Otto Wilhelm Christian Schack

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Otto Wilhelm Christian Schack (1818 – September 1, 1875) was a Danish born American broker.

Schack was born in Copenhagen, Denmark in 1818.[a] He was the youngest son of Gregers Schack (1781–1840) and Anna Sophie Kircksteen (1788–1854). His father was a Counselor of State and Secretary of Finance to the King of Denmark.[1] Among his siblings were the soldier and painter Sophus Schack,[2] and sister Caroline Schack, who married industrialist Lauritz Peter Holmblad.[3]

Otto "received a careful education up to his seventeenth year, when he came to the United States under the charge of Mr. Rudolph Braüm, one of his father's many warm friends. He remained with Braüm until that gentleman's death."[1]

Career

In 1848, he began a career on Wall Street, becoming a broker-dealer and a member of the New York Stock Exchange in 1851. He was associated with Messrs. Jacob Little & Co. for 27 years, the head of which, Jacob Little, was his brother-in-law. A Mason, he was a member of the Cœur de Leon Commandery of the Knights Templar.[1]

Personal life

References

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