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Friedrich Flick
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Friedrich Flick
Friedrich Flick (10 July 1883 – 20 July 1972) was a German industrialist and convicted Nazi war criminal. After the Second World War, he reconstituted his businesses, becoming the richest person in West Germany, and one of the richest people in the world, at the time of his death in 1972.
Flick was the patriarch and founder of the Flick family.
Flick was born 10 July 1883 in Ernsdorf (presently part of Kreuztal), Province of Westphalia, a son of Ernst Flick (1853–1915), a farmer and mining timber merchant, and Philippine Flick (née Winke; 1853–1912).
His father was relatively affluent and a minor participant in the Siegerland ore mines. After completing his high school education he entered a commercial apprenticeship at Bremerhütte. He then studied economics at the University of Cologne. In 1906, Flick graduated with the title of Diplom-Kaufmann (equivalent to Master of Business Administration).
Flick began his career as a clerk in the iron industry. A shrewd businessman, he was on the board of directors of an iron foundry by 1915 at age 32, becoming General Director four years later. He amassed a fortune during World War I and became extremely wealthy under the Weimar Republic, establishing major industrial concerns in the coal and steel industries.
He profited from speculation and stock deals. A conservative, he donated to many different mainstream political parties under the Weimar regime, and contributed greatly to the election campaign of conservative President Paul von Hindenburg. In 1932, he contributed 50,000 Reichsmarks (RM) to the up and coming Nazi Party.
After the Nazi seizure of power in 1933, Flick increased his financial support to them, and it is estimated that he contributed over 7.65 million RM by the fall of the regime in 1945. He became a member of the Keppler Circle, later called the Circle of Friends of the Reichsführer-SS, a group of German industrialists whose aim was to strengthen the ties between the Nazi Party and business and industry. He was also made a member of the Academy for German Law, an organization financed by business contributions.
During the Nazi regime, Flick's businesses profited greatly from the process of Aryanization under which Jews were expropriated by being forced to sell their businesses, sometimes at a fraction of their market worth. Flick formally joined the Nazi Party on 1 May 1937, and in 1938 he was named a Military Economic Leader (Wehrwirtschaftsführer).
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Friedrich Flick
Friedrich Flick (10 July 1883 – 20 July 1972) was a German industrialist and convicted Nazi war criminal. After the Second World War, he reconstituted his businesses, becoming the richest person in West Germany, and one of the richest people in the world, at the time of his death in 1972.
Flick was the patriarch and founder of the Flick family.
Flick was born 10 July 1883 in Ernsdorf (presently part of Kreuztal), Province of Westphalia, a son of Ernst Flick (1853–1915), a farmer and mining timber merchant, and Philippine Flick (née Winke; 1853–1912).
His father was relatively affluent and a minor participant in the Siegerland ore mines. After completing his high school education he entered a commercial apprenticeship at Bremerhütte. He then studied economics at the University of Cologne. In 1906, Flick graduated with the title of Diplom-Kaufmann (equivalent to Master of Business Administration).
Flick began his career as a clerk in the iron industry. A shrewd businessman, he was on the board of directors of an iron foundry by 1915 at age 32, becoming General Director four years later. He amassed a fortune during World War I and became extremely wealthy under the Weimar Republic, establishing major industrial concerns in the coal and steel industries.
He profited from speculation and stock deals. A conservative, he donated to many different mainstream political parties under the Weimar regime, and contributed greatly to the election campaign of conservative President Paul von Hindenburg. In 1932, he contributed 50,000 Reichsmarks (RM) to the up and coming Nazi Party.
After the Nazi seizure of power in 1933, Flick increased his financial support to them, and it is estimated that he contributed over 7.65 million RM by the fall of the regime in 1945. He became a member of the Keppler Circle, later called the Circle of Friends of the Reichsführer-SS, a group of German industrialists whose aim was to strengthen the ties between the Nazi Party and business and industry. He was also made a member of the Academy for German Law, an organization financed by business contributions.
During the Nazi regime, Flick's businesses profited greatly from the process of Aryanization under which Jews were expropriated by being forced to sell their businesses, sometimes at a fraction of their market worth. Flick formally joined the Nazi Party on 1 May 1937, and in 1938 he was named a Military Economic Leader (Wehrwirtschaftsführer).
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