Jack Barnato Joel

Jack Barnato Joel
Born Isaac Barnato Joel
(1862-09-29)29 September 1862
London, England
Died 13 November 1940(1940-11-13) (aged 78)
St. Albans, Hertfordshire
Nationality British
Occupation Mining magnate and horse breeder
Religion Jewish
Spouse(s) Edith Fanny Richards
(m. c. 1890-1901)
Olive Coulson Sopwith
(m. 1907-1937)
Children 3
Parent(s) Joel Joel
Catherine "Kate" Isaacs
Relatives Solomon Joel (brother)
Barney Barnato (uncle)
Woolf Barnato (cousin)

Isaac "Jack" Barnato Joel (29 September 1862 – 13 November 1940) was a South African mining magnate and a champion horse breeder.[1]

Early life

Isaac Barnato Joel[2] was born on 29 September 1862 into a Jewish family, being one of three sons of Joel Joel (1836/7–1893), a London tavernkeeper of the King of Prussia, and Catherine "Kate" Isaacs (1840–1917). Catherine's brother was Barnet Isaacs, later known as Barney Barnato (1851–1897). Along with his brothers Solomon Joel and Woolf Joel, he was taken under the wing of Barney Barnato and made a fortune from the Barnato Diamond Mining Company.[3]

Career

Joel was accused of Illicit Diamond Buying "IDB"[4] in South Africa under the 1882 Diamond Trade Act violation, but Cecil Rhodes was able to get him released so he could return to London.[5]

Joel served as Chairman of Johannesburg, South Africa Consolidated Investment Company Ltd from 1931 until his death in 1941. He also had a large interest in Diamond Corporation Ltd. and the De Beers Consolidated Mines, Ltd.[6]

Thoroughbred Racing

Beginning in 1900 when he registered his colours of 'black jacket, scarlet cap',[7] he was a thoroughbred racehorse owner and breeder,[6] who won the Epsom Derby twice, first in 1911[8] with Sunstar in front of the King and Queen,[9] and second in 1921 with Humorist.[10]

He won the St Leger Stakes twice, first in 1908 with Your Majesty and again in 1914 with Black Jester.[11] In 1914, he donated £1,000 from the St Leger prize money to various charities or "Relief Funds".[12] He also won the Epsom Oaks[7] four times. First in 1903 with Our Lassie, then in 1907 with Glass Doll, followed by a win in 1913 with Jest, and a consecutive win in 1914 with Princess Dorrie.[13]

Personal life

Northaw House
Childwickbury Manor house

Joel married Edith Fanny Richards (1866–1901), with whom he had three children:

In 1907,[17] after Edith's death, he married Olive Coulson Sopwith (1876–1937),[18] daughter of Thomas Sopwith,[19] an English mining engineer and local historian.[20]

Joel died on 13 November 1941 at his home at St. Albans, Hertfordshire.[6] His estate, valued at US$15,500,000 (equivalent to $249,788,462 in 2015) with an assessed inheritance tax of US$6,700,000 (equivalent to $107,973,077 in 2015), was left his son Harry.[21] In his will, he stated that he was unable to leave any charitable donations because of the "crushing burden of present-day taxation."[22]

Residences

In 1905, his residence was 34 Grosvenor Square in the Mayfair district of London, England,[23] the former home of Sir George Beaumont, 7th Baronet and Robert Richardson-Gardner,[24] and Northaw House in Northaw, Hertfordshire.[23][25]

In 1906,[26] Joel purchased Childwickbury Manor and the stud farm from the estate of Sir John Blundell Maple, 1st Baronet,[27] who had built a horse farm there.[28] After his death, the home was purchased by the Marquesa de Moratella and in 1978, Stanley Kubrick, the film director, bought the manor. His widow, Christiane Kubrick, continues to live in the home.

