Paul Berenberg was born in 1566 in Lier, Antwerp, Belgium, son of Paul Berenberg (1533–1603) and Anna Crieckaert ( –1588).
Paul and his brother Hans Berenberg came to Hamburg from Antwerp. They came as Protestant refugees to the city-republic of Hamburg following the Fall of Antwerp in 1585 and established what is now Berenberg Bank in Hamburg in 1590.
The Berenbergs were originally cloth merchants and became involved in merchant banking in the 17th century. Having existed continuously since 1590, Berenberg Bank is the world's oldest surviving merchant bank.
Paul (25) married Francina Snellinck (32) (born in 1559; daughter of Andries Snellinck and Francoise (de Rènialme) Snellinck) in 1592. Their daughter was Francina Berenberg (1601–1641).
Paul died in 1645 in Hamburg, Holy Roman Empire, aged 78.
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