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Herbert Stern, 1st Baron Michelham

Herbert Stern, 1st Baron Michelham British financier and philanthropist

British financier and philanthropist
The basics
Quick Facts
Intro British financier and philanthropist
Was Financial professional Banker Philanthropist Politician
From United Kingdom
Type Finance Politics
Gender male
Birth 28 September 1851
Death 7 January 1919, Paris, France (aged 67 years)
Star sign LibraLibra
Family
Mother: Julia Goldsmid
Father: Hermann de Stern
Children: Herman Alfred Stern, 2nd Baron Michelham
Awards
Knight Commander of the Royal Victorian Order  
The details
Biography

Herbert Stern, 1st Baron Michelham KCVO (28 September 1851 – 7 January 1919), known as Sir Herbert Stern, Bt, between July and December 1905, was a British financier, philanthropist and a member of the Stern banking family.

Background

Stern was the son of Hermann de Stern, a German-born banker, head of the merchant bank Stern Brothers (London) and Portuguese baron, and Julia Goldsmid. He was the first cousin of Lord Wandsworth and Sir Edward Stern.

Career

On his father's death Stern inherited the Portuguese barony and a fortune of £2 million, which he substantially increased during his lifetime. He was a prominent philanthropist, and notably contributed to the National Gallery. During the First World War he acquired Hotel Astoria in Paris to be used as a hospital for British troops. He was also involved in thoroughbred horse racing and is known for having bred Plucky Liege, one of the most important broodmares of the 20th century. Stern was created a Baronet, of Strawberry Hill in the Parish of Twickenham and County of Middlesex, in July 1905 and raised to the peerage as Baron Michelham, of Hellingley in the County of Sussex, in December of the same year. Lord Michelham was appointed a Knight Commander of the Royal Victorian Order (KCVO) in 1912.

Personal life

Lord Michelham died in Paris in January 1919, aged 67, and was succeeded by his son, Herman.

Sources

Orbell, John. "Stern family (per. c.1830–1964)". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/53820. (Subscription or UK public library membership required.)

Baronetage of the United Kingdom
New creation Baronet
(of Strawberry Hill)
1905–1919
Succeeded by
Herman Alfred Stern
Peerage of the United Kingdom
New creation Baron Michelham
1905–1919
Succeeded by
Herman Alfred Stern
The contents of this page are sourced from Wikipedia article on 24 May 2020. The contents are available under the CC BY-SA 4.0 license.
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Reference sources
References
https://en.wikisource.org/wiki/1922_Encyclop%C3%A6dia_Britannica/Michelham,_Herbert_Stern,_1st_Baron
http://www.tbheritage.com/Portraits/PluckyLiege.html
https://www.thegazette.co.uk/London/issue/27818/page/4981
https://www.thegazette.co.uk/London/issue/27871/page/107
https://www.thegazette.co.uk/London/issue/28596/page/2495
//doi.org/10.1093%2Fref:odnb%2F53820
https://www.oxforddnb.com/help/subscribe#public
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