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What did Kreuger own that was not directly related to his main business?

  • A sports team

  • A newspaper

  • Real estate

  • A hospital

Answer

Real estate was one of Krueger's non-core assets. His main business was the production and sale of matches, but he also invested heavily in real estate, acquiring properties across Europe and the United States. This diversification strategy was intended to reduce risk and generate additional income, but it ultimately contributed to his financial downfall as the real estate market crashed during the Great Depression.
Mastermind or Mogul: The Intriguing Tale of Ivar Kreuger

Mastermind or Mogul: The Intriguing Tale of Ivar Kreuger

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