Kahn, Otto (Hermann )
- Daniel Jay Grimminger
(b Mannheim, Germany, Feb 21, 1867; d New York, NY, March 29, 1934). Banker and music patron of German birth. Unlike his brother, Robert Kahn, who became a concert pianist, composer, and professor at the Berlin Hochschule für Musik, Otto Kahn found his niche in the more lucrative profession of finance. After working in London from 1888 to 1893, he came to New York City (1893) and became a partner in the firm Kuhn, Loeb & Co. His most important contribution to music was his work as a member of the board of the Metropolitan Opera Company from 1903 until his death in 1934. In 1908 when the Met suffered economically, Kahn was one of 14 subscribers to raise $150,000 to bring the Met out of its crisis. He served as the board’s president for seven years (starting in 1924), during which time he campaigned for a new opera house to no avail. Kahn was also the vice president for a time of the New York Philharmonic board, and was an honorary director of Covent Garden and the Boston Opera....