Entrepreneur. He was a Jewish Hungarian-American educated in Vienna and Prague before emigrating to the United States in 1866. Along with his brother Maximilian and James Gaff, another business partner, he produced and sold compressed yeast and distilled spirits. They are credited for being America's first commercially produced yeast. Although the brothers initially intended to bake and sell Viennese bread, Fleischmann became a household name after their yeast exhibit at Philadelphia's Centennial Exposition in 1876. The Fleischmann Yeast Company eventually became the world's leading yeast producer and the second-largest in vinegar production. The monetary value of the business at the time of his death was $20 million. He is also responsible for numerous mechanical patents involving yeast production machinery. He helped to organize the Market National Bank and became its president from 1887 until he died in 1897. He was inducted into the American Society of Baking's Baking Hall of Fame on March 3, 2008. He married and had three children. Besides becoming company's president, his son, Julius Fleischmann, was elected in 1900 as the youngest mayor of Cincinnati. In 1924, his nephew Raoul Fleischmann used the business's funding to start the magazine, "The New Yorker." Even in the 21st century, the family plays a part in the management of the company. The family's biography was published as "The Fleischmann Yeast Family" by Dr. P. Christiaan Klieger.
Entrepreneur. He was a Jewish Hungarian-American educated in Vienna and Prague before emigrating to the United States in 1866. Along with his brother Maximilian and James Gaff, another business partner, he produced and sold compressed yeast and distilled spirits. They are credited for being America's first commercially produced yeast. Although the brothers initially intended to bake and sell Viennese bread, Fleischmann became a household name after their yeast exhibit at Philadelphia's Centennial Exposition in 1876. The Fleischmann Yeast Company eventually became the world's leading yeast producer and the second-largest in vinegar production. The monetary value of the business at the time of his death was $20 million. He is also responsible for numerous mechanical patents involving yeast production machinery. He helped to organize the Market National Bank and became its president from 1887 until he died in 1897. He was inducted into the American Society of Baking's Baking Hall of Fame on March 3, 2008. He married and had three children. Besides becoming company's president, his son, Julius Fleischmann, was elected in 1900 as the youngest mayor of Cincinnati. In 1924, his nephew Raoul Fleischmann used the business's funding to start the magazine, "The New Yorker." Even in the 21st century, the family plays a part in the management of the company. The family's biography was published as "The Fleischmann Yeast Family" by Dr. P. Christiaan Klieger.
Bio by: Linda Davis
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