Hugenberg, Alfred, born 19-06-1865 in Hanover, Germany, the son of a Prussian politician. He studied law in Heidelberg and Berlin. Hugenberg joined the Prussian Finance Ministry before being appointed by Gustav Krupp
as chairman of the board of directors of Krupp Armaments Company in 1909
. He also built up his own business interests and by the end of the First World War owned UFA,
Germany’s largest film company and several provincial newspapers. Hugenberg held right-wing views
and in 1919 he joined with Hugo Stinnes in establishing the German Nationalist Party (DNVP).
Stinnes died age 54, on 10-04-1924 in Berlin.
The following year Hugenberg was elected to the Reichstag
and soon afterwards became chairman of the party. His substantial fortune enabled him to fund his political campaigns against the Versailles Treaty, Locarno Treaty and the Young Plan. In 1929 Hugenberg began funding Adolf Hitler (see Hitler Paula
) (see William Hitler
) and the Nazi Party. He also joined with Hitler (see Alois Hitler
) to help oust Heinrich Brüning
from power in December, 1932.
When Adolf Hitler
became chancellor on 30 January 1933 he appointed Hugenberg as his Minister of Agriculture and Economics. However, he resigned from office six months later in protest against the Nationalist Party being closed down.
Hugenberg remained a member of the Reichstag but he no longer had any political influence. Hugenberg still hoped to control the Nazis, an illusion soon shattered. He resigned on 26-06-1933, and his party was dissolved.
Death and burial ground of Hugenberg, Alfred Wilhelm Franz Maria.