See also

References

  1. ↑ "Jack Barnato Joel (1862-1940)". Retrieved 2011-02-06. Mr J B Joel, son of an East-end publican, went to South Africa as a young man and became a millionaire there. He returned to England and supervised his vast financial interests in the City. His business covered mines, breweries, collieries in South Africa and gold and diamonds. Jack Joel was extremely successful with his racing and breeding interests and his horses won almost every important contest in the Racing Calendar. He was Champion Owner on 3 occasions.
  2. ↑ "JOEL, SOLOMON BARNATO". jewishvirtuallibrary.org. Jewish Virtual Library. Retrieved 12 October 2016.
  3. ↑ "Wagers Laid on Joel's Suit for Blackmail. Odds in Favor of Sievier. Joel Is Late Barney Barnato's Nephew". New York Times. July 19, 1908. Retrieved 2011-02-06. Not only in sporting circles but in Mayfair and the City there is keen interest in the charges made against Robert S. Sievier, editor of The Winning Post and owner of race horses, by J.B. Joel, the South African mining magnate, who also owns racers. Joel alleges that Sievier attempted to blackmail him to the extent of $25,000.
  4. ↑ Bar-Yosef, E.; Valman, N. (January 15, 2009). 'The Jew' in Late-Victorian and Edwardian Culture: Between the East End and East Africa. Springer. ISBN 9780230594371. Retrieved 12 October 2016.
  5. ↑ Kienholz, M. (October 13, 2008). Opium Traders and Their Worlds-Volume Two: A Revisionist Exposé of the World's Greatest Opium Traders. iUniverse. ISBN 9780595613267. Retrieved 12 October 2016.
  6. 1 2 3 "JACK B. JOEL DIES | BRITISH TURFMAN | Millionaire Breeder and Race Horse Owner Had Large Gold-Mining Interests | WON EPSOM DERBY IN 1911 | Brother of Sol Joel Released Jockey Donoghue to Ride Papyrus Against Zev". The New York Times. November 14, 1940. Retrieved 12 October 2016.
  7. 1 2 Tanner, Michael (May 21, 2013). The Suffragette Derby. Biteback Publishing. ISBN 9781849546065. Retrieved 12 October 2016.
  8. ↑ "SUNSTAR'S DERBY". Grey River Argus. 17 July 1911. Retrieved 2012-02-17.
  9. ↑ "A BRILLIANT DERBY". Ashburton Guardian. 1 June 1911. Retrieved 2012-02-17.
  10. ↑ "VICTORY BY A NECK". Paperspast.natlib.govt.nz. 1921-07-27. Retrieved 2011-11-03.
  11. ↑ "The St. Leger. Reuter's Telegram.". The Straits Times. 11 November 1914. p. 9. Retrieved 23 September 2012.
  12. ↑ "THE SPORTING WORLD". Otautau Standard and Wallace County Chronicle. 10 November 1914. Retrieved 2012-09-04.
  13. ↑ "SPORTING CABLES. THE OAKS. WON BY JEST. LONDON". The Argus (Melbourne). 9 Jun 1913. Retrieved 2012-09-02.
  14. ↑ "Epsom Derby Favorite Wins Thirsk Mile Trial". The New York Times. April 10, 1960. Retrieved 12 October 2016.
  15. ↑ "Royal Palace wins 188th Epsom Derby". Edmonton Journal. 7 June 1967. Retrieved 2012-06-14.
  16. ↑ "MISS JOEL'S QUIET WEDDING | Married by Special License - Big Church Ceremony Canceled.". The New York Times. August 16, 1914. Retrieved 12 October 2016.
  17. ↑ "Mrs Jack Barnato Joel, née Olivie Coulson Sopwith (d. 1937).". lafayette.org.uk. Retrieved 12 October 2016.
  18. ↑ "MRS. JACK BARNATO JOEL | Wife of Philanthropist and a Sister of Sopwith, Yachtsman". The New York Times. December 18, 1937. Retrieved 12 October 2016.
  19. ↑ "Sitter: Mrs Jack Barnato Joel, née Olivie Coulson Sopwith (d. 1937).". Lafayette Negative Archive.
  20. ↑ Sopwith, R. (1994), Thomas Sopwith, Surveyor An Exercise in Self-Help
  21. ↑ Rubinstein, W.; Jolles, Michael A. (January 27, 2011). The Palgrave Dictionary of Anglo-Jewish History. Springer. ISBN 9780230304666. Retrieved 12 October 2016.
  22. ↑ "J.B. Joel Left $15,500,000 Estate". The New York Times. June 1, 1941. Retrieved 12 October 2016.
  23. 1 2 Who's Who: An Annual Biographical Dictionary. London: A. & C. Black. 1905. p. 859. Retrieved 12 October 2016.
  24. ↑ Illustrated London News 1898
  25. ↑ The Anglo-African Who's who and Biographical Sketch-book. George Routledge & Sons, Limited. 1907. p. 162. Retrieved 12 October 2016.
  26. ↑ "Jim Joel : A Rich Legacy". Summerhill Stud. Retrieved 12 October 2016.
  27. ↑ Thompson, Prof F. M. L. (April 5, 2001). Gentrification and the Enterprise Culture : Britain 1780-1980: Britain 1780-1980. OUP Oxford. ISBN 9780191581595. Retrieved 12 October 2016.
  28. ↑ St Michael's Parish Church
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