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This is a digitized version of an article from The Times’s print archive, before the start of online publication in 1996. Lazard Logo () André Benoit Mathieu Meyer (September 3, 1898 – September 9, 1979) was a French-born American Wall Street investment banker. Mr. Meyer is also survived by five greatgrandchildren. At Lazard, André Meyer organized SOVAC (Societé pour la Vente à Crédit d'Automobiles), a finance company that in the late twenties introduced the concept of automobile financing for consumers. During his 33 years as the head of the firm, a partnership, Mr. Meyer amassed enormous Influence in the world of finance and built a personal fortune that was widely estimated at $250 million or more; by some accounts, it may have reached $500 million. For his service to the economy of France, the government awarded him with the Legion of Honor. He came to Lazard Frères' New York City office with Chairman Pierre David-Weill (1900–1975) and following the Allied Forces liberation in 1944 David-Weill returned to France and Meyer was appointed head of the American operations, a position he would occupy for the rest of his life. Mr. Meyer is survived by his wife; a son, Philippe Meyer — a physicist — and a daughter, Francine Meyer, both of Paris; and by four grandchildren, of whom three are limited partners in Lazard Frères & Company who live in New York. See all reviews.

“Financial engineering” is what the Paris‐born Mr. Meyer, a naturalized American citizen, liked to call his work. He was a friend and advisor to other high-profile public figures such as William S. Paley at CBS and Katharine Graham at The Washington Post''.

Meyer was born to a low-income Jewish family in Paris. That mixture of elegance, hauteur and understatement ran through Mr. Meyer's private life. He did not mind when Americans pronounced his name in the American way, “MY‐er,” but he himself pronounced it “My‐AIR.”. The new European data protection law requires us to inform you of the following before you use our website: We use cookies and other technologies to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests. When Mr. Meyer slowed down his business activities in the 70's, Michel DavidWeill became the senior partner of Lazard in New York, and Mr. Meyer became a limited partner. André Benoit Mathieu Meyer was born on Sept. 3, 1898, in Paris, according to the Lazard spokesman, although it was rumored that Mr. Meyer was actually born … Mr. Meyer was 81 years old, had been in poor health, and recently caught pneumonia in Switzerland, where he had often vacationed over the years. Some of these far‐flung, hard‐driving business activities brought Mr. Meyer his share of criticism on various grounds. At one time, he was believed to hold about $2 million in RCA stock and $4 million in Newmont stock personally. Mr. Meyer's philanthropic activity included a $2.5 million gift to N.Y.U. André Meyer, called "the most creative financial genius of our time in the investment banking world" by David Rockefeller, became one of the most important people in American business with an influence that extended around the globe. Married with two children, Meyer, who was Jewish, and his family were forced to flee France following the Nazi occupation during World War II. In the hushed Rockefeller Plaza headquarters of Lazard Frères, one of the nation's foremost investment banking houses, Mr. Meyer's associates sometimes used to refer to him as “Zeus” —the most powerful of the gods. It was also due to his ferociously hard work, his network of friendships with other influential people and his ability to attract and command able associates. Comment Report abuse. Asked about that once, Mr. Meyer shrugged his expensively tailored shoulders and answered, “The first two are really one, and the third is not always the case.”. Rohatyn asserts that Meyer's guidance and advice made success at Lazard possible. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. And David Rockefeller, chairman of the Chase Manhattan Bank, called Mr. Meyer “in many ways, the most creative financial genius of our time in the investment banking field.”. The galleries, to be completed by February 1980, are to be named for him. Data released in 1973 by the Committee to Re‐elect the President indicated that Mr. Meyer had contributed $90,000 to President Nixon's re‐election campaign in 1972, which made him one of the 95 largest contributors. Verified Purchase. As well, from 1927, representing Lazard along with Paul Frantzen and Raymond Philippe, André Meyer was elected to Board of Directors of the failing automobile giant Citroën. Helpful. He was also a close confidant of U.S, President Lyndon Johnson, consulting at the Oval Office several times a year during Johnson's tenure. In his spare time, Mr. Meyer assembled a costly art collection that included a landscape by the 19th‐century French painter Camille Pissarro, which he bought for $62,000, then a world record price for a Pissarro, at an auction here in 1958. The book is well written, and full of interesting trivia about Lazard and Andre Meyer. André Benoit Mathieu Meyer was born on Sept. 3, 1898, in Paris, according to the Lazard spokesman, although it was rumored that Mr. Meyer was actually born a year or two earlier. It made Lazard Frères a significant force in consumer credit as well as in product leasing. We rely on readers like you to uphold a free press. They lived quietly in their apartment at the Carlyle Hotel, amid ornate candelabra, rare bronzes and art works by Cézanne, Degas and Picasso.
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