COTRUGLI Business Museum

Museum / Lives / Joseph Salvador

No. 1940

Joseph Salvador

1716-1786MerchantEurope · 1716Most named place: London
Merchant

Joseph Salvador was a wealthy London merchant known in the Sephardi community of London as Joseph Jessurun Rodrigues. He was born into a wealthy family which had gone to England from Holland in the early 17th century. In 1738 he married Rachel, daughter of Isaac Lopes, third Baron Suasso. Salvador enhanced his wealth between 1738 and 1749 in the Spanish and Portuguese trade, working with his father, Francis. He also served as a liaison for the English merchants of Cadiz. Later he imported and exported coral and gems from India. Salvador was the first Jew to be made a director of the Dutch East India Company. He also was a financial adviser to the British government.

Active in synagogue and philanthropic affairs, Salvador served as community leader of the Bevis Marks Spanish and Portuguese congregation in London. In his later years, Salvador suffered financial setbacks, notably with the failure of the Dutch East India Company. He sold part of a 100,000-acre holding in South Carolina’s backcountry to his nephew and son-in-law, Francis (see below), who set up an indigo plantation in an effort to recoup the family losses. Later, Salvador sold most of his land, and in 1784 emigrated to South Carolina, presumably to support himself from remaining lands. He died in Charleston.