1. Ludvig Immanuel Nobel was a Swedish-Russian engineer, a noted businessman and a humanitarian.
12 Facts About Ludvig Nobel
1. 2.
Ludvig Nobel is credited with creating the Russian oil industry.
3.
Ludvig Nobel built the largest fortune of any of the Nobel brothers and was one of the world's richest men.
4.
Ludvig Nobel had been facing financial difficulties since the end of the Crimean War in 1856 due to a severe cut in the military budget ordered by the new Tsar Alexander II, and eventually, in 1862, Immanuel's firm was sold by his creditors.
5.
Ludvig Nobel sent his oldest brother, Robert Nobel in 1873 to procure Russian walnut wood in the Caucasus region of southern Russia.
6.
Ludvig Nobel sent additional funds to Robert to invest in modernisation and refinery efficiency.
7.
Ludvig Nobel was the first to experiment with carrying oil in bulk on single-hulled barges.
8.
Ludvig Nobel designed this in Lindholmen-Motala in Sweden with Sven Alexander Almqvist.
9.
The design was widely studied and copied, with Ludvig Nobel refusing to patent any part of it.
10.
Ludvig Nobel was a strong humanitarian as well as a businessman, full of ideas and visions.
11.
Ludvig Nobel introduced profit sharing and worked actively to improve working conditions in his factories.
12.
Ludvig Nobel donated funds to schools and ran a hospital.