Isaac Le Maire - Merchant in Amsterdam

Merchant in Amsterdam

In 1592 his name was registered for the first time in Amsterdam as a participant in the oldest marine insurance policy. In the following years he grew into the trade in European waters. Initially, he wasn't one of the wealthiest merchants, but he could make major investments by ensuring warrant positions within the direct and indirect family network. Together with Peter van de Pulle and Dirck van Os he constituted a company for trading in Russia. They carried Baltic grain and timber to Spain. Ships with leather, wax, fur and caviar from Archangelsk often were destined for Venice and Livorno. They also traded in bills of exchange, chartering and marine insurances. Between 1594 and 1598 he had a major position in the fish trade between British ports and Spain.

After Cornelis de Houtman made the first trip to the Indies from 1595 to 1597, Le Maire, like many other merchants, plunged into the Indian adventure. In 1599 he and several others in Amsterdam established the Brabant Company, which carried out two voyages to the Indies. The Brabant Company was very successful, it quickly yielded the company 400% profit.

In 1600 he decided to concentrate on trade with the East Indies, but at that time he already acted in the West Indies as well. In 1601 he officially became a citizen of Amsterdam, which was no doubt because of the merger of the New Brabant Company and the Old Company into the First United East Indies Company in Amsterdam. This company, in which Le Maire was a participant, fitted out eight ships to the Indies, led by Jacob van Heemskerk.

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