Waldorf-Astoria-Zigarettenfabrik
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The Waldorf-Astoria-Zigarettenfabrik (English:Waldorf-Astoria Cigarette Factory) was a German
Johann Jakob Astor, born in 1763 in Walldorf (in present-day Baden-Wurttemberg), who after emigrating to the United States
became the richest man in said country.
The company proved successful; it employed around 1,000 people in 1919. However, it experienced difficulties in the second half of the 1920s due to outdated production-methods and the global economic situation, and a competing trust took over a large portion of the shares. In 1929, the company was liquidated. The Waldorf-Astoria tobacco brand, with the portrait of John Jacob Astor, was taken over by a different company and is owned as of 2018[update] by Reemtsma.
Waldorf-Astoria became famous for giving its name to
Waldorf school in cooperation with Rudolf Steiner
. It was a school in Stuttgart for the children of the Waldorf-Astoria employees, and based upon Steiner's ideas.
References
- ^ Schmelzer, Albert. How the Waldorf movement began. https://www.freunde-waldorf.de/en/the-friends/publications/catalogue-waldorf-education/how-the-waldorf-movement-began/
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