du Pont, Alfred Irénée (1864-1935)| US industrialist. He was part of a family firm involved in improving the manufacture of gunpowder. Later business interests included a company that exported US goods to Europe, ownership of the Wilmington Morning News, Delaware and Florida banks, and real estate. |
| He was born near Wilmington, Delaware. He left the Massachusetts Institute of Technology to work at the family explosives firm. After studying a new European gunpowder for the US Ordnance Department, he won the contract for its US manufacture. With two cousins, he bought E. I. du Pont de Nemours & Company and as general and operating manager he designed new machinery, and, among other advances, developed gunpowder for US large-calibre guns. He was forced out of the company after a family stock dispute in 1915 and the family feud continued in later years as he sought to thwart his relatives' political careers. After World War I he founded the export business of Nemours Trading Corporation which lost millions of dollars during the depression of the 1930s. Late in life he was a prominent advocate of social security. |
|
?Sign in  |
|---|
|
|
|