Banker who, as Bonaparte's finance minister, tied the Bourse to the president
Born in Paris in 1800 into a Jewish banking family, he worked in the family bank. Close to the House of Orléans under the July Monarchy, he became deputy for the Hautes-Pyrénées in 1842. After the February Revolution he wrote pamphlets against paper money and returned to the National Assembly for the Seine in September 1848. Drawing closer to Louis Napoleon, he became minister of finance on 31 October 1849 and helped prepare the coup of 1851. Reappointed the day after the coup, he resigned in January 1852 over the confiscation of the Orléans property. He then became a senator and Minister of State and of the Imperial Household, one of the most powerful men of the Second Empire until 1860, and was finance minister again from 1861 to 1867, imposing fiscal discipline.
Also known as: Achille Marcus Fould
Activities and affiliations
-
1842–1849
Legislature and state representation
-
1849–1867
France state institutionsMinister of FinanceMain
Economy, finance and planning -
1852–1860
France state institutionsMinister of State and of the Imperial Household
Government and administration
Career Timeline
- 1842–1848Deputy for the Hautes-Pyrénées
- 1848–1851Deputy for the Seine
- 1849–1852Minister of Finance
- 1852–1860Senator; Minister of State and of the Imperial Household
- 1861–1867Minister of Finance