Frank C. Petschek
Frank Conrad Petschek (born Franz Konrad Petschek; December 23, 1894 – June 25, 1963) was a German Bohemian businessman. He was a leading member of the Petschek business dynasty plundered under the Nazis. Early life Frank Petschek was born on December 23, 1894 in Ústí nad Labem, Austria-Hungary. He came from an assimilated Jewish home, the sixth of seven children of the industrialist Ignaz Petschek and his wife Helene, née Bloch. The Petschek family was one of the most influential industrialists in Austria-Hungary. Together with his brothers Isidor and Julius, Ignaz Petschek controlled almost 50% of the lignite mining industry in Europe. They also owned numerous shares in banks and in the paper, glass and chemical industries. At the beginning of the 20th century, Ignaz Petschek parted company with his brothers and acquired considerable shareholdings, especially in the central and eastern German lignite industry, which gave him a dominant position there. Ignaz Petschek's family lived in Ústí nad Labem, but at times also permanently in Berlin. Besides German, Frank Petschek learned English and French. After the dissolution of Austria-Hungary, Ústí nad Labem was assigned to the newly founded Czechoslovakia in 1918. Businesses and positions From the beginning of the 1920s