Israel Family

The House of Israel was started in 1815 by Nathan Israel at the Molkenmarkt in Berlin, as a small second-hand store that soon developed into a world-renowned wholesale, retail, and export business which occupied a unique position in Germany. The firm was known for the high standard of its interiors, as well as the highly trained staff. In 1925, Kaufhaus N. Israel started its own business school whose exams were recognized by the state. From 1915 until 1935, the sole owners after Nathan Israel were his son Jakob and later his grandson Berthold. After Berthold Israel's death, the firm was owned by his two sons, Wilfrid and Herbert, for a total of four generations of ownership.

In addition to its retail business, the firm was engaged in supplying hospitals, hotels, theaters, military establishments, and other public and private concerns. In 1888, at the death of Emperor Wilhelm I, the firm supplied the entire funeral decorations for all the streets through which the funeral procession passed. The firm worked only with its own capital, relying upon neither credits nor mortgages, and became an important member in financial circles. This practice served the firm well in 1933 after the Nazis came to power as they were able to continue to operate without pressure to aryanize by German financial institutions. The firm was a member of the Berlin stock exchange until the Nazi era.

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2016-08-13 10:08:36 pm

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2016-08-13 10:08:36 pm

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