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Alfred Beit — latest news, discussion & facts — IJR

Alfred Beit

entrepreneur

Alfred Beit

German born businessman and mining magnate in South Africa (1853-1906)

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About Alfred Beit

Alfred Beit was an Anglo-German gold and diamond magnate in South Africa, and a major donor and profiteer of infrastructure development on the African continent. He also donated much money to university education and research in several countries, and was the "silent partner" who structured the capital flight from post-Boer War South Africa to Rhodesia. Beit's assets were structured around the so-called Corner House Group, which through its holdings in various companies controlled 37 percent of the gold produced at the Witwatersrand's goldfields in Johannesburg in 1913.

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Facts from Wikidata (CC0). Image by Giovanni Boldini via Wikimedia Commons (Public domain).

Occupation

entrepreneur, merchant, art collector, banker

Citizenship

Hamburg, United Kingdom of Great Britain and Ireland

Born

February 15, 1853, 1853

Died

July 16, 1906

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