Otto Hermann Kahn

Date of Birth: February 21, 1867

Zodiac Sign: Pisces

Date of Death: March 29, 1934

Biography

Otto Hermann Kahn was a prominent American investment banker, collector, philanthropist, and patron of the arts during the late 19th and early 20th centuries. Born in Germany, Kahn moved to the United States where he became a partner at Kuhn, Loeb & Co., a major investment bank. His influence extended beyond finance; he was a significant figure in the world of arts and culture, supporting numerous artists, theaters, and opera houses. His dedication to philanthropy and the arts left a lasting legacy, and he was known for his opulent lifestyle and magnificent estates, such as Oheka Castle in New York.

5 Interesting Facts about Otto Hermann Kahn

1. Otto Hermann Kahn was born in Mannheim, Germany, and later became a naturalized American citizen.

2. He was instrumental in the reorganization of the Baltimore and Ohio Railroad and the Union Pacific Railroad.

3. Kahn was a fervent supporter of the Metropolitan Opera and served as its chairman.

4. He built Oheka Castle on Long Island, one of the largest private homes in the United States.

5. Kahn was also involved in politics and was known for his progressive views, advocating for better labor conditions and various social reforms.

5 Most Interesting Quotes from Otto Hermann Kahn

1. “The most fundamental fact about the ideas and ideals of America is that they are all about liberty and justice for all.”

2. “True wealth lies in the ability to give and share.”

3. “The arts are not a luxury; they are essential to our culture and our humanity.”

4. “Business must have a conscience as well as a countinghouse.”

5. “The measure of a man’s real character is what he would do if he knew he would never be found out.”

Highest Net Worth Achieved

At the peak of his career, Otto Hermann Kahn’s net worth was estimated to be around $50 million, which would be equivalent to over $1 billion today when adjusted for inflation.

Children

Otto Hermann Kahn had four children: 1. Maud Kahn 2. Margaret Dorothy Kahn 3. Gilbert Kahn 4. Roger Wolfe Kahn – Roger was a well-known jazz musician and bandleader.