Background
He was a merchant in textiles and later a banker with Kuhn, Loeb & Company His father, a devout Jew, had been a small cornand wine-dealer in Worms, which belonged to the Grand Duchy of Hesse and by Rhine.
He was a merchant in textiles and later a banker with Kuhn, Loeb & Company His father, a devout Jew, had been a small cornand wine-dealer in Worms, which belonged to the Grand Duchy of Hesse and by Rhine.
Solomon Loeb immigrated to the United States in 1849. Solomon Loeb gradually retired from running the business, but left Kuhn, Loeb & Company only in 1899. He then started to move into the real estate business.
In addition, he was also a generous philanthropist.
Among his donations was the Hebrew Charities Building that formerly stood at Second Avenue and 21st Street in New York City.