Julius Petschek
Born14 March 1856
Kolín
Died22 January 1932
Prague
Resting placeNew Jewish Cemetery in Prague
NationalityCzechoslovakia / German-speaking Jewish minority
RelativesIsidor Petschek (brother)
Frank C. Petschek (nephew)
Otto Petschek (nephew)

Julius Petschek (14 March 1856 – 22 January 1932) was an industrialist of Jewish origin in Austria-Hungary and later in Czechoslovakia. Together with his brother Ignaz, he was one of the wealthiest persons of interwar Czechoslovakia.

Early life

Petschek was born in Kolín. He was a younger son of Moses Petschek (1822–1888) and Sara (née Wiener) Petschek (1827–1894). He had a sister, Rosa Petschek (1855-1934), and two brothers, Isidor Petschek (1854–1919), father of Otto Petschek,[1] and Ignaz Petschek (1857–1934), father of Frank C. Petschek.[2]

Career

He and his brothers Isidor and Ignaz played an important role in the coal industry of the young Czechoslovakia.[3] Their concern controlled also 30% of the German and in total almost 50% of the European brown coal mining industry in the years after World War I.[4]

In 1920 Ignaz founded the Petschek Brothers Bank (Bankhaus Petschek & Co.) in Prague that was directed by 6 family members including Julius.[3] After he died in 1932 his son Walter and Isador's son Hans ran the company until 1938 when they moved to New York as a consequence of the Munich Agreement. Julius is known for commissioning the bank's Petschek Palace in Prague that was used by the Gestapo in World War II.[5]

Personal life

Julius Petschek died in Prague on 22 January 1932 and is buried at the New Jewish Cemetery.[5]

References

  1. ↑ Agency.), (Jewish Telegraphig (3 July 1934). "Otto Petschek" (PDF). The New York Times. Retrieved 18 October 2019.
  2. ↑ "FRANK C. PETSCHEK". The New York Times. 27 June 1963. Retrieved 1 December 2023.
  3. 1 2 Petschek family on yivo encyclopedia
  4. ↑ Profit.cz: Uhelný magnát jsem já!
  5. 1 2 Wilkins, Mira (30 June 2009). The History of Foreign Investment in the United States, 1914-1945. Harvard University Press. p. 383. ISBN 978-0-674-04518-7. Retrieved 1 December 2023.
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