Henri Deterding Totally Explained

Everything about Henri Deterding totally explained

Henri Wilhelm August Deterding KBE (Hon), (19 April 1866, Amsterdam - 4 February 1939, St Moritz) was one of the founders of the Royal Dutch Petroleum Company and for 36 years (1900 - 1936) its chairman and the chairman of the combined Royal Dutch/Shell oil company. He made it to the runner up against John D. Rockefeller's Standard Oil and it's still one of the world's largest oil companies. Deterding was the prime architect of the Seven Sisters oil cartel created in the 1920s. He was made an honorary KBE in 1920 for service to Anglo/Dutch relations, but mainly for his work supplying Allies with petroleum during WWI. Called the "Napoleon of Oil", Deterding was responsible for developing the tanker fleet that let Royal Dutch compete with the Shell company of Marcus Samuel. He led Royal Dutch to several major mergers and acquisitions, including a merger with the "Shell" Transport and Trading Company in 1907 and the purchase of Azerbaijan oil fields from the Rothschild family in 1911. In the last years of his life, Deterding became controversial when he became an admirer of the German Nazi party. In 1936, he discussed with them the sale of a year's oil reserves on credit; the next year, he was forced to resign from the company's board.
Henri was also a father and husband, as he'd a wife and many children. Direct relatives of him are still alive today.

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