Stinnes, Hugo

(February 12, 1870, Mülheim an der Ruhr – April 10, 1924, Berlin), German industrial magnate. Stinnes was of the most influential industrialists of the Wilhelminian Empire and the Weimar Republic. The heir to a Ruhr family enterprise engaged in coal mining, trading, and shipping, the entrepreneur founded the Rhine Westphalia Electric Power Corporation in Essen in 1898, serving as chairman of the board after 1902, as well as the Deutsch-Luxemburgische Bergwerks- und Hütten-AG (German-Luxembourg Mining Inc.) in 1901.

Stinnes advocated vociferously for the extens…