In 1926, Loewenstein established "International Holdings and Investments Limited", which raised huge amounts of capital from wealthy investors wishing to get aboard his bandwagon of success. The British government made Loewenstein a Companion of The Most Honourable Order of the Bath. By the mid-1920s, Loewenstein's reputation was such that he was consulted by heads of state from around the globe. Loewenstein made an enormous fortune providing electric power facilities for developing countries worldwide through his Belgian-based company, Société Internationale d'Énergie Hydro-Électrique (SIDRO). Internationale d'Énergie Hydro-Électrique, issued 6. His horses won the 19 runnings of the Grand Steeple-Chase de Paris. Loewenstein was an owner of a successful stable of thoroughbred steeplechase race horses. He partnered with the investment house of Canadian-born Sir James Dunn in several business ventures, the duo emerging with more than £1,000,000 profit from their 1920s investment in British Celanese alone. At war's end, he maintained a residence in England where he ran an investment business that made him one of Europe's most powerful financiers. Loewenstein offered his government in exile US$50 million, interest-free, to stabilize the Belgian currency in return for the right to print Belgian francs. Alfred established his own banking concern, and was a wealthy man by 1914. ![]() ![]()
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