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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 ...
Samuel Insull was an American business magnate of British origin. Known as an innovator and an investor, he had immense contribution in the creation of an integrated electrical infrastructure in the US. He is known for building the Chicago Civic Opera House as well.
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.
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 protégé of Thomas Edison who built the Chicago-based Commonwealth Edison Company into a dominant regional electricai supplier. Insull pioneered a new system of pricing known as Time of Use Rates and was an early adopter of alternating current (AC) technology, which allowed electricity to travel greater distances and ...
In 1892, Insull became the president of the Chicago Edison Company, one of several electric companies in the city. Over the following decade, he mastered the unique economics of the electric utility business and emerged as a national leader of the industry.
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