At the age of 18 Necker moved to Paris to work in a bank. He rose rapidly in the world of finance and accumulated a considerable fortune, partly as the result of speculation in the French East India Company, of which he became a director, and in the grain trade.
In Necker founded his own bank. A year earlier he had married Suzanne Curchod, the gifted daughter of a Swiss pastor, whose salon was soon frequented by leading literary and diplomatic figures. As a result of his wife's influence, Necker abandoned his bank to his brother in and decided to embark upon a political career.
In the latter he attacked A. Turgot's policy of free trade in grains. Necker also provided financial services for a number of writers and high nobles. Because he was a foreigner and a Protestant he could not receive the official title of controller general. Scholars differ about Necker's first ministry, some accusing him of excessive caution in introducing necessary reforms.
News of this angered the people and was one of the factors which resulted in the storming of the Bastille three days later. View all related items in Oxford Reference ». Search for: 'Jacques Necker' in Oxford Reference ». All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single entry from a reference work in OR for personal use for details see Privacy Policy and Legal Notice.
Oxford Reference. Publications Pages Publications Pages. Recently viewed 0 Save Search. Your current browser may not support copying via this button. Subscriber sign in You could not be signed in, please check and try again. How did the Estates General Work? Ebony Bernick Supporter. What happened during the Great Fear? Fayna Espligares Supporter. How long has it been since the Estates General had met? The Estates General met intermittently until and only once afterwards, in , but was not definitively dissolved until after the French Revolution.
Saqib Jadot Supporter. How did the views of society differ between the nobles and peasants in in France? They did not want to change anything because they had the good life but the peasants on the other had a bad view. They did not have anything to eat and were very poor. They wanted a change while the nobles did not.
Argelia Ukena Beginner. What did the Assembly of Notables do? As its name suggests, it was comprised of significant figures from the First and Second Estates. The king hoped the Notables would endorse the tax reforms proposed by his ministers. Grover Leniz Beginner. When was Jacques Necker born? September 30, Simina Stuerzebecher Beginner. Who was Louis XVI financial advisor? Jacques Necker IPA: [? Necker played a key role in French history before and during the first period of the French Revolution.
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