Moritz Hochschild

Moritz ( Don Mauricio ) Hochschild ( born February 17, 1881 in Biblis, † June 12, 1965 in Paris) was one of the most important mining operators in the first half of the 20th century and Simón I. Patiño alongside Carlos and Victor Aramayo one of the three South American tin barons.

Life

Moritz Hochschild was a German agnostic Jew, whose family had been there for more than a generation in the mining and metals sector. After completing his schooling, he studied mining engineering science and engineering at the Mining Academy Freiberg. In 1905, he began his professional career at Metallgesellschaft, a company for commodities trading and mining. Later he went to Spain and Austria, before he eventually moved to South America to make there own. After a number of years in Chile, he returned to Germany and remained there until the end of the First World War. In 1919 he again went to South America, along with his wife Käthe Rosenbaum, whom he had married the year before. 1920 her son Gerardo Hochschild was born four years later his wife died.

In the following two decades he built from Bolivia to the extraction and trade of tin ores, an Economic empire that extended from Peru in the north to Chile in the south. During this growth period, other family members followed him to South America and worked in its economic society, including his cousin Philip Hochschild with his wife Germaine. Moritz ( Don Mauricio, or, as he was known in South America) had an affair with Germaine and married her after her divorce from Philip.

In the 1930s, there was the economic and political importance of Moritz Hochschild Group at the peak. In the years 1939 and 1944, he was arrested on the orders of the Bolivian government and sentenced to death. When he had to spend a few weeks after his release in 1944 for two weeks in the hands of kidnappers, he left after his liberation South America forever.

In 1951, the Hochschild transferred the majority of their assets to the Hochschild Trust and Foundation. The following year, the Moritz Hochschild Group was expropriated as part of the Bolivian revolution of 1952, survived this event but with a share of 30 % from the previous operating assets. The company continued to grow and expanded worldwide. Moritz Hochschild died in 1965 in Paris as an internationally respected industrial and commercial entrepreneurs.

Moritz Hochschild gave his birthplace Biblis 1955 with a larger donation (DM 5000 ). In gratitude named Biblis after him a road.

Hochschild today

In November 1984 sold Moritz Hochschild's nephew, Luis Hochschild, the Latin American mining business of the Hochschild Group to the South African mining company Anglo American Corporation of South Africa. In turn, this was the same month from its Peruvian mining activities to the Hochschild group.

From this, the on the London Stock Exchange ( LSE) listed mining company Hochschild Mining plc went (ISIN: GB00B1FW5029 ) produced, which specializes in underground mining of gold and silver in Latin America. The share capital is largely in the hands of Moritz Hochschild's descendants. It is led by Eduardo Hochschild, a great-nephew of Moritz Hochschild.

In addition, Hochschild Mining, the family Hochschild ( Pacasmayo ) and phosphate in Peru still has companies in the cement ( Fosfatos del Pacifico ).