Alfred Kordelin

Last updated

Alfred Kordelin Alfred Kordelin.jpg
Alfred Kordelin
Alfred Kordelin's burial site, the Kordelin Chapel Kordelinin kappeli.JPG
Alfred Kordelin's burial site, the Kordelin Chapel

Alfred Kordelin (6 November 1868, Rauma – 7 November 1917, Mommila, Hausjärvi) was a Finnish industrialist, businessman, entrepreneur, and a major philanthropist. Kordelin was one of the richest Finnish entrepreneurs of his time.

Kordelin had little formal education. He was the son of a poor seaman from Rauma. Kordelin invested wisely in the fields of weaving, shipbuilding and metalworking, becoming one of Finland's richest men. Risto Ryti, who later became President of Finland, was Alfred Kordelin's legal advisor and close friend. Kordelin owned the Mommila and Jokioinen manor houses and a steammill in Reposaari. He invested a large amount of money in different companies. He built a summerhouse in Naantali, called Kultaranta. Kultaranta is currently owned by the Government of Finland, and used as the President's summer residence. Kordelin himself spent only one summer at Kultaranta. On 7 November 1917, Kordelin was kidnapped by a group of Red Guards and was murdered by a Russian sailor in the so-called Mommila skirmish that followed.

Kordelin never married and was childless. Upon his death he bequeathed all his property to a Finnish cultural foundation in his will. With this money the Alfred Kordelin Foundation was later founded. The foundation gives out several million euros annually in grants and awards to promote literature, science, art, and public education in Finland.

He was buried in Rauma on a chapel which was drawn by Finnish architect Lars Sonck.

Related Research Articles

Bill Gates American businessman and philanthropist

William Henry Gates III is an American business magnate, software developer, investor, author, and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. He is considered one of the best known entrepreneurs of the microcomputer revolution of the 1970s and 1980s.

Sergey Brin Co-founder of Google

Sergey Mikhaylovich Brin is an American business magnate, computer scientist and Internet entrepreneur. Together with Larry Page, he co-founded Google. Brin was the president of Google's parent company, Alphabet Inc., until stepping down from the role on December 3, 2019. He and Page remain at Alphabet as co-founders, controlling shareholders, board members, and employees. As of October 2021, Brin is the 7th-richest person in the world, with an estimated net worth of $115.2 billion.

Aristotle Onassis 20th-century Greek shipping tycoon

Aristotle Socrates Onassis, commonly called Ari or Aristo Onassis, was a Greek shipping magnate who amassed the world's largest privately-owned shipping fleet and was one of the world's richest men. He was married to Athina Mary Livanos, had a long-standing affair with opera singer Maria Callas and was married to Jacqueline Kennedy, the widow of US President John F. Kennedy.

Risto Ryti Fifth President of Finland (1940–44)

Risto Heikki Ryti served as the fifth president of Finland from 1940 to 1944. Ryti started his career as a politician in the field of economics and as a political background figure during the interwar period. He made a wide range of international contacts in the world of banking and within the framework of the League of Nations. Ryti served (1939-1940) as prime minister during the Winter War of 1939-1940 and the Interim Peace of 1940-1941. Later he became president during the Continuation War of 1941-1944. After the war, Ryti was the main defendant in the Finnish war-responsibility trials (1945-1946).

Rauma, Finland Town in Satakunta, Finland

Rauma is a town and municipality of ca. 39,000 inhabitants on the west coast of Finland, 92 kilometres (57 mi) north of Turku, and 50 kilometres (31 mi) south of Pori. Its neighboring municipalities are Eura, Eurajoki, Laitila and Pyhäranta. Granted town privileges on 17 April 1442, Rauma is known for its paper and maritime industry, high quality lace and the old wooden architecture of the city centre, which is a UNESCO World Heritage site.

Warren Buffett American investor, entrepreneur, and businessperson

Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over $101.1 billion as of October 2021, making him the world's tenth-wealthiest person.

Ivar Kreuger Swedish civil engineer, financier, entrepreneur and industrialist

Ivar Kreuger was a Swedish civil engineer, financier, entrepreneur and industrialist. In 1908, he co-founded the construction company Kreuger & Toll Byggnads AB, which specialized in new building techniques. By aggressive investments and innovative financial instruments, he built a global match and financial empire. Between the two world wars, he negotiated match monopolies with European, Central American and South American governments, and finally controlled between two thirds and three quarters of worldwide match production, becoming known as the "Match King".

Carlos Slim Mexican business magnate, investor, and philanthropist

Carlos Slim Helú is a Mexican business magnate, investor and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the Forbes business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. As of October 2021, he was ranked as the sixteenth-richest person in the world according to Bloomberg Billionaires Index, with a net worth estimated at $62.6 billion. He is the richest person in Latin America.

