Michael Sobell (1892-1993)

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Sir Michael Sobell (November 1, 1892 – September 1, 1993) born in Boryslav, Galicia, into a Jewish family; the only son of Lewis Sobell and his wife, Esther. He was a British businessman, a major philanthropist, and a prominent owner/breeder of thoroughbred racehorses.His family owned factories in the Austro-Hungarian empire and oil interests at Limburg in Germany, but his parents moved to England about 1899 to escape antisemitism. The family settled in Dalston, east London, where Lewis Sobell set up as a confectioner. From 1903 Michael Sobell attended the Central Foundation Boys' School on Cowper Street in Finsbury. At the age of sixteen, with money provided by his father, he set up as an importer of fancy leather accessories. He and his father subsequently worked as leather goods manufacturers.Sobell made a fortune as a pioneer in electronics through his Radio & Allied Industries Ltd., a manufacturer of radio receivers that grew to become one of Britain's largest and most successful manufacturers of television sets. His daughter Netta married Arnold Weinstock who joined the company in 1954. In 1961, Sobell's company merged with The General Electric Company plc (GEC) making the family GEC's largest shareholder.

Source: dbpedia

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