Julius Baer

Baer was the founder and namesake of Julius Baer Group, and the patriarch of the Baer family.

Julius Baer
Julius Baer in 1920
Founder and president of Julius Baer Group
Personal details
Born	Isaac Baer (1857-01-02)January 2, 1857 Heidelsheim, Kingdom of Württemberg
Died	March 9, 1922(1922-03-09) (aged 65) Riehen, Basel-Stadt, Switzerland
Citizenship	German (1857–1907) Swiss (1907–1922)
Spouse	Marie Ulrich ​ (m. 1891)​
Children	3
Occupation	Banker and businessman

Baer was born in Heidelsheim (today part of Bruchsal), Kingdom of Württemberg to Joseph (1816–1891) and Rosina (née Dreyfuss; 1819–1907) Baer, into a Jewish family. His father worked as private money lender and merchant of animal skins, while his mother was a homemaker. He was the second youngest of five siblings. Baer was educated at the Jewish School of Heidelsheim and completed a banking apprenticeship at Bankhaus August Gerstle in Augsburg from 1883 to 1885.

In 1886, he became a partner in the private bank Samuel Dukas & Co. in Basel, Switzerland. A position he continued to hold until 1896, when he was deployed by his brother-in-law Ludwig Hirschhorn, to Zürich. He became a partner in Bank Hirschhorn, Uhl & Bär, which existed since 1890, and is the ultimate predecessor of today's Julius Baer Group. Since 1901, the bank bore only his name, and was known as Julius Bär & Co., which became one of the leading Swiss private banks.

He was on several board of directors including Lake Thun railway line, Südostbahn and Oerlikon-Bührle (1908–1922).

In 1891, he married Marie Ulrich (1869–1917),^{[page needed]} with whom he had three sons;

• Richard Josef Baer (1892–1940), mathematician and physicist

• Walter Jakob Baer (1895–1970), director at Julius Baer
• Werner Baer (1899–1960),^{[citation needed]} director at Julius Baer and art collector (namely exhibited at Kunsthaus Zürich)

His grandson, Hans J. Baer (1927–2011), was a long-term executive director and president of Julius Baer, who became known through his involvement as a mediator in retrieving Jewish funds in the Volcker Commission in the 1990s.

• Publications about Julius Baer in the Swiss National Library
• Baer, Julius by Ueli Müller in Historical Dictionary of Switzerland (HLS)