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Great Business Stories Podcast
Playing with Fire: Ivar Kreuger - Business Genius or Master Fraudster?

Playing with Fire: Ivar Kreuger - Business Genius or Master Fraudster?

Great Business Stories vor 2 Jahren

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1:00:39

This is the fascinating story of Ivar Kreuger, the most famous
Swedish person and probably the most successful business person
you’ve never heard of.

In his prime during the roaring twenties Ivar built up a fortune
worth $100 billion in today’s money

He invented many of the financial instruments that are still
being used to this day- the stocks and bonds of his companies
were the most widely held securities in the world

He lent billions to cash strapped governments and became a
personal advisor to the US president. And yet, if you google him
now, he’s mentioned in the same breath as Charles Ponzi and
Bernie Madoff

Was Ivar a scam artist or one of the most brilliant business
minds of the 20th century? Or was he both?