Jacques Necker
Also called: Necker
Genevan banker and finance minister to Louis XVI whose dismissal in July 1789 set off the storming of the Bastille
Born in Geneva in 1732, he made a fortune as a banker in Paris. As a Protestant he became director-general of finances in 1777 without the title of minister, funding the American war with loans rather than taxes, and won popularity by publishing the royal accounts in 1781 before being forced out. Recalled in 1788, he prepared the Estates-General and agreed to double the Third Estate’s representation. News of his dismissal on 11 July 1789 set off the storming of the Bastille; he was soon reinstated but lost influence and retired to Coppet in Switzerland in 1790. His daughter was the writer Germaine de Staël. He died at Coppet in 1804.
