IRéNéE DU PONT
'Irénée du Pont' (1876-1963) was a U.S. businessman, former president of the DuPont company and head of the Du Pont trust.
A descendant of Eleuthère Irénée du Pont, he graduated from MIT in 1897 and worked for Fenn’s Manufacturing Contracting Company for a number of years before he joined DuPont. He was president of DuPont from 1919 to 1925 and remained on the board until he retired in 1958. He was implicated in the Business Plot to reduce President Franklin Delano Roosevelt's power.
In 1957 ''Fortune'' estimated his wealth at between $200 million and $400 million, making him one of the two richest members of the Du Pont family at that time, and one of the twenty richest Americans (see Wealthiest Americans (1957)).
He built a mansion in Varadero, Cuba which he named ''Xanadu''.
★ DuPont Heritage: Irénée du Pont
:
A descendant of Eleuthère Irénée du Pont, he graduated from MIT in 1897 and worked for Fenn’s Manufacturing Contracting Company for a number of years before he joined DuPont. He was president of DuPont from 1919 to 1925 and remained on the board until he retired in 1958. He was implicated in the Business Plot to reduce President Franklin Delano Roosevelt's power.
In 1957 ''Fortune'' estimated his wealth at between $200 million and $400 million, making him one of the two richest members of the Du Pont family at that time, and one of the twenty richest Americans (see Wealthiest Americans (1957)).
He built a mansion in Varadero, Cuba which he named ''Xanadu''.
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★ DuPont Heritage: Irénée du Pont
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