1910, Sarkad) which made him one of the wealthiest persons in Austria-Hungary. He founded in 1902 with Ferenc Chorin the National Alliance of Industrialists (Gyáriparosok Országos Szövetsége (GYOSZ)) and was the first vice president of the association. According to Forbes he was the 4th richest person in Hungary on the turn of the 19th century with a net worth of 25–30 million Hungarian pengő.
1910, Sarkad) which elevated him to one of the wealthiest individuals in Austria-Hungary. He co-founded in 1902 with Ferenc Chorin the National Alliance of Industrialists (Gyáriparosok Országos Szövetsége (GYOSZ)) and served as its first vice president. According to Forbes, he was the 4th wealthiest person in Hungary at the turn of the 19th century with a net worth of 25–30 million Hungarian pengő.