| Ernest Cassel |
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Born in Cologne , Germany , the son of Jacob Cassel, who owned a small bank, Cassel arrived penniless in Liverpool , England in 1869 and found employment with a firm of grain merchants. With an enormous capacity for hard work and a natural business sense, Cassel was soon in Paris working for a bank. The Franco-Prussian War forced him to move to a position in a London bank, as he was born in Prussia . He prospered and was soon putting together his own financial deals. His areas of interest were in mining, infrastructure and heavy industry. Turkey was an early area of business ventures, but he soon had large interests in Sweden , the United States, South America , South Africa , and Egypt . One of the wealthiest men of his day, Cassel was a good friend of King Edward VII as well as of prime minister ''' Herbert Asquith ''' and a young politician by the name of ''' Winston Churchill .''' He became a Roman Catholic at the behest of his wife, but always thought of himself as a Jew . Cassel had a famous art collection and many beautiful houses. He bred racehorses. He had only one daughter who died young, but he doted on his two granddaughters, especially the eldest, Edwina who looked after him in his old age. She later married Lord Louis Mountbatten . A few months after his death, Cassel's estate was probated at 6,000,000 pounds sterling. |
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