Quotes from Otto Von Bismarck: "It's better to know when you're young to not regret it in old age" Deskripsi Otto Von Bismarck was a conservative German diplomat and statesman.Otto von Bismarck was the founder and first chancellor of the German Empire as well as the prime minister of Prussia.Otto Von Bismarck was successful in maintaining peace in Europe for approximately two decades after the empire was established by diligently and skillfully pursuing pacific foreign policy.