1. Adolphe Schneider was a French financier and industrialist who developed a major metalworking enterprise at Le Creusot, the parent of today's Schneider Electric.
19 Facts About Adolphe Schneider
1. 2.
Adolphe Schneider was born in Nancy, France, on 23 October 1802.
3.
Adolphe Schneider was the son of Antoine Schneider, Chatelain de Bidestroff, and Catherine Duran.
4.
Adolphe Schneider's cousin was Antoine Virgile Schneider, who was known for his military service in Greece.
5.
Adolphe Schneider was elected a deputy for Sarreguemines in 1834, became minister of war and was involved with construction of the fortifications of Paris.
6.
In 1821, at the age of nineteen, Adolphe Schneider entered the Seilliere bank.
7.
Adolphe Schneider quickly showed he had a strong business sense with exceptional qualities of listening, understanding, analysis and improvisation.
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Jacques Schneider 8.
In 1830 Adolphe Schneider was the bank's agent with the French expeditionary force to Algiers, for which the bank was providing supplies.
9.
Adolphe Schneider met the army's needs from Spanish suppliers, who were cheaper than the French.
10.
Around this time Adolphe Schneider formed a relationship with the owners of the Le Creusot ironworks, and loaned them money.
11.
Adolph's younger brother Eugene Adolphe Schneider had begun work as a clerk in Reims, then joined his brother at the Seilliere bank.
12.
In 1835 Adolphe Schneider obtained financing and acquired the works at Le Creusot from the purchaser at a premium of one million francs.
13.
Adolphe Schneider brought in Eugene to run the works while he handled finance and sales.
14.
Adolphe Schneider entered politics in 1840, when he was elected to the municipal council of Creusot.
15.
Adolphe Schneider became a member of the Chamber of Deputies in 1842.
16.
Adolphe Schneider died on 3 August 1845 from a fall from his horse.
17.
Adolphe Schneider's brother replaced him in the Chamber of Deputies.
18.
Adolphe Schneider is buried in the cemetery of Pere-Lachaise in Paris.
19.
Adolphe's grandson Jacques Schneider inherited the family business, and was a balloonist and aircraft enthusiast who created the Schneider Trophy.