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The Freundeskreis der Wirtschaft, or ''Circle of Friends of the Economy'' (which became known as " Freundeskreis Reichsführer SS", "Freundeskreis Himmler" or " Keppler Circle") was a group of
German German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Ger ...
industrialists whose aim was to strengthen the ties between the
Nazi Party The Nazi Party, officially the National Socialist German Workers' Party (german: Nationalsozialistische Deutsche Arbeiterpartei or NSDAP), was a far-right political party in Germany active between 1920 and 1945 that created and supported t ...
and business and industry. The group was formed and co-ordinated by Wilhelm Keppler, one of
Adolf Hitler Adolf Hitler (; 20 April 188930 April 1945) was an Austrian-born German politician who was dictator of Nazi Germany, Germany from 1933 until Death of Adolf Hitler, his death in 1945. Adolf Hitler's rise to power, He rose to power as the le ...
's close economic advisors.


Role and development

Keppler, who had been a member of the
NSDAP The Nazi Party, officially the National Socialist German Workers' Party (german: Nationalsozialistische Deutsche Arbeiterpartei or NSDAP), was a far-right politics, far-right political party in Germany active between 1920 and 1945 that crea ...
since 1927, formed the Circle after Hitler's request in 1932 for the formation of a "study group on economic questions". Members were not initially expected to be party members (though many later joined the party), and portrayed the group as "
palaver Palaver may refer to: *Palaver (custom), a form of local conflict resolution in different African countries *"Palaver", meaning a long discussion or procedure, from the Portuguese word "palavra". See List of English words of Portuguese origin. *Pal ...
" and an "innocuous gentleman's club". The size of the group never exceeded 40 members. Groups represented included manufacturing, banking, and SS officials. The group became associated with
Heinrich Himmler Heinrich Luitpold Himmler (; 7 October 1900 – 23 May 1945) was of the (Protection Squadron; SS), and a leading member of the Nazi Party of Germany. Himmler was one of the most powerful men in Nazi Germany and a main architect of th ...
, a friend of Keppler, beginning in 1935. From 1936 to 1944, the members of the circle donated approximately 1 million Marks a year to Himmler for uses "outside the budget". One use of the money was to fund the
Ahnenerbe The Ahnenerbe (, ''ancestral heritage'') operated as a think tank in Nazi Germany between 1935 and 1945. Heinrich Himmler, the ''Reichsführer-SS'' from 1929 onwards, established it in July 1935 as an SS appendage devoted to the task of promot ...
, which conducted Aryan historical and
eugenicist Eugenics ( ; ) is a fringe set of beliefs and practices that aim to improve the genetic quality of a human population. Historically, eugenicists have attempted to alter human gene pools by excluding people and groups judged to be inferior or ...
research. It also sponsored the Jewish skull collection ">Jewish_skull_collection.html" ;"title="Jewish skull collection">Jewish skull collection , when 86 victims were selected at Auschwitz , then murdered using Zyklon B gas at Natzweiler concentration camp and the corpses shipped to Reichsuniversität Straßburg for defleshing and ultimately public display by Professor [ ugust Hirt. The project stopped at this stage when Germany lost the war. At least some members of the group, such as
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 ...
, later benefited from the NSDAP's policy of
aryanization Aryanization (german: Arisierung) was the Nazi term for the seizure of property from Jews and its transfer to non-Jews, and the forced expulsion of Jews from economic life in Nazi Germany, Axis-aligned states, and their occupied territories. I ...
of Jewish-owned competitors.


Post-war sentencing of group members

After the war, William Keppler was sentenced to ten years in prison following the
Ministries Trial __NOTOC__ The Ministries Trial (or, officially, the ''United States of America vs. Ernst von Weizsäcker, et al.'') was the eleventh of the twelve trials for war crimes the U.S. authorities held in their occupation zone in Germany in Nuremberg af ...
at
Nuremberg Nuremberg ( ; german: link=no, Nürnberg ; in the local East Franconian dialect: ''Nämberch'' ) is the second-largest city of the German state of Bavaria after its capital Munich, and its 518,370 (2019) inhabitants make it the 14th-largest ...
in 1949. He was released in February 1951. Friederich Flick was also sentenced to seven years after the Flick trial, and released early in 1950.
Oswald Pohl Oswald Ludwig Pohl (; 30 June 1892 – 7 June 1951) was a German SS functionary during the Nazi era. As the head of the SS Main Economic and Administrative Office and the head administrator of the Nazi concentration camps, he was a key figure i ...
and
Otto Ohlendorf Otto Ohlendorf (; 4 February 1907 – 7 June 1951) was a German SS functionary and Holocaust perpetrator during the Nazi era. An economist by education, he was head of the (SD) Inland, responsible for intelligence and security within Ger ...
were hanged for war crimes in the
Nuremberg trials The Nuremberg trials were held by the Allies against representatives of the defeated Nazi Germany, for plotting and carrying out invasions of other countries, and other crimes, in World War II. Between 1939 and 1945, Nazi Germany invaded ...
.


Members

Members of the group included: From manufacturing: *
Fritz Kranefuss Friedrich Carl Arthur Kranefuß (19 October 1900 in Herford – 1945), known as Fritz Kranefuß, was a German industrialist and a ''Wehrwirtschaftsführer'' (Military Economy Leader) in the Third Reich. Kranefuss was on the board of Braunekohle-Be ...
, Keppler's nephew and member of the board at Brabag; * Kurt Baron von Schröder and Emil Heinrich Meyer,
ITT Corporation ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesse ...
executives; *
August Rosterg August is the eighth month of the year in the Julian and Gregorian calendars, and the fifth of seven months to have a length of 31 days. Its zodiac sign is Leo and was originally named '' Sextilis'' in Latin because it was the 6th month in ...
, the General Director of
Wintershall Wintershall Holding GmbH, based in Kassel, was Germany's largest crude oil and natural gas producer. It was a wholly owned subsidiary of BASF. The company was active in oil and gas exploration and production with operations in Europe, North Af ...
; * Otto Steinbrinck, the vice-president of
Vereinigte Stahlwerke AG The Vereinigte Stahlwerke AG (VSt or Vestag, ''United Steelworks'') was a German industrial conglomerate producing coal, iron, and steel in the interbellum and during World War II. Founded in 1926, economic pressures (decreasing prices and exces ...
; *
Emil Helfferich Emil or Emile may refer to: Literature *''Emile, or On Education'' (1762), a treatise on education by Jean-Jacques Rousseau * ''Émile'' (novel) (1827), an autobiographical novel based on Émile de Girardin's early life *''Emil and the Detective ...
, board chair of the German-American Petroleum Company; * Friederich Flick, chair of Flick KG; * Ewald Hecker, chair of Ilseder Hütte; * Albert Vögler, of
Vereinigte Stahlwerke The Vereinigte Stahlwerke AG (VSt or Vestag, ''United Steelworks'') was a German industrial conglomerate producing coal, iron, and steel in the interbellum and during World War II. Founded in 1926, economic pressures (decreasing prices and ex ...
; * Heinrich Bütefisch, of IG-Farben; *
Karl Lindemann Karl may refer to: People * Karl (given name), including a list of people and characters with the name * Karl der Große, commonly known in English as Charlemagne * Karl Marx, German philosopher and political writer * Karl of Austria, last Austr ...
, of
Norddeutsche Lloyd Norddeutscher Lloyd (NDL; North German Lloyd) was a German shipping company. It was founded by Hermann Henrich Meier and Eduard Crüsemann in Bremen on 20 February 1857. It developed into one of the most important German shipping companies of t ...
; *
Hans Walz Hans Walz (born 21 March 1883 in Stuttgart; died 23 April 1974) was a German merchant, and from 1926 to 1963 he was the managing director of Robert Bosch GmbH. After attending high school, Walz completed a two-year apprenticeship in banking and ...
, head of
Robert Bosch GmbH Robert Bosch GmbH (; ), commonly known as Bosch and stylized as BOSCH, is a German multinational engineering and technology company headquartered in Gerlingen, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch i ...
(and later honored by
Yad Vashem Yad Vashem ( he, יָד וַשֵׁם; literally, "a memorial and a name") is Israel's official memorial to the victims of the Holocaust. It is dedicated to preserving the memory of the Jews who were murdered; honoring Jews who fought against th ...
for his work to save Jews from the Holocaust) From banking: *
Hjalmar Schacht Hjalmar Schacht (born Horace Greeley Hjalmar Schacht; 22 January 1877 – 3 June 1970, ) was a German economist, banker, centre-right politician, and co-founder in 1918 of the German Democratic Party. He served as the Currency Commissioner a ...
, president of the
Reichsbank The ''Reichsbank'' (; 'Bank of the Reich, Bank of the Realm') was the central bank of the German Reich from 1876 until 1945. History until 1933 The Reichsbank was founded on 1 January 1876, shortly after the establishment of the German Emp ...
; *
Karl Rasche Karl Emil August Rasche (23 August 1892 – 13 September 1951) was an SS-Obersturmbannführer and a Ph.D. in law as well as a board member and banker, later spokesman, of the Dresdner Bank during the Third Reich. On 11 April 1949 he was sente ...
, board member of the
Dresdner Bank Dresdner Bank AG was a German bank and was based in Frankfurt. It was one of Germany's largest banking corporations and was acquired by competitor Commerzbank in May 2009. History 19th century The Dresdner Bank was established on 12 Novemb ...
; *
Friedrich Reinhart Friedrich may refer to: Names *Friedrich (surname), people with the surname ''Friedrich'' *Friedrich (given name), people with the given name ''Friedrich'' Other *Friedrich (board game), a board game about Frederick the Great and the Seven Years' ...
, chairman of the board at
Commerzbank Commerzbank AG () is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany by the total value of its balance sheet. Founded in 1870 in Hambu ...