Sassoon David Sassoon was a British businessman, banker and philanthropist.
Background
Sassoon David Sassoon was born in August 1832 in Bombay, India. His father was David Sassoon (1792–1864), a leading trader of cotton and opium who served as the treasurer of Baghdad between 1817 and 1829, and his mother, Farha Hayim of Baghdad.
Education
He was educated in biblical and Talmudic lore in Baghdad.
Career
He suffered from poor health from infancy but travelled widely. He also spoke several Oriental languages with great fluency. Business career
He proceeded to Shanghai, where he conducted the mercantile operations of the Chinese branch of the firm of David Sassoon, Sons & Company
He went to London in 1858, where he opened a bank on Leadenhall Street.
The business grew exponentially during the American Civil War, as they suddenly became the main suppliers of cotton to British spinning mills and the British market. Philanthropy
He served as President of a committee which had for its object the organization of an expedition to the Jews in China, Abyssinia, and the East.
He was also a warden of the Spanish and Portuguese Synagogue. Foreign several years, he acted as examiner in Hebrew to the Jews" Free School.
Personal life
She later changed her name to Flora in England.
They had four children:
Joseph Sassoon Sassoon (1856–1918. Married Louise de Gunzburg and had 7 children). Rachel Sassoon Beer (1858–1927.
Married Frederick Arthur Beer, son of Julius Beer).
Alfred Ezra Sassoon (1861–1895. Married Theresa Thornycroft and had three sons, one of whom was Siegfried Sassoon).
Frederick Meyer Sassoon (1862–1889). Married unknown and had two daughters.
They resided at Ashley Park in Walton-on-Thames, Surrey and equally at 17 Cumberland Terrace next to Regent"s Park in Street Pancras, London.
He died in 1867 in London, leaving an estate of £120,000 (equivalent to £9,490,000 in 2016). Later, Flora moved to 37 Adelaide Crescent in Hove, East Sussex.
Membership
He was a member of the Sassoon family. He was also a member of the council of Jews" College and of the committee of the Jews" Free School, which two institutions he munificently endowed.