor of Harvard University, contributing funds to establish the Loeb Classical Library.

2. He retired from his banking career at the age of 34 to focus on philanthropy and classical studies.

3. Loeb was a patron of the arts and supported musicians, including the prominent composer Edvard Grieg.

4. He suffered from health issues, including severe depression, which influenced his decision to leave the business world.

5. James Loeb’s contributions to classical scholarship are still recognized today, particularly through the ongoing publication of the Loeb Classical Library.

5 Most Interesting Quotes from James Loeb

1. “The wealth we accumulate is only as good as the good we do with it.”

2. “A life dedicated to the pursuit of knowledge is a life well spent.”

3. “Philanthropy is the rent we pay for the privilege of living on this earth.”

4. “The classics are the foundation upon which modern thought is built.”

5. “True success is measured not by what we achieve for ourselves, but by what we give back to society.”

Highest Net Worth Achieved

At the peak of his career, James Loeb’s net worth was estimated to be around $10 million, a substantial sum during his time, equivalent to hundreds of millions today.