Overview
Sir Albert Abdullah David Sassoon, 1st Baronet, (25 July 181824 October 1896) was a Baghdad-born businessman and philanthropist.
Biography
Life and career
Sassoon was born on 25 July 1818 in Baghdad, Ottoman Empire, into the Sassoon family of Baghdadi Jews. His father was David Sassoon (1792–1864). He was educated in British India. After his father's death, he served as head of his family's merchant company 'David Sassoon & Sons' (later 'David Sassoon & Co.'). Sassoon's ancestry family tree goes back to Sason town in Southeastern Anatolia Region
In 1874, under Albert Sassoon's leadership, David Sassoon & Sons established in Bombay (now Mumbai) a new subsidiary, the 'Sassoon Spinning and Weaving Company', which opened several cotton mills there. In 1875 the company built the Sassoon Docks, the first wet docks in Bombay. The company was also instrumental in the founding of the Imperial Bank of Persia in 1889.
From Wikipedia (CC BY-SA 4.0).