Ludvig Nobel

Ludvig Immanuel Nobel was a Swedish-Russian engineer, a noted businessman and a humanitarian. One of the most prominent members of the Nobel family, he was the son of Immanuel Nobel and Andriette Nobel, and the older brother of Alfred Nobel. With his brother Robert, he operated Branobel, an oil company in Baku, Azerbaijan which at one point produced 50% of the world's oil. He is credited with creating the Russian oil industry. Ludvig Nobel built the largest fortune of any of the Nobel brothers and was one of the world's richest men. Following the Bolshevik revolution, the communists confiscated the Nobel family's vast fortune in Russia.