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Ludwig Knoop

Ludwig Knoop

German entrepreneur and merchant
Ludwig Knoop
The basics

Quick Facts

Intro German entrepreneur and merchant
A.K.A. Johann Ludwig von Knoop
Was Businessperson Entrepreneur Merchant
From Germany
Type Business
Gender male
Birth 15 May 1821, Bremen, Germany
Death 14 August 1894, Bremen, Germany (aged 73 years)
Star sign TaurusTaurus
Family
Spouse: Louise Knoop
Children: Louise KnoopAndreas Johann von KnoopBaron Johann Knoop
The details

Biography

Johann Ludwig Knoop (15 May 1821 in Bremen - 14 August 1894 in Bremen) was a cotton merchant and entrepreneur from the city-state Free Hanseatic City of Bremen, who became one of the richest entrepreneurs in his time. He was created a Baron by Alexander II of Russia.

He studied in Bremen, and learned the cotton business at Manchester with the Bremen-born cotton exporter Johan Frerichs's company De Jersey & Co. He went to Moscow as assistant to the firm's agent Franz Holzhauer in 1840. That year he established the first power-driven cotton mill in Russia.

In 1842, the British ban on the export of cotton machinery, imposed in 1775 to protect the country's head start in technology, was lifted, allowing the manufacture of cotton to expand in Russia. Knoop used English credit to build and fit out mills with English equipment. The commissioning in 1847 of Morozov's Nikolsk mill at Orekhovo-Zuyevo, Knoop's sixth, was seen as a landmark in the industry's development in Russia.

In 1852, he founded L Knoop & Co, in association with De Jersey and the machinery manufacturer Platt Brothers of Oldham, Lancashire. In 1857, he built the largest cotton spinning mill in Europe on the island of Kreenholm at Narva, Estonia, which employed 4500 people. The Krenholm Manufacturing Company's factory in Narva had nearly half a million spindles driven by water-power. It paid low wages, but took its responsibilities to its workforce seriously, introducing a health insurance scheme and supplying workers with dwellings, kindergartens, and schools.

Eventually, he was responsible for equipping 187 cotton mills on Russian territory. However, Knoop came under attack from the Russian Technical Society for retarding industrial development in the country. This was because he relied exclusively on English machinery and also supplied the factories with English managers, technicians, and supervisors. He was created a baron by Tsar Alexander II in 1877.

He died on 16 August 1894 at St Magnus, Bremen, where a city park created from his estate is named after him. His descendants include Ernst Albrecht, Hans-Holger Albrecht and Ursula von der Leyen.

The contents of this page are sourced from Wikipedia article on 10 Mar 2020. The contents are available under the CC BY-SA 4.0 license.
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Reference sources
References
http://www.nottingham.ac.uk/businesshistory/Discussion%20paper%20IV.pdf
https://d-nb.info/gnd/119475057
http://isni.org/isni/0000000066760767
https://id.loc.gov/authorities/names/no97011847
https://www.getty.edu/vow/ULANFullDisplay?find=&role=&nation=&subjectid=500083032
https://viaf.org/viaf/27882516
https://www.worldcat.org/identities/containsVIAFID/27882516
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