Philip Lehman (November 9, 1861 – March 21, 1947) was an
AmericanThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
investment banker. Born in New York City to Emanuel and Pauline (nee Sondheim), his father, was a co-founder of investment bank,
Lehman BrothersLehman Brothers Holdings Inc. was a global financial-services firm which, until declaring bankruptcy in 2008, participated in business in investment banking, equity and fixed-income sales, research and trading, investment management, private equity, and private banking. It was a primary dealer...
. 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. 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.
Lehman began collecting major artworks in 1911, the bulk of which he willed to his son
RobertRobert Lehman was an American banker.-Biography:Born in New York City, he was the son of Philip Lehman , head of Lehman Brothers investment bank. He was a 1913 graduate of Yale University and member of Delta Kappa Epsilon fraternity...
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Philip Lehman (November 9, 1861 – March 21, 1947) was an
AmericanThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
investment banker. Born in New York City to Emanuel and Pauline (nee Sondheim), his father, was a co-founder of investment bank,
Lehman BrothersLehman Brothers Holdings Inc. was a global financial-services firm which, until declaring bankruptcy in 2008, participated in business in investment banking, equity and fixed-income sales, research and trading, investment management, private equity, and private banking. It was a primary dealer...
. 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. 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.
Lehman began collecting major artworks in 1911, the bulk of which he willed to his son
RobertRobert Lehman was an American banker.-Biography:Born in New York City, he was the son of Philip Lehman , head of Lehman Brothers investment bank. He was a 1913 graduate of Yale University and member of Delta Kappa Epsilon fraternity...
. His collection today forms part of the exhibition in the Robert Lehman Wing at the
Metropolitan Museum of ArtThe Metropolitan Museum of Art, known colloquially as The Met, is an art museum located on the eastern edge of Central Park, along what is known as Museum Mile in New York City, USA. It has a permanent collection containing more than two million works of art, divided into nineteen curatorial...
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