Background
He was a member of the Berenberg-Gossler banking dynasty and the son of Baron Johann von Berenberg-Gossler (1839–1913), owner of Berenberg Bank, who was ennobled in Prussia in 1888 and conferred Baronial rank in 1910.
He was a member of the Berenberg-Gossler banking dynasty and the son of Baron Johann von Berenberg-Gossler (1839–1913), owner of Berenberg Bank, who was ennobled in Prussia in 1888 and conferred Baronial rank in 1910.
He was elected Senator in Hamburg in 1908 and served as German Ambassador to Italy 1920-1921. His father had destined him to succeed him as head of the bank, and his election as Senator took place against the will of his father. He was head of the bank Hamburger Bank von 1923 from 1923 to 1925.