Later Years
Although Hugenberg had lost the Telegraph Union early on he was allowed to retain most of his media interests until 1943 when the Nazi controlled Eher Verlag took control of his Scherl House. Hugenberg did not let them go cheaply however as he negotiated a large portfolio of shares in the Rhenish-Westphalian industries in return for his co-operation.
Hugenberg was initially detained after the war but in 1949 a Denazification court at Detmold adjudged him a "fellow traveller" rather than a Nazi, meaning that he was allowed to keep his property and business interests. He died on 12 March 1951 in Kükenbruch (present-day Extertal) near Detmold.
Read more about this topic: Alfred Hugenberg
Famous quotes containing the word years:
“Competition is. In every business, no matter how small or how large, someone is just around the corner forever trying to steal your ideas and build his success out of your imagination, struggling after that which you have toiled endless years to secure, striving to outdo you in each and every way. If such a competitor would work as hard to originate as he does to copy, he would much more quickly gain success.”
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