Julius Petschek

Julius Petschek (14 March 1856 – 22 January 1932) was an industrialist of Jewish origin in Austria-Hungary and later in Czechoslovakia. Together with his brother Ignaz, he was one of the wealthiest persons of interwar Czechoslovakia.

Early life Petschek was born in Kolín. He was a younger son of Moses Petschek (1822–1888) and Sara (née Wiener) Petschek (1827–1894). He had a sister, Rosa Petschek (1855–1934), and two brothers, Isidor Petschek (1854–1919), father of Otto Petschek, and Ignaz Petschek (1857–1934), father of Frank C. Petschek.

Career He and his brothers Isidor and Ignaz played an important role in the coal industry of the young Czechoslovakia. Their concern controlled also 30% of the German and in total almost 50% of the European brown coal mining industry in the years after World War I.

In 1920 Ignaz founded the Petschek Brothers Bank (Bankhaus Petschek & Co.) in Prague that was directed by 6 family members including Julius.