page_title: Berenberg family
section_title: The Gossler and Seyler families
hierarchical_section_title: Berenberg family / History / The Gossler and Seyler families
caption_attribution_description: English: Portrait of Elisabeth Berenberg (1749-1822), heiress and co-owner of Berenberg Bank
context_page_description: The Berenberg family was a Flemish-origined Hanseatic family of merchants, bankers and senators in Hamburg, with branches in London, Livorno and other European cities. The family was descended from the brothers Hans and Paul Berenberg from Antwerp, who came as Protestant refugees to the city-republic of Hamburg following the Fall of Antwerp in 1585 and who established what is now Berenberg Bank in Hamburg in 1590. The Berenbergs were originally cloth merchants and became involved in merchant banking in the 17th century. Having existed continuously since 1590, Berenberg Bank is the world's oldest surviving merchant bank.
  The Berenberg banking family became extinct in the male line with Elisabeth Berenberg; she was married to Johann Hinrich Gossler, who became a co-owner of the bank in 1769. From the late 18th century, the Gossler family, as owners of Berenberg Bank, rose to great prominence in Hamburg, and was widely considered one of Hamburg's two most prominent families, along with the related Amsinck family. A branch of the family was later ennobled by Prussia as Barons of Berenberg-Gossler.
context_section_description: The Berenberg family were merchants, bankers and senators in Hamburg for almost two centuries until the banking branch of the Berenberg family became extinct in the male line. However, Berenberg Bank was passed on to the descendants of Johann Berenberg (1718–1772) in the female line. After Senator Paul Berenberg died childless in 1768, his brother Johann Berenberg took on his son-in-law Johann Hinrich Gossler (1738–90) as a partner and eventually sole heir, as he was married to Johann Berenberg's only surviving child, Elisabeth Berenberg (1749–1822). The Gossler family is known in Hamburg since the 17th century, when Johann Hinrich Gossler's great-grandfather Claus Gossler (1630–1713) was a Hamburg burgher. The historian Percy Ernst Schramm describes their marriage as a marriage of convenience; she was not considered beautiful, but was intelligent, cultivated, kind, spoke many languages (including Latin) and became an exemplary wife and mother. She survived her husband by 32 years and after his death managed the firm together with her son-in-law.
  In 1788, Johann Hinrich Gossler bought the Mortzenhaus palace in Alter Wandrahm 101 (later 21). Built in 1621 with a renaissance facade, it was one of the largest and most well known palaces in Hamburg. The building was owned by the Gossler family until the 1880s, when it was demolished to make room for the Speicherstadt.
  Johann Hinrich Gossler and Elisabeth Berenberg's eldest daughter, Anna Henriette Gossler, was married to Ludwig Erdwin Seyler, a son of the famous theatre director Abel Seyler. In 1788, Johann Hinrich Gossler took on his son-in-law as a partner in the firm, and after Gossler's death in 1790, Seyler became head of the firm, which was renamed Joh. Berenberg, Gossler & Co. in 1791. He held several public offices in Hamburg and served as President of the Commerz-Deputation 1817–1818. During the Napoleonic War, Seyler temporarily moved the headquarters of the Berenberg company to the house of his son-in-law, Gerhard von Hosstrup. L.E. Seyler and Anna Henriette Gossler's children were briefly co-owners of Berenberg Bank, and they have many prominent descendants in Hamburg and Norway with family names such as von Hosstrup, Wegner and Paus.
  Anna Henriette Gossler's younger brother Johann Heinrich Gossler became a partner in 1798, and was elected a senator of Hamburg in 1821. Several other family members also served as senators, with Hermann Gossler becoming First Mayor (a position equal to the federal princes, Bundesfürsten). In 1880, Johann Berenberg Gossler (who had Berenberg as a middle name) and his descendants were granted the name Berenberg-Gossler by the Hamburg Senate. The Berenberg-Gosslers were ennobled in the Kingdom of Prussia (which was technically a foreign country) in 1888 and raised to Baronial rank in 1910. The Prussian ennoblement was somewhat controversial in the family and in Hamburg, as the grand burghers of Hamburg mostly considered the nobility inferior to Hanseatic families. According to Richard J. Evans, "the wealthy of nineteenth-century Hamburg were for the most part stern republicans, abhorring titles, refusing to accord any deference to the Prussian nobility, and determinedly loyal to their urban background and mercantile heritage." As Johann Berenberg-Gossler was ennobled, his sister Susanne, married Amsinck, exclaimed "Aber John, unser guter Name!"
  In the 19th century, the Berenberg-Gosslers were strongly involved in the industrialisation process in northern Germany and in the North American trade and its finance. In 1847, the Berenberg-Gosslers were the main founders of the Hamburg America Line (HAPAG) together with the merchant house H.J. Merck & Co., and in 1857 they were among the main founders of the Norddeutscher Lloyd. They also financed the ironworks of Ilseder Hütte. The houses of Berenberg-Gossler, H.J. Merck and Salomon Heine were also the main founders of the Norddeutsche Bank in 1856, the first joint-stock bank in northern Germany and one of the predecessors of Deutsche Bank.
  Since the early 19th century, Berenberg Bank had a
caption: Elisabeth Berenberg (1749–1822), co-owner of Berenberg Bank and wife of Johann Hinrich Gossler. Upon her death, the Berenberg family became extinct in the male line.
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