Auslandsreisen http://www.reichskolonialamt.de/sonstiges/auslandsreisen/auslandsreisen.htm
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By JOHN LEATHER from CB211
During the summer of 1895 it was obvious that the eight-year-old Meteor was well outclassed by the new-style large racers Britannia, Satanita and Ailsa, just as she had been by Valkyrie II, sunk the year before. A new large-class racer was needed but would probably cost £20,000 or more. The German royal yachts were almost totally paid for with government money, which was often difficult to vote through parliament. However, somehow it was managed and, after negotiations, an order was placed with GL Watson & Co to design the fastest possible large racing cutter capable of beating her English opponents.
The result was Meteor II, 128ft (39m) LOA, one of the finest cutters ever built. Her plain sail area was 12,000sqft (1,115m2), 2,000sqft (186m2) more than Britannia, which was perceived as perhaps her principal opponent, though the newer Ailsa ran her close and on a reach she had Satanita to reckon with.
Meteor II was built under an open-sided, roofed berth in the shipyard of D & W Henderson at Partick, Glasgow, the firm that had built Britannia, Valkyrie II and III and many other large sailing yachts, without fuss and as speedily as they constructed many steel merchant ships.
Captain Gomes again had his Gosport and Portsmouth men, with others from elsewhere in the Solent and a few from Essex, making up her 35 total. Also on board was Kapitan-Lieutenant Arenhold of the Imperial German Navy, seconded by order of the Kaiser via the Imperial Yacht Club to learn as much as possible of large yacht racing Ð as had Lieutenant Begas the previous season. Captain Gomes coached Arenhold in steering a big racer, under supervision and to take decisions while racing. He was an apt pupil who would continue his connections with the Kaiser’s racers in the future, as would Lieutenant Begas.
A beat up-Channel
The new Meteor II sailed from Gourock on a Saturday afternoon under trysail, foresