Flick, Friedrich Karl.

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Flick, Friedrich Karl, born 10-07-1883 in Ernsdorf, the son of the farmer and business graduate Friedrich Flick and his wife Marie Flick (born Schuß), was of humble origin. After graduating from high school, Friedrich started working in the steel industry and studied business and general economics at the Handelshogeschool in Cologne. In World War I, Flick began building his corporate empire. He entered the iron industry and by the early 1930s was a director of United Steel Works,  the largest steel-producing firm in Germany. Flick was the founder of the dynasty, establishing a major industrial conglomerate during the Weimar Republic , becoming a member and founder of the Nazi party, age 47. Friedrich Flick was one of the main financial supporters of Adolf Hitler  (did you know) and the National Socialist German Workers Party, NSDAP . He profiting from the liquidation of Jewish property, becoming one of Hitler’s major armaments producers, his factories becoming notorious for using slave labor from 48,000 concentration camp inmates, it is estimated that 80 per cent of these workers died as a result of the way they were treated during the war. The affair became synonymous with shady deals between big business and party politicians, a scandal that roiled Germany’s major parties for years. Mr. Flick denied personal knowledge of the affair and emerged from it with his wealth intact. But the Flick Group and its top management were tied to bribes paid for influence and tax favors. He was convicted of war crimes at the Nuremberg Trials in 1947 and received a seven-year prison sentence, but only served three years, benefiting from the infamous release of Nazi industrialist Alfred Krupp  Despite being found guilty in the Nuremberg Flick Trial, he quickly became one of West Germany’s richest people by the 1950s and the largest shareholder of Daimler-Benz. He was awarded numerous honours, including the Grand Cross with Star and Sash of the Order of Merit of the Federal Republic of Germany in 1963 and the Bavarian Order of Merit, and was an honorary senator of the Technical University of Berlin. At the time of his death, his industrial conglomerate encompassed 330 companies and around 300,000 employees. The 1983 Flick Affair revealed that German politicians had been bribed to allow the Flick family to reduce its tax liabilities, and after becoming an Austrian citizen to further reduce his tax obligations, in 1985 Friedrich Karl Flick sold most of his industrial holdings to Deutsche Bank for $2.5 billion (£1.4 billion), retiring until his 2006 death

Death and burial ground of Flick, Friedrich Karl.

 Friedrich Flick retired in Austria, where he became a naturalized citizen. He married three times and had two children from his second and third marriages. At the time of his death, he was the wealthiest person living in Austria. His heirs were his son Friedrich Karl Flick
  Friedrich Karl died age 79, of cancer, on 05-10-2006, in Auen. In November 2008, it was reported that an oak coffin containing his remains was taken from his family’s mausoleum at a cemetery at Velden am Wörther See, in what Austrian Federal Police believe may be an attempt to extort money from his widow. His widow Ingrid Flick, his third wife, inherited an estimated £4bn. She and his children are now under police guard. The body was returned in 2009. And his grandson, Friedrich Christian Flick, who established the modern art gallery Friedrich Christian Flick Collection. When he died in 1972, Flick left behind a group of 330 companies and 300,000 employees. Friedrich Flick lived in Kreuztal and died at the old age of 79, of cancer on 20-07-1972. His financial manager, Jörg-Andreas Lohr, told the Austria Press Agency. He said Mr. Flick died shortly after being flown home by private helicopter from treatment in Munich. and is buried on the Stadtfriedhof of Kreuztal.

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