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Peder Sather

1810 – 1886

Norwegian-born US banker and philanthropist

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About Peder Sather

Lived 1810 – 1886 (aged 76). Peder Sather was a Norwegian and American banker.

Peder Sather (September 25, 1810 – December 28, 1886) was a Norwegian-born American banker who is best known for his legacy to the University of California, Berkeley. His widow, Jane K. Sather, donated money in his memory for two of the school's most famous landmarks: Sather Gate and Sather Tower are both California Historical Landmarks which are registered National Register of Historic Places.

Biography Peder Pedersen Sæther was born in Odalen, a traditional district in the county of Hedmark in eastern Norway, on the farm Nordstun Nedre Sæther (in what is now Sør-Odal Municipality). His parents were Peder Larsen and Mari Kristoffersdatter. Sæther was a fisherman before emigrating to New York City in about 1832. He entered the banking house of Drexel & Co. in Philadelphia and remained there until 1850.

Philadelphia banker Francis Martin Drexel offered to assist Peder Sather and his business partner Edward W. Church in establishing a bank in San Francisco. In 1850, Sather and Church moved to San Francisco and established the banking firm of Drexel, Sather & Church. From 1863, Peder Sather became the sole owner of the bank. He went on to become one of California’s richest men. Upon his death, the Sather and Church banking firm was absorbed by the Bank of California. Peder Sather was a trustee of the College of California, which would later become the University of California, Berkeley.

Peder Sather married a second time, in 1882, the widow Jane Krom Read (1824-1911). Four years later, after her husband's death she donated money for the construction of Sather Gate and Sather Tower at UC Berkeley, both of which are named in his honor. She also created an endowment for the Sather Professorship of Classical Literature at the University. Sather's banking firm continued until being acquired by the Bank of California in 1910.

Peder Sather Symposium

The Peder Sather Symposium is a biennial event organized as a collaboration between the governments of Norway and Sweden and UC Berkeley. The stated goal of the symposium is to promote the understanding of political, economic, and cultural issues. It is designed to foster interdisciplinary discussion among scholars and policymakers on global and national issues of mutual concern.

Sather Classical Lectures The Sather Classical Lectures are an annual presentation by a selected scholar (the Sather Professor) on topics from the Greek and Roman world of antiquity. The lectures are usually about six in number, and are normally reprinted in book form. Among the distinguished appointees have been Lily Ross Taylor, Ronald Syme, William Bedell Stanford, John Myres, Brian Stock, and Herbert Weir Smyth.

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Important facts

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Also known as
Peder Sæther, Peder Pedersen Sather

People in Peder Sather's life

Named in this biography and alive at the same time

Contemporaries

People whose lives overlapped Peder Sather's

Frequently asked questions

Who was Peder Sather?

Norwegian-born US banker and philanthropist

When was Peder Sather born?

Peder Sather was born on 25 September 1810 in Disenå.

When did Peder Sather die?

Peder Sather died on 28 December 1886 in Oakland.

What was Peder Sather's occupation?

Peder Sather was a banker.

What nationality was Peder Sather?

Peder Sather was Norwegian and American.

Sources & further reading

· Wikipedia: Peder Sather

· Wikidata: Q7159116

· DBpedia: Peder Sather

Cite this page

APA: Biography.guide. (2026). Peder Sather. https://biography.guide/peder-sather/

MLA: "Peder Sather." Biography.guide, https://biography.guide/peder-sather/.

Chicago: "Peder Sather." Biography.guide. https://biography.guide/peder-sather/.

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