/biz/ - Business & Finance

>>26006249
From wikipedia:
>"Stinnes used his access to hard foreign currency during the period of inflation in the Weimar Republic to borrow vast sums in Reichmarks, repaying the loans with nearly worthless currency later. This earned him the title of "Inflationskönig" (Inflation King)."
Hardly something the common man can do through the stock market
>"Stinnes died in Berlin as a result of a gall bladder operation. Although his financial empire held some 4500 companies and 3000 manufacturing plants, it collapsed within a year of his death."

https://www.britannica.com/biography/Hugo-Stinnes
Seems like most of his profits were generated from consolidating previous wealth and monopolizing industrial processes. During the hyperinflation he bought up a bunch of worthless newspapers and advocated for altering labor standards to increase efficiency and productivity. Sounds a lot like Jeff Bezos of our day, consolidating massive warehouse distribution and transportation infrastructure and vertically integrating every part of the process until Amazon is a monopoly like it is today. Not to mention Jeff Bezos also recently bought Washington Post