Alexander von Stieglitz
Encyclopedia
Baron Alexander von Stieglitz (1814–1884) was a Russian
philanthropist and financier. He was the first governor of the State Bank of the Russian Empire
, the predecessor organization to today's Central Bank of the Russian Federation
.
to banker Baron Ludwig von Stieglitz
who was a founder of the banking-house "Stieglitz and Co". After completing his education at the University of Dorpat
in what is now Tartu
, Estonia
, he entered the state services as a member of the Manufacture council of the Ministry of Finances of the Russian Empire.
s to finance the contsruction of the Moscow – Saint Petersburg Railway and secured a significant foreign loan at the height of the Crimean War
. Stieglitz also owned manufacturing enterprises in Narva
and in Catherinehof
.
In 1846 Stieglitz was elected the chairman of the Exchange's committee. At that post he took part in all financial operation of the Government of the Russian Empire
. In 1857 he co-founded the Society of the Russian Railways. In 1860 Stieglitz liquidated all his commercial enterprises and voluntarily withdrew from the post of the chairman of the Exchange's committee.
On 31 May 1860 Emperor Alexander II
established the State Bank of the Russian Empire and Stieglitz became its first governor. In 1866 he left the state service.
for the benefit of students of the Central School of Technical Drawing, which had been established by him earlier.
of the 4th degree and the Order of St. Anna
of the 2nd degree.
Russian Empire
The Russian Empire was a state that existed from 1721 until the Russian Revolution of 1917. It was the successor to the Tsardom of Russia and the predecessor of the Soviet Union...
philanthropist and financier. He was the first governor of the State Bank of the Russian Empire
State Bank of the Russian Empire
The State Bank of the Russian Empire was the main bank of the Russian Empire from 1860 to 1917. This bank is considered to be the predecessor of the Central Bank of the Russian Federation.- History :...
, the predecessor organization to today's Central Bank of the Russian Federation
Central Bank of the Russian Federation
The Bank of Russia or the Central Bank of The Russian Federation is the central bank of The Russian Federation. Its functions are described in the Russian constitution and in the special Federal law...
.
Early life and education
Stieglitz was born in Saint PetersburgSaint Petersburg
Saint Petersburg is a city and a federal subject of Russia located on the Neva River at the head of the Gulf of Finland on the Baltic Sea...
to banker Baron Ludwig von Stieglitz
Ludwig von Stieglitz
Ludwig Stieglitz, was Jewish Russian commersant and founder of banking house Stieglitz & Company. He was born as youngest of three sons of Waldeck county's court Jewish banker Hirsch Bernhard Stieglitz and his wife Edel Elisabeth...
who was a founder of the banking-house "Stieglitz and Co". After completing his education at the University of Dorpat
University of Tartu
The University of Tartu is a classical university in the city of Tartu, Estonia. University of Tartu is the national university of Estonia; it is the biggest and highest-ranked university in Estonia...
in what is now Tartu
Tartu
Tartu is the second largest city of Estonia. In contrast to Estonia's political and financial capital Tallinn, Tartu is often considered the intellectual and cultural hub, especially since it is home to Estonia's oldest and most renowned university. Situated 186 km southeast of Tallinn, the...
, Estonia
Estonia
Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...
, he entered the state services as a member of the Manufacture council of the Ministry of Finances of the Russian Empire.
Businessman and civil servant
After the death of his father, Stieglitz inherited the banking-house and succeeded as a banker of the Emperor. In 1840–1850 he successfully sold six 4% government loanLoan
A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower....
s to finance the contsruction of the Moscow – Saint Petersburg Railway and secured a significant foreign loan at the height of the Crimean War
Crimean War
The Crimean War was a conflict fought between the Russian Empire and an alliance of the French Empire, the British Empire, the Ottoman Empire, and the Kingdom of Sardinia. The war was part of a long-running contest between the major European powers for influence over territories of the declining...
. Stieglitz also owned manufacturing enterprises in Narva
Narva
Narva is the third largest city in Estonia. It is located at the eastern extreme point of Estonia, by the Russian border, on the Narva River which drains Lake Peipus.-Early history:...
and in Catherinehof
Catherinehof
Ekaterinhof or Catherinehof is a historic district in the south-west of St Petersburg, Russia. Its name originated in 1711, when Peter the Great presented the Ekanerinhof Island and adjacent lands along the Ekateringofka River to his wife Catherine, whose name they memorialize.The emperor...
.
In 1846 Stieglitz was elected the chairman of the Exchange's committee. At that post he took part in all financial operation of the Government of the Russian Empire
Russian Council of Ministers
The Russian Council of Ministers is an executive governmental body that brings together the principal officers of the Executive Branch of the Russian government.- Committee of Ministers :...
. In 1857 he co-founded the Society of the Russian Railways. In 1860 Stieglitz liquidated all his commercial enterprises and voluntarily withdrew from the post of the chairman of the Exchange's committee.
On 31 May 1860 Emperor Alexander II
Alexander II of Russia
Alexander II , also known as Alexander the Liberator was the Emperor of the Russian Empire from 3 March 1855 until his assassination in 1881...
established the State Bank of the Russian Empire and Stieglitz became its first governor. In 1866 he left the state service.
Philanthropy
In 1878 he donated funds to build a museumStieglitz Museum of Applied Arts
The Stieglitz Museum of Decorative and Applied Arts ranks among the most significant museums in Saint Petersburg, Russia.The project had its beginnings in 1878 when Baron Alexander von Stieglitz , a millionaire philanthropist, donated funds to build a museum for the benefit of students of the...
for the benefit of students of the Central School of Technical Drawing, which had been established by him earlier.
Awards
Stieglitz received numerous awards, including the Order of St. Stanislav of the 3rd degree, the Order of St. VladimirOrder of St. Vladimir
The Cross of Saint Vladimir was an Imperial Russian Order established in 1782 by Empress Catherine II in memory of the deeds of Saint Vladimir, the Grand Prince and the Baptizer of the Kievan Rus....
of the 4th degree and the Order of St. Anna
Order of St. Anna
The Order of St. Anna ) is a Holstein and then Russian Imperial order of chivalry established by Karl Friedrich, Duke of Holstein-Gottorp on 14 February 1735, in honour of his wife Anna Petrovna, daughter of Peter the Great of Russia...
of the 2nd degree.