(Q56438234)

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English

Adolf Arnhold

German Jewish banker and art collector (1884-1950)

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5 September 1884Gregorian
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Adolf Arnhold came from a prominent German Jewish banking family and was a partner in the bank Gebr. Arnhold, with branches in Dresden and Berlin. In 1931 this bank entered into an Interessengemeinschaft mit Gewinnpooling (community of interests with profit sharing) with the S. Bleichröder bank of Berlin, which at that time was having financial problems. After Hitler seized power, members of the Arnhold family were persecuted because of their Jewish descent and their influence in financial, industrial and political circles. In 1933 Adolf Arnhold stepped down from the management of Gebr. Arnhold. The bank was Aryanized during the 1935-1937 period. In order to facilitate the departure of the Arnhold family from Germany, a fund was set up for the benefit of all family members. Substantial sums were paid from it to the German State. From 1937 Arnhold and his wife often stayed abroad on account of the Nazi regime. They finally found a safe refuge outside Germany after 1938. (English)

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