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Otto-Ernst Flick
Otto-Ernst Flick (1916–1974) was the oldest of three sons born to Friedrich Flick and wife Marie Schuss in 1916 in Germany. Biography He entered the Friedrich Flick Industry Holding Company in 1953, but had a fall-out with his father in about 1960. Otto-Ernst took his father to court to secure his inheritance, and after a prolonged struggle, received a payment for settlement. He retired in Düsseldorf and died in 1974. His surviving brother, Friedrich Karl Flick gained full control of the business after he paid out the children of Otto-Ernst. See also * Flick family The Flick family is a wealthy German family with an industrial empire that formerly embraced holdings in companies involved in coal, steel and a minority holding in Daimler AG. Friedrich Flick (1883–1972) was the founder of the dynasty, establis ... 1916 births 1974 deaths Otto-Ernst {{Germany-bio-stub ...
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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. Early life Born in Ernsdorf (today, Kreuztal) in the Prussian Province of Westphalia, 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 ...
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Friedrich Karl Flick
Friedrich Karl Flick (3 February 1927 – 5 October 2006) was a German-Austrian industrialist and billionaire. Early life He was born in Berlin, the youngest son of Friedrich Flick, an industrialist and convicted Nazi war criminal, and Marie Schuss. After his studies, he worked in his father's company. In 1972, when his father died, he inherited the major part of the family business. Career As the sole owner of the Friedrich Flick Industrial Holding (Industrieverwaltung), he had interests in major companies including Daimler-Benz, WR Grace, Gerling Insurance, Buderus, Dynamit Nobel, Feldmühle and others. In 1975 he sold his part of Daimler-Benz to the Deutsche Bank for more than $1 billion. Major tax liabilities were avoided through "cultivation of the political landscape",—a process that turned into the Flick Affair in 1983 when it became apparent that about $25 million had been paid to German political parties in return for tax cuts and favorable rulings. Although Cha ...
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Flick Family
The Flick family is a wealthy German family with an industrial empire that formerly embraced holdings in companies involved in coal, steel and a minority holding in Daimler AG. Friedrich Flick (1883–1972) was the founder of the dynasty, establishing a major industrial conglomerate during the Weimar Republic; he was found guilty at the Flick Trial, which formed part of the Nuremberg Trials. During the Second World War Flick's industrial enterprises used 48,000 forced labourers from Germany's concentration camps. Friedrich Christian Flick, known as Mick Flick, is an art collector and grandson of Friedrich Flick. History Friedrich Flick was the son of a wealthy farmer, who also owned some stock in a mining company in Ernsdorf. His rise began as a member of the board of directors of the Charlottenhütte mining company, and he eventually became a co-owner. He became the company's Director-General in 1919. During the Weimar Republic, he built an enormous industrial conglomerat ...
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1916 Births
Events Below, the events of the First World War have the "WWI" prefix. January * January 1 – The British Empire, British Royal Army Medical Corps carries out the first successful blood transfusion, using blood that had been stored and cooled. * January 9 – WWI: Gallipoli Campaign: The last British troops are evacuated from Gallipoli, as the Ottoman Empire prevails over a joint British and French operation to capture Constantinople. * January 10 – WWI: Erzurum Offensive: Russia defeats the Ottoman Empire. * January 12 – The Gilbert and Ellice Islands Colony, part of the British Empire, is established in present-day Tuvalu and Kiribati. * January 13 – WWI: Battle of Wadi (1916), Battle of Wadi: Ottoman Empire forces defeat the British, during the Mesopotamian campaign in modern-day Iraq. * January 29 – WWI: Paris is bombed by German Empire, German zeppelins. * January 31 – WWI: An attack is planned on Verdun, France. February * ...
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1974 Deaths
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of President of the United States, United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World Cup in West Germany, in which the Germany national football team, German national team won the championshi ...
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