Wittgenstein, Karl#

b. Gohlie near Leipzig (Germany), April 8, 1847, d. Vienna, Jan. 20, 1913, entrepreneur ; father of Ludwig Wittgenstein and Paul Wittgenstein; lived in the USA from 1865-1866; started working at the rolling mill at Teplice (Teplitz) in 1872; director of this mill from 1877; bought the shares of the Bohemian Mining Company in 1884; director of the Prague Ironworks from 1885-1898; bought the St. Egydy Iron and Steel Works in 1887. In 1890 merged the Upper Styrian scythe industry with the United Scythe Works at Judenburg. W. reached the height of his power when he acquired a majority interest in the Oesterreichisch-Alpine-Montangesellschaft (Austrian Alpine Mining Company) in 1897, where he enforced uncompromising rationalisation and concentration measures. Retired from business after the turn of the century.

Literature#