An exerpt from "LIFE WORLD LIBRARY" - GERMANY by Terence Prittie:
"Before the war, the industrial scene was dominated by the great families of the Ruhr(river): the Thyssens, Haniels, Poensgons, and Krupps. It was a group from this industrial elite that supported Hitler and helped finance the Nazi party in 1933 when it was threatened with bankruptcy. The real support began in January of that year when the Cologne banker, Kurt von Schroder, presided at a meeting of some of the richest industrialists in Germany, at which the decision was made to back Hitler financially. Later a group of magnates, including Gustav Krupp, met with Hitler and Goering and pledged their support - backed by a contribution of 3 million Marks. With the defeat in 1945, some of the great tycoons lost their power. But others, like the Krupps, Thyssens and Flicks were successful in re-establishing themselves. The Krupp mansion is in Essen, West Germany. Once an arms maker, Krupp now concentrates on steel manufacturing. The company Chief is Alfred Krupp. His great grandfather, Alfred Krupp, produced munitions for the 1870 war with France."