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Samuel Insull (November 11, 1859 – July 16, 1938) was a British business magnate. He was an innovator and investor based in Chicago who helped create an integrated electrical infrastructure in the United States. Insull created holding companies that purchased utilities and railroads.
Samuel Insull was born in London in 1859 and emigrated to the United States at the age of twenty-two to become secretary to a man he worshipped, Thomas Edison. After winning the inventor's ...
Mar 17, 2003 · There was nobody to tell him “No.”. That was Samuel Insull of yesterday—the mighty Samuel Insull who was swept, almost overnight, from billions to penury in the gigantic collapse of the Insull empire of utilities. It will go down in history as the greatest failure in American business annals.
Samuel Insull was a British-born American public utilities magnate whose vast Midwest holding company empire collapsed in the 1930s. After working with one of Thomas A. Edison’s London representatives, Insull went to the United States in 1881 to become Edison’s private secretary.
Jan 12, 2021 · Few business leaders or entrepreneurs in American history have done more to enable progress and prosperity than Samuel Insull, a name little known today. Yet eighty years ago, he was one of the most famous people in America and Europe—and one of the most despised.
Insull expanded his consumer base, lowered prices, and successfully monopolized the electrical utility market in Chicago. His holding company controlled electric utilities, transit companies, and railroads throughout the Midwest.
May 29, 2018 · Samuel Insull was a 21-year-old Englishman in 1881 when inventor Thomas Alva Edison brought him to America as his private secretary. Eleven years later, Insull was Edison's most trusted adviser, with discretion to handle all the inventor's financial matters.
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