Alfred Herrhausen

German banker (1930–1989)

Alfred Herrhausen belongs to the commercial record as a figure whose ventures outlasted the conditions that produced them.

The record lists Alfred Herrhausen as German banker (1930–1989).

Alfred Herrhausen was born at Essen in 1930. His recorded nationality is Germany. He was educated at University of Cologne and Reichsschule Feldafing.

Post-war business was mass-market and increasingly multinational, managed by professionals rather than owners.

He worked as economist, politician and financier.

Commercial success is easy to measure and hard to interpret; timing and market do much of the work.

That the business was built from Germany shaped it: capital, regulation and market size differ by country, and they decide what is even attemptable.

Alfred Herrhausen died in 1989, aged 59. What remains is the enterprise and its consequences, which is the only durable measure of a commercial life.

Achievements

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