Word: ivar
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...first step came in 1903, when an Englishman named Fred Lowenadler guided the merger of six factories into the Jonkopings och Vulcans Tandstickfabriks-aktiebolag. Ten years went by before the remaining import companies were led by Ivar Kreuger into the Aktiebolaget Forenade Svenska Tandstickfabriker. These two combines functioned independently until 1917, when they agreed on a cost-saving and letter-saving merger. They became, briefly, the Svenska Tandsticksaktiebolaget. Translated literally, they became the Swedish Match...
...Sweden is far different from that tale in U. S. statistics, made public last week. In Stockholm, only 150 taxpayers had incomes of more than $50,000. The largest individual income reported was that of A. M. Versteegh, factory owner-$402,354. M. L. Wallenberg, international banker, and Ivar Kreuger, Match Trust head, came second and third...