What do the ultra-wealthy owe the remainder of us? It might be the defining argument of our second Gilded Age.
Whereas Elon Musk insists that his companies “are philanthropy,” and America’s richest individuals gave away on common lower than 5% of their whole wealth in 2025, an precise Gilded Age titan affords a special instance.
Nathan Straus, who helped construct Macy’s right into a retail empire within the Nineties, gave away his cash the old style approach, creating milk depots for sick infants within the slums of New York Metropolis and malaria therapies for all these dwelling in pre-state Palestine.
With a powerful Jewish upbringing, and a life haunted by tragedy, Straus (1848-1931) pioneered, together with different public well being packages, a milk pasteurization program in New York Metropolis within the Nineties that he duplicated across the nation and in Palestine. A Jew with energy and an enormous coronary heart, he was hailed by Jewish leaders of his era, together with Rabbi Stephen Sensible and Henrietta Szold, founding father of Hadassah.
His story is advised comprehensively by Andrew Fisher in “Nathan Straus: From Macy’s Magnate to Worldwide Humanitarian,” the primary full-length biographical therapy of his life.
“As an individual who had substantial reasonably than titanic wealth,” recounted Fisher in a dialog with JTA, Straus “had been capable of have an effect on the well being of entire populations in America and Palestine. He had an order of magnitude much less wealth than John D. Rockefeller or Andrew Carnegie however was capable of pull off actually uncommon philanthropic achievements.”
Fisher was drawn to the story not solely due to Straus’ profitable enterprise profession, however due to the businessman’s devotion to doing good, and his unbridled initiative in conceiving and creating beforehand unrealized social and well being packages for which he had no specialised experience.
Not like Rockefeller or Carnegie, Nathan Straus started to offer his cash away early on and was dedicated to a number of vital philanthropic initiatives as he continued to construct his two main retail companies.

Impartial scholar Andrew Fisher has written the primary complete biography of Straus, who was credited with saving the lives of numerous hundreds of infants in New York Metropolis and past. (Rutgers College Press)
Raised in a German Jewish household in Georgia within the mid-Nineteenth century, Straus strongly recognized as a Jew, and located his personal spiritual expression in philanthropic endeavors that emerged from a beneficiant household background. Taking a cue from his mother and father, mentioned Fisher, “Nathan thought that it was incumbent upon the wealthy, by the legal guidelines of God and conscience, to offer again. That was their obligation.”
Nathan’s mother and father additionally believed in cultural outreach. As Fisher notes, “Nathan’s father was fluent in Hebrew and introduced Protestant ministers within the dwelling to speak about sections of the Torah over the household dinner desk. Nathan was instilled with that.”
This world impulse enabled Nathan to stretch past the borders of his father’s small household enterprise, to merge with R.H. Macy’s within the Eighties to kind Macy’s Division Shops, and with Wechsler & Abraham to kind Abraham & Straus within the Nineties.
“Nathan had a nonstop effervescent of recent concepts and gave rocket gas to the improvements in his household enterprise,” mentioned Fisher. And he carried this creativity and drive into his philanthropic endeavors as effectively.
However a few of his philanthropic drive was additionally spurred on by tragedy. Between 1878 and 1893, Nathan and his beloved spouse Lina misplaced three kids to illness, not less than certainly one of whom was thought to have been contaminated by contaminated milk.
This prompted Straus to provoke a program to distribute pasteurized milk at low value to poor households in New York Metropolis. On the time, tainted milk contributed to an unimaginable 25 % mortality fee amongst infants below age one. Though the advantages of utilizing gentle warmth to take away dangerous micro organism was recognized within the West as early as 1864, the dairy business and public well being authorities have been gradual to make it an everyday observe.
Straus’ first pasteurization crops and milk depots have been established in 1893 and operated till 1919, by which era Straus pasteurization crops had been established in cities throughout america and in Europe.
Dedicated to the Zionist trigger within the Nineteen Twenties when different German Jews have been cool to the concept, Straus held the robust perception “that there completely needed to be a protected refuge for Jews from all through the world, who wished to flee, autocratic and sometimes antisemitic regimes, together with these in Japanese Europe and Russia,” mentioned Fisher. Straus prolonged his well being initiatives to Palestine within the Nineteen Twenties and Nineteen Thirties, the place malaria was a relentless risk amongst each Jews and Arabs.

A motorized Straus milk supply truck. (Lina Gutherz Straus, “Illness in Milk”)
Working with Szold, Straus established a well being heart in Jerusalem and was concerned in funding soup kitchens and workrooms to make use of unemployed Jews and Arabs. He additionally led an effort to convey electrification to Palestine.
Main Jewish figures of the early twentieth century knew Straus effectively and applauded his generosity. Sensible famous “his elemental ardour to like, to assist, to serve.” Szold applauded Straus’ watchwords “to have religion, and the remaining will observe.”
When Straus died in New York in January 1931 at age 82, he was mourned by Palestine’s chief Ashkenazi rabbi, Abraham Isaac Kook. “With wounded soul and aching coronary heart I categorical remorse and sorrow on the departure of a knight among the many benefactors of Israel and humanity, a treasure-store of mercy and kindness in whose identify and large deeds we discover comfort,” Kook mentioned in a message despatched to the Jewish Telegraphic Company.
Actually, Straus’ religion in what was good, and what was doable, enabled him to innovate and to offer in surprising methods.
Straus’ instance teaches us, mentioned Fisher, that folks of appreciable wealth can discover monumental which means in serving to the poor and the disenfranchised. Straus’ estimable skills at constructing Macy’s and Abraham & Straus demonstrated his nice energy for initiative and growth.
His public well being and social packages demonstrated what, for Straus, was a much more essential high quality than accumulating wealth: consideration to what good may very well be carried out on the earth and the imaginative and prescient and dedication to drag it off.
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