Naantali City in Southwest Finland, Finland

Naantali is a town in southwestern Finland, and an important tourist centre of the country. The municipality has a population of 19,454 (31 March 2021), and is located in the region of Southwest Finland, 14 kilometres (8.7 mi) west of Turku.

Vladimir Potanin Russian business entrepreneur

Vladimir Olegovich Potanin is a Russian business oligarch. He acquired his wealth notably through the controversial loans-for-shares program in Russia in the early to mid-1990s.

John Doerr American businessman

L. John Doerr is an American investor and venture capitalist at Kleiner Perkins in Menlo Park, California. In February 2009, Doerr was appointed a member of the President's Economic Recovery Advisory Board to provide the President and his administration with advice and counsel in trying to fix America's economic downturn. In 2017, related to Forbes, he was recognized the 40th Richest In Tech. As of July 2017, Forbes ranked Doerr as the 105th richest person in the United States and the 303rd richest person in the world, with a net worth of US$ 12.7 billion as of March 3, 2021. Doerr is the author of Measure What Matters, a book about goal-setting, and Speed & Scale: An Action Plan for Solving Our Climate Crisis Now. For 2019, his net worth increased up to $7.7 billion, being the 215th in the Billionaires 2019 list and the 56th in The Midas List: Top Tech Investors 2019.

Pierre S. du Pont American businessman

Pierre Samuel du Pont was an American entrepreneur, businessman, philanthropist and member of the prominent du Pont family.


Kultaranta is the summer residence of the president of Finland. It is in the district of Kultaranta on the island of Luonnonmaa, in Naantali. The granite manor house is surrounded by 560,000 square metres (6,027,790 sq ft) of park, belonging to the property.

Louis Bacon American hedge fund manager and billionaire

Louis Moore Bacon is an American investor, hedge fund manager, and philanthropist. He is the founder and chief executive of Moore Capital Management.

Jim Pattison Canadian businessman

James Allen Pattison is a Canadian business magnate, investor, and philanthropist. He is based in Vancouver, British Columbia, where he holds the position of chief executive officer, chairman and sole owner of the Jim Pattison Group, Canada's second largest privately-held company, with more than 45,000 employees worldwide, and annual sales of $10.1 billion. The Group is active in 25 divisions, according to Forbes, including packaging, food, forestry products.

Gennady Timchenko Russian Billionaire & Businessman

Gennady Nikolayevich Timchenko is a Russian oligarch and billionaire businessman. He founded and owns the private investment group, Volga Group, which specializes in investments in energy, transport and infrastructure assets. Previously he was a co-owner of Gunvor Group. As of 15 April 2021, Timchenko was ranked 96th on the Bloomberg Billionaires Index, with an estimated fortune of US$19.5 Billion and making him the 6th richest person in Russia. He is known for being the Chairman of the Board of Directors of the Kontinental Hockey League, and President of the SKA Saint Petersburg ice hockey club. He is a citizen of Russia, Finland and Armenia. He is an honorary consul of Serbia in Saint Petersburg.

Samuel Evans Wyly is an American entrepreneur and businessman, author, philanthropist, and major contributor to conservative candidates. He appeared on Forbes's list of richest Americans first in 2000 with a net worth of $750 million, and he remained on that list through 2010 with a net worth of $1 billion; that year, he was charged with tax fraud by the SEC and IRS, eventually leading to $500 million in settlements and bankruptcy declaration.

STX Finland Finnish shipbuilding company

STX Finland Oy, formerly Aker Yards Oy, was a Finnish shipbuilding company operating three shipyards in Finland, in Turku, Helsinki and Rauma, employing some 2,500 people. It was part of STX Europe, a group of international shipbuilding companies owned by the South Korean STX Corporation.

Jari Komulainen is a Finnish businessman. He became famous by being married to the Finnish President Mauno Koivisto’s daughter, Assi Koivisto.

Igor Rybakov Russian entrepreneur (born 1972)

Igor Vladimirovich Rybakov is a meta-entrepreneur who co-owns the Technonikol industrial corporation and the Prytek technology corporation. He has appeared on Forbes 2021 list of the world's wealthiest people with a net worth of $2 billion. He is an author, actor, showman, singer, and producer. His motto is: “What we dwell on is who we become.” Rybakov is a philanthropist that focuses on education. Forbes calls the Rybakov Prize, established by Rybakov and his wife, Ekaterina Rybakov, the “Nobel Prize in Education”. Igor and Ekaterina Rybakov's main focus and passion has been the improvement of education in Russia and around the world. To coordinate their efforts and advance in this area, they founded the non-profit Rybakov Family Foundation in 2015.