Portrait of Bernard Mannes Baruch

Bernard Mannes Baruch

Authors · Business leaders · Public leaders · financier · philanthropist · Q1424605 · stock market speculator · stock trader · stockbroker

🇺🇸 United States

American businessman (1870-1965)

About Bernard Mannes Baruch

Bernard Mannes Baruch (August 19, 1870 – June 20, 1965) was an American financier and statesman. After amassing a fortune on the New York Stock Exchange, he impressed President Woodrow Wilson by managing the nation's economic mobilization in World War I as chairman of the War Industries Board. He advised Wilson during the Paris Peace Conference.

He made another fortune in the postwar bull market, but foresaw the Wall Street crash and sold out well in advance. In World War II, he became a close advisor to President Franklin D. Roosevelt on the role of industry in war supply.

He was credited with greatly shortening the production time for tanks and aircraft. Later he helped to develop rehabilitation programs for injured servicemen. In 1946, he was the United States representative to the United Nations Atomic Energy Commission, though his Baruch Plan for international control of atomic energy was rejected by the Soviet Union.

Quick facts

Known for
1946 extension of the emergency price control and stabilization acts of 1942, Baruch my own story
Born
1870-08-19
Died
1965-06-20
Artist type
Person
Gender
Male
Origin
South Carolina
Associated area
United States
Active period
1870-08-19 – 1965-06-20

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