Richard Kahn (entrepreneur)

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Richard Kahn (born November 9, 1890 in Bochum ; † unknown date of death) was a German entrepreneur in the 1910s to 1930s. The Jew Richard Kahn was born as the son of a cattle dealer in Bochum and went to a high school up to the tenth grade . After working briefly in machine tool manufacturing companies, he began investing in this industry in 1910. However, since he did not have a large fortune, he was dependent on financing through bank loans from the start. In the next few years he also appeared several times as the company's founder. In 1913, Kahn became a partner in Pfalz-Flugzeugwerke , which was founded on the initiative of Alfred Eversbusch . Together they founded the Rhenania engine factory in 1917 , which Eversbusch left in the same year. Kahn thus remained as the sole shareholder and incorporated the company into its new industrial holding, Richard Kahn GmbH . Over the years, other companies have been incorporated into the group, including Schnellpressenfabrik AG Heidelberg , Deutsche Niles-Werke AG and Vereinigte Fabriken C. Maquet AG . With further acquisitions of, in some cases unprofitable, companies, the debt burden of the conglomerate continued to rise. The high debts resulted in the complete collapse of the group in 1932. On April 4, 1933, Kahn was taken into protective custody and charged with so-called bankruptcy crimes. Since Kahn's sons, who served in the French and British armed forces in World War II, claimed their parents' property after the war, it can be assumed that Richard Kahn did not survive the period of the Third Reich. An exact date of death is not known. The sons' claim to the companies of the former Kahn Group was not granted, however, as it could be proven that the company network had collapsed for purely economic reasons and that bankruptcy was sealed before the seizure of power in 1933.

Individual evidence

  1. ↑ PFW Aerospace: History accessed on October 2, 2018
  2. ↑ Martin Krauß: From bell casting to offset printing. History of Heidelberger Druckmaschinen AG. Pp. 45-46. regional culture publisher, Ubstadt-Weiher 2000, ISBN 978-3897351486
  3. ^ Waldemar Koch: From the memoirs of an industrial engineer p. 111. Westdeutscher Verlag, Cologne and Opladen 1962, ISBN 978-3-663-06180-9
  4. ↑ Martin Krauß: From bell casting to offset printing. History of Heidelberger Druckmaschinen AG. Pp. 71-72. regional culture publisher, Ubstadt-Weiher 2000, ISBN 978-3897351486
personal data
SURNAME Kahn, Richard
BRIEF DESCRIPTION Industrialist and founder of the Kahn Group
DATE OF BIRTH November 9, 1890
PLACE OF BIRTH Bochum
DATE OF DEATH 20th century or 21st century