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Herman W. Hellman
American banker

Herman W. Hellman

The basics

Quick Facts

Intro
American banker
Work field
Gender
Male
Birth
Place of birth
Reckendorf, Bamberg, Upper Franconia, Germany
Death
1906 (aged 63 years)
Place of death
Los Angeles, Los Angeles County, California, USA
Age
63 years
Family
The details (from wikipedia)

Biography

Herman W. Hellman (1843–1906) was a German-born businessman, banker, and real estate investor in Los Angeles, California.

Early life

Herman W. Hellman was born on September 25, 1843 in Reckendorf, Bavaria. He emigrated to the United States with his brother Isaias W. Hellman, arriving in Los Angeles, California on May 14, 1859 as a sixteen-year-old.

Career

He started working as a courier from Wilmington to Los Angeles for Phineas Banning. In 1861, he worked for his uncle, Samuel Hellman, who had a store in Los Angeles. Shortly after, he opened his own store at Downey Block.

He established a wholesale grocer's called Hellman, Haas, & Co. with Jacob Haas, the brother of Abraham Haas. They sold groceries in Southern California, Arizona, New Mexico and Texas. As his business prospered, he became one of the wealthiest men in Los Angeles by the 1880s. The company later became known as Baruch, Haas, & Co.

In 1890, he became Vice President and General Manager of The Farmers and Merchants Bank of Los Angeles, a bank established by his brother. He was later demoted by his brother, who found his lending practises too lenient. He resigned in 1903, and became the President of the Merchants National Bank instead. He also became a co-founder of the Los Angeles Chamber of Commerce.

He was a large landowner in Los Angeles. In 1903, he hired architect Alfred Rosenheim to design the Hellman Building named in his honor. The eight-story building in Downtown Los Angeles still stands today, on the corner of Fourth Street (Los Angeles, California) and Spring Street (Los Angeles, California).

He served as President of the Congregation B'nai B'rith, later known as the Wilshire Boulevard Temple.

Personal life

Marco Hellman
Irving Hellman

He married Ida Heimann (1851-1923) who was one of his cousins, on July 26, 1874, while on a trip in Italy. They resided on South Hill Street in Los Angeles and owned a secondary home in Alhambra. They had five children:

  • Clothilde Hellman (1875–1884)
  • Frieda Hellman (1876–1944)
  • Marco H. Hellman (1878–1948), a banker.
  • Irving H. Hellman (1883–1975) a civil engineer.
  • Amy Hellman (1888–1920)

Death

He died of a diabetes-induced coma on October 19, 1906 in Los Angeles, California. He was buried at the Home of Peace Cemetery in East Los Angeles.

The contents of this page are sourced from Wikipedia article on 12 Jul 2020. The contents are available under the CC BY-SA 4.0 license.
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Herman W. Hellman
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