Description:
(Swedish Civil Engineer, Entrepreneur and Industrialist) Ivar Kreuger, known as the "Match King," was a Swedish civil engineer, financier, entrepreneur, and industrialist. He co-founded Kreuger & Toll Byggnads AB in 1908, specializing in innovative building techniques. Kreuger built a global match and financial empire through bold investments and financial strategies, including securing match monopolies with governments worldwide. While some viewed his financial empire as a Ponzi scheme, it also encompassed successful and legitimate businesses across various industries. The collapse of his empire during the Great Depression and his controversial death in 1932 marked the end of his influential career.