After his father's death in 1859, 17-year-old Meyer left Strasbourg and emigrated to California. In 1874, Meyer bought out Lazard's interest in the store (Kremer had previously sold his interest to Lazard), partnering with his brother, Constant Meyer, and Nathan Kahn (Cahn) renaming it
Eugene Meyer & Company. In 1884, he sold the store and moved to
San Francisco, where he replaced Alexandre Weill as president of Lazard Frères, which was then one of the three "Houses of Lazard" (the other two being the Lazard operations in France and England). After the
Panic of 1893 (partly brought about by the passing of the
Sherman Silver Purchase Act of 1890), Meyer was reassigned to New York City to oversee Lazard's investments, and was seminal in persuading
J.P. Morgan and many European investors not to liquidate their holdings. The act was soon repealed and the crisis resolved. Meyer retired in 1901. On January 27, 1920—Meyer's 78th birthday—the French government made him an Officer of the
Legion of Honor. ==Personal life and death==