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Born in New York City to [[Emanuel Lehman]] (1827–1907) and Pauline Sondheim (1843–1871), Emanuel was a co-founder of [[investment bank]], [[Lehman Brothers]]. Philip became a partner in the family-owned firm in 1887 and was the firm's managing partner from 1901 to 1925. He was also the first chairman of the board of the Lehman Corporation.<ref>[http://select.nytimes.com/gst/abstract.html?res=FB0C10FA3C58147B93C0AB1788D85F438485F9&scp=2&sq=%22philip+lehman%22&st=p PHILIP LEHMAN, 85, NOTEDBAMER,DIES; Lehman Bros. Senior Partner, Cousin of Ex-Covernoru Was an Art Collector]</ref> Lehman was notable as one of the first financiers to recognize the potential of issuing stock as a way for new companies to raise capital.
Born in New York City to [[Emanuel Lehman]] (1827–1907) and Pauline Sondheim (1843–1871), Emanuel was a co-founder of [[investment bank]], [[Lehman Brothers]]. Philip became a partner in the family-owned firm in 1887 and was the firm's managing partner from 1901 to 1925. He was also the first chairman of the board of the Lehman Corporation.<ref>[http://select.nytimes.com/gst/abstract.html?res=FB0C10FA3C58147B93C0AB1788D85F438485F9&scp=2&sq=%22philip+lehman%22&st=p PHILIP LEHMAN, 85, NOTEDBAMER,DIES; Lehman Bros. Senior Partner, Cousin of Ex-Covernoru Was an Art Collector]</ref> Lehman was notable as one of the first financiers to recognize the potential of issuing stock as a way for new companies to raise capital.


Philip married Carrie Lauer (1865–1937) on Jan. 3, 1884.<ref>[http://research.frick.org/directoryweb/browserecord.php?-action=browse&-recid=6752 The Frick Collection website: "Lehman, Philip, 1861-1947"] retrieved April 2, 2012</ref> Their son [[Robert Lehman]] (1891–1969) was born in New York City.<ref>[http://oasis.lib.harvard.edu/oasis/deliver/~bak00042 Harvard University Archives: "Robert Lehman records, 1894-1994"] retrieved April 2, 2012</ref> The family resided in a 5-story limestone mansion designed in 1889 by [[John H. Duncan]] on [[54th Street (Manhattan)#Sixth Avenue|7 West 54th Street]], now known as the "Philip Lehman Masion" and designated as a New York landmark in 1981.<ref>{{Wayback |date=20131107195537 |url=http://www.7west54.com/ }}</ref>
Philip married Carrie Lauer (1865–1937) on January 3, 1884.<ref>[http://research.frick.org/directoryweb/browserecord.php?-action=browse&-recid=6752 The Frick Collection website: "Lehman, Philip, 1861-1947"] retrieved April 2, 2012</ref> Their son [[Robert Lehman]] (1891–1969) was born in New York City.<ref>[http://oasis.lib.harvard.edu/oasis/deliver/~bak00042 Harvard University Archives: "Robert Lehman records, 1894-1994"] retrieved April 2, 2012</ref> The family resided in a 5-story limestone mansion designed in 1889 by [[John H. Duncan]] on [[54th Street (Manhattan)#Sixth Avenue|7 West 54th Street]], now known as the "Philip Lehman Masion" and designated as a New York landmark in 1981.<ref>{{Wayback |date=20131107195537 |url=http://www.7west54.com/ }}</ref>


Lehman began collecting major artworks in 1911, the bulk of which he willed to his son Robert. His collection today forms part of the exhibition in the Robert Lehman Wing at the [[Metropolitan Museum of Art]].
Lehman began collecting major artworks in 1911, the bulk of which he willed to his son Robert. His collection today forms part of the exhibition in the Robert Lehman Wing at the [[Metropolitan Museum of Art]].

Revision as of 14:37, 27 August 2014

Philip Lehman
Born(1861-11-09)November 9, 1861
DiedMarch 21, 1947(1947-03-21) (aged 85)
NationalityAmerican
OccupationInvestment banker
Known forArt Collector
Spouse
Carrie Lauer
(m. 1884; died 1937)
ChildrenRobert (1891–1969)

Philip Lehman (November 9, 1861 – March 21, 1947) was an American investment banker.

Biography

Born in New York City to Emanuel Lehman (1827–1907) and Pauline Sondheim (1843–1871), Emanuel was a co-founder of investment bank, Lehman Brothers. Philip became a partner in the family-owned firm in 1887 and was the firm's managing partner from 1901 to 1925. He was also the first chairman of the board of the Lehman Corporation.[1] Lehman was notable as one of the first financiers to recognize the potential of issuing stock as a way for new companies to raise capital.

Philip married Carrie Lauer (1865–1937) on January 3, 1884.[2] Their son Robert Lehman (1891–1969) was born in New York City.[3] The family resided in a 5-story limestone mansion designed in 1889 by John H. Duncan on 7 West 54th Street, now known as the "Philip Lehman Masion" and designated as a New York landmark in 1981.[4]

Lehman began collecting major artworks in 1911, the bulk of which he willed to his son Robert. His collection today forms part of the exhibition in the Robert Lehman Wing at the Metropolitan Museum of Art.

References

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