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Born in Fürth, Wassermann was the son of a shopkeeper and lost his mother at an
early age. He showed literary interest early and published various pieces in small
newspapers. Because his father was reluctant to support his literary ambitions, he began
a short-lived apprenticeship with a businessman in Vienna after graduation.
In 1896 he released his first novel, Melusine (his surname means "water-man" in
German, while a "Melusine" (or "Melusina") is a figure of European legends and
folklore, a feminine spirit of fresh waters in sacred springs and rivers).
From 1898 he was a theater critic in Vienna. In 1901 he married Julie Speyer,
whom he divorced in 1915. Three years later he was married again to Marta Karlweis.
Wassermann's work includes poetry, essays, novels, and short stories. His most
important works are considered the novel Der Fall Maurizius (1928) and the
autobiography, My Life as German and Jew (Mein Weg als Deutscher und Jude) (1921),
in which he discussed the tense relationship between his German and Jewish identities.