Born in Russia · Nationality German — Politics / regimes / war

Walter Funk

Documented profile covering 7 controversies, including “Life sentence followed by release in 1957 on health grounds” and “Nuremberg trial: acquitted on count 1, convicted on counts 2, 3 and 4”.

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Profile No. 2613 · Updated on 12 October 2026

Portrait of Walter Funk

Photo: Wikimedia Commons

7Documented controversies+ 2 background events
3Sources
1 followed by a conviction

I. Documented controversies

Case · 6 documented stages

Life sentence followed by release in 1957 on health grounds

Conviction
01

1946-1957

Life sentence followed by release in 1957 on health grounds

Conviction

Funk was sentenced to life imprisonment. He was released from Spandau prison in 1957 on health grounds and died in 1960.

State of the evidence
Documented
Attribution
Personally implicated

Sources · 2

  1. [1]
    United States Holocaust Memorial MuseumWalther FunkEncyclopediaVery high reliability
  2. [2]
    United States Holocaust Memorial MuseumInternational Military Tribunal: The DefendantsEncyclopediaVery high reliability

Last verified: 14 September 2026

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02

1945-1946

Nuremberg trial: acquitted on count 1, convicted on counts 2, 3 and 4

Conviction

The International Military Tribunal acquitted Funk on count 1 of conspiracy but found him guilty of crimes against peace, war crimes and crimes against humanity under counts 2, 3 and 4.

Attribution
Personally implicated

Sources · 2

  1. [1]
    Avalon Project, Yale Law SchoolJudgment: FunkCourt decisionVery high reliability
  2. [2]
    United States Holocaust Memorial MuseumWalther FunkEncyclopediaVery high reliability

Last verified: 14 September 2026

Add to this entry

03

1942-1945

Reichsbank–SS agreement concerning property and gold taken from camp victims

Conviction

In 1942, Funk concluded an agreement with Himmler allowing the Reichsbank to receive gold, jewellery and foreign currency transferred by the SS. Property taken from exterminated victims — including dental gold and personal belongings — was subsequently deposited with or processed by the bank.

State of the evidence
Established by a court
Attribution
Directly implicated

Sources · 2

  1. [1]
    Avalon Project, Yale Law SchoolJudgment: FunkCourt decisionVery high reliability
  2. [2]
    United States Holocaust Memorial MuseumWalther FunkEncyclopediaVery high reliability

Last verified: 14 September 2026

Add to this entry

04

1940s

Reichsbank fund for factories employing concentration camp prisoners

Conviction

Under Funk's leadership, the Reichsbank established a revolving fund of 12 million Reichsmarks as credit for the SS to construct factories intended to employ concentration camp prisoners.

State of the evidence
Established by a court
Attribution
Institutional responsibility

Sources · 1

  1. [1]
    Avalon Project, Yale Law SchoolJudgment: FunkCourt decisionVery high reliability

Last verified: 14 September 2026

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05

1938-1939

Economics Minister, financial preparation for war and letter to Hitler

Conviction

Having become Economics Minister and responsible for the wartime economy, Funk supervised arrangements related to financing a conflict. In a letter to Hitler dated 25 August 1939, he stated, among other things, that his plans for war financing, prices and wages and strengthening the Reichsbank had been completed.

State of the evidence
Established by a court
Attribution
Political responsibility

Sources · 1

  1. [1]
    Avalon Project, Yale Law SchoolJudgment: FunkCourt decisionVery high reliability

Last verified: 14 September 2026

Add to this entry

06

1938-11

Participation in economic exclusion of Jews after November 1938 pogroms

Conviction

On 12 November 1938, Funk attended a meeting chaired by Göring on excluding Jews from the economy and proposed a decree prohibiting Jews from engaging in commercial activities, promulgated the same day. Three days later, he publicly justified eliminating Jews from economic life.

State of the evidence
Established by a court
Attribution
Directly implicated

Sources · 2

  1. [1]
    Avalon Project, Yale Law SchoolJudgment: FunkCourt decisionVery high reliability
  2. [2]
    United States Holocaust Memorial MuseumWalther FunkEncyclopediaVery high reliability

Last verified: 14 September 2026

Add to this entry

07

1931-1937

Joining NSDAP and role in propaganda and cultural control apparatus

No legal proceedings

A former financial journalist, Funk joined the NSDAP in 1931, became Hitler's economic adviser, then government press chief and State Secretary at the Ministry of Propaganda in 1933. He also held important positions in Nazi bodies controlling the press, cinema, music and publishing.

State of the evidence
Documented
Attribution
Directly implicated

Sources · 1

  1. [1]
    Avalon Project, Yale Law SchoolJudgment: FunkCourt decisionVery high reliability

Last verified: 14 September 2026

Add to this entry

II. Documented background

Documented biographical or institutional milestones (elections, appointments, foundings, acquisitions…). These are not controversies and are not counted as such.

  1. 1939-1945

    Reichsbank presidency and financial exploitation of occupied territories

    As Reichsbank president from 1939, Funk was held responsible by the Tribunal for measures involving financial exploitation of occupied territories, including seizure of the Czechoslovak National Bank's gold reserves and liquidation of the Yugoslav National Bank. He also chaired the Continental Oil Company, which was responsible for exploiting eastern oil resources.

    Sources · 1
    1. Avalon Project, Yale Law School — Judgment: Funk
  2. 1943-1945

    Participation in Central Planning Board and knowledge of forced labour

    From 1943, Funk was a member of the Central Planning Board, which determined industry's overall labour needs and required Sauckel to supply workers, often deported from occupied territories.

    Sources · 1
    1. Avalon Project, Yale Law School — Judgment: Funk

III. Constellation of documented links

No documented link with another published profile for now.

Two profiles are linked when a documented controversy of one names the other. The link points to that controversy and its sources; it does not indicate a personal relationship.

IV. Has something changed?

A new court decision, a missing source, a mistake? Tell us what should be updated: every request is read by the editorial team.

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