President of the Hungarian Hypotheken-Bank; born 1840 at Bács-Madaras; a younger brother of Miksa Beck. He was educated in Pest. In 1867 he obtained a position in the Anglo-Hungarian Bank, and in 1871, when only thirty-one years of age, was elected director-general of the Hungarian Hypotheken-Bank, which position he held until 1899, when he was unanimously elected president of the institution. He contributed greatly to the prosperity of the bank, which, under his leadership, has now become one of the leading financial institutions of Hungary. In 1893 he received the Order of the Iron Crown of the third class, and in 1895 was elevated to the nobility with the title of "De Madaras."

  • Pesti Hirlap, 1899.
S. M. W.
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