Concept

Benjamin Gompertz

Benjamin Gompertz (5 March 1779 – 14 July 1865) was a British self-educated mathematician and actuary, who became a Fellow of the Royal Society. Gompertz is now best known for his Gompertz law of mortality, a demographic model published in 1825. He was the brother of the early animal rights activist and inventor Lewis Gompertz and the poet Isaac Gompertz. Of the German Jewish family of Gompertz of Emmerich, he was born in London, where his father and grandfather had been successful diamond merchants. Debarred, as a Jew, from a university education, he studied on his own from an early age, in the writings of Isaac Newton, Colin Maclaurin, and William Emerson. From 1798 he was a prominent contributor to the Gentleman's Mathematical Companion, and for a period won the annual prizes in the magazine for the solutions of problems. Gompertz married Abigail Montefiore (1790–1871) in 1810; they had three children. In line with his father's wishes, he entered the London Stock Exchange. He became a member of the Mathematical Society of Spitalfields, and served as its president when it was merged with the Astronomical Society of London. In 1819 he was elected a F.R.S., and in 1832 became a member of the council. The Astronomical Society was founded in 1820, and he was elected a member of the council in 1821. On the death of his only son he retired from the Stock Exchange, and absorbed himself in mathematics. When the Guardian Insurance Office was established in 1821, he was a candidate for the actuaryship, but the directors objected to him on the grounds that he was a Jew. His brother-in-law Sir Moses Montefiore with his relative Nathan Mayer Rothschild then founded the Alliance Assurance Company (1824), and Gompertz was appointed actuary under the deed of settlement. His management of the Alliance Company was successful, he was consulted by government, and made computations for the Army medical board. In 1848 he retired from active work and returned to his scientific labours.

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