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Economics & Business

Albert Ballin

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Who

Albert Ballin · Economics & Business

What

Director of HAPAG who built the world's largest shipping line and invented the modern pleasure cruise

When

15 août 1857, Hambourg, Allemagne — 9 novembre 1918, Hambourg, Allemagne

Where

Hambourg

Biography

Albert Ballin is recognized among Jewish contributors to Economics & Business — Director of HAPAG who built the world's largest shipping line and invented the modern pleasure cruise

How & why

Origins and early life

Albert Ballin was born on 15 August 1857 in Hamburg, youngest child of a Danish Jewish immigrant, and never converted — a Jew at the summit of imperial Germany.

Work and career

Starting in his father's small emigration agency, he rose to lead the Hamburg-America Line, HAPAG, from 1899, and made it the largest shipping company in the world, carrying millions of emigrants — so many of them Jews fleeing the Russian Empire — across the Atlantic in conditions he transformed. He invented an industry along the way: the pleasure cruise, first tried with the Augusta Victoria's Mediterranean voyage of 1891, and he built the greatest liners of the age, the Imperator, the Vaterland and the Bismarck.

A confidant of Kaiser Wilhelm II — mocked by antisemites as 'the Kaiser's Jew' — he spent the last peacetime years trying to slow the Anglo-German naval race and avert the catastrophe he saw coming. When the empire collapsed in November 1918, the work of his life in ruins, he took his own life on 9 November, the day of the abdication.

Sources & external links

Verify and go deeper with these external references.

Source: https://www.encyclopedia.com/religion/encyclopedias-almanacs-transcripts-and-maps/ballin-albert

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Contributions & Sources

Director of HAPAG who built the world's largest shipping line and invented the modern pleasure cruise

1891

Source: https://www.encyclopedia.com/religion/encyclopedias-almanacs-transcripts-and-maps/ballin-albert