Samuel Insull

Businessperson, Organization founder

1859 – 1938

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Who was Samuel Insull?

Samuel Insull was a British-born American business magnate whose vast Midwest holding company empire collapsed in the 1930s. He was an innovator and investor based in Chicago who greatly contributed to creating an integrated electrical infrastructure in the United States. Insull was notable for purchasing utilities and railroads using holding companies. After his business enterprises collapsed during the Great Depression he was accused of profiting personally by selling worthless stock to unsuspecting investors who trusted him because of his position and reputation, but was acquitted at trial. He was also responsible for the building of the Chicago Civic Opera House in 1929.

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Born
Nov 11, 1859
London
Nationality
  • United States of America
Profession
Lived in
  • London
Died
Jul 16, 1938
Paris
Resting place
Putney Vale Cemetery

Submitted
on July 23, 2013

Citation

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"Samuel Insull." Biographies.net. STANDS4 LLC, 2024. Web. 12 Dec. 2024. <https://www.biographies.net/people/en/samuel_insull>.

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