In 1853 Frederick Emil fell ill and withdrew from business activities. Raphael was subsequently granted titles by the Duke of Saxe-Meiningen and the Austrian Empire, who named him a hereditary baron and awarded him the Grand Cross of the Order of Franz Joseph. Ferdinand II of Saxe-Coburg and Gotha, as a ruler for his son King Pedro of Portugal, ennobled his father Raphael as a hereditary Portuguese Baron in order to thank Friedrich Emil, who would eventually inherit the title, for his services. He visited the royal court in Stockholm and was involved in successful Swedish and Portuguese state financial negotiations. By age 19, he was so successful with his father in the brokerage business that he was appointed Consul General and fiscal agent at Paris by the Greek Government under Otto I. Susanne eventually married the Frankfurt merchant Franz Josef Carl Langenberger (1821–1878) who became a partner in the bank.Īs the eldest son, Friedrich Emil Erlanger became involved in extensive banking and bill transactions early in life. Just prior the birth of his oldest child Susanne Adolphine (1829–1873), Raphael Erlanger converted from Judaism to Christianity for his wife's sake. In 1859, Raphael Erlanger was made a Portuguese Baron by Pedro V of Portugal, he also was ennobled as von Erlanger by the Duke of Saxe-Meiningen in 1860, and elevated to the rank of a baron, together with his whole family, by Emperor Franz Joseph I of Austria in 1871.
In 1848 he founded his own bank, named Erlanger & Söhne ( Erlanger & Sons) in 1865, and became a major competitor to the Rothschild banks in Frankfurt, Vienna and Paris. Raphael Erlanger had begun as a disponent in the Frankfurt business of the Rothschild family. Raphael was the son of a Frankfurt currency broker, Löb Moses, later named Ludwig Moritz Erlanger (b. Frédéric Émile, Baron d'Erlanger was born to banker Baron Raphael von Erlanger and his young wife, Margarete Helene Albert (1800–1834).
0 kommentar(er)
