Nationality United States Name Arthur Altschul Occupation Banker | Ethnicity Jewish Aunts Edith Altschul Lehman | |
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Full Name Arthur Goodhart Altschul Spouse(s) Stephanie Rosemary Wagner (until her death)Siri von Reis (divorced)Diana Landreth Childs (divorced)Patricia Dey (until his death) Grandparents Phillip J. Goodhart, Hattie Lehman Goodhart, Camilla Mandlebaum Altschul, Charles Altschul Similar People Died March 17, 2002 (aged 81) | ||
Arthur Goodhart Altschul (6 April 1920 – 17 March 2002) was an American banking mogul and a Goldman Sachs Group partner, and executive at his private family office, Overbrook Management Corporation, founded by his father.
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Early life
Altschul was born in 1920 in Manhattan to Helen Lehman Goodhart (maternal granddaughter of Mayer Lehman, one of the three founding brothers of Lehman Brothers) and Frank Altschul, an investment banker who was a senior partner at Lazard Frères until 1945 and chairman of General Investors Corporation until he retired in 1961.
He graduated from Deerfield Academy in Massachusetts and in 1943 from Yale College.
Career
He served in the Marines from 1943 through 1945 and was a New York Times reporter in the late 1940s.
As he had family connections to the Lehman family, he worked as an analyst with Lehman Brothers before joining General American Investors Company (a closed-end investment concern in which his family has a substantial interest) and then Goldman Sachs where he served as a general partner from 1959 to 1977 and a limited partner from 1977 to 1999. He was also chairman of General American Investors from 1961 to 1995.
He led the private family office, Overbrook Management Corporation, founded by his father to manage and protect the wealth and financial well-being of the Altschul Family. In 2002, the office opened its doors to provides asset management and related services to institutional investors and high net worth individuals. Over the years, Overbrook’s leadership passed to him, and then to the third generation, his son, Arthur Goodhart Altschul, Jr, who currently serves as Overbrook’s Chairman.
Philanthropy
Altschul was on the Board of Trustees of many museums and philanthropic organisations, including the Whitney Museum, the United Jewish Appeal, the Overbrook Foundation, the Metropolitan Museum of Art, The American Assembly, and the International Foundation for Art Research.
Barnard College at its 1984 commencement ceremonies awarded Altschul its highest honor, the Barnard Medal of Distinction.
Personal life
Altschul was married four times: