Bethel Henry Strousberg

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Strousberg built a railway network over Prussia and a great deal of Eastern Europe
Strousberg built a railway network over Prussia and a great deal of Eastern Europe

Bethel Henry Strousberg (20 November 1823 –May 31, 1884) was a German industrialist and railway entrepreneur during its rapid industrial expansion in the 19th century. He cemented his social standing with the construction of the Palais Strousberg in Berlin's Wilhelmstrasse designed by August Orth.

Strousberg was born in Neidenburg, East Prussia, as Baruch Hirsch Strousberg. His business empire began a terminal decline during the Franco-Prussian War (1870-71). In 1872, he was forced into liquidation after a ruinous settlement with the Romanian government on account of unfulfilled railway contracts. Strousberg was declared bankrupt in 1875. After standing trial in Russia for alleged fraudulent transactions with a bank in 1876, he was deported and returned to Berlin, dividing his time between London and the castle in Bromberg whilst attempting his social rehabilitation with various projects and writing his memoirs.[1] He died in Berlin.

[edit] References

  1. ^ Jewish encyclopedia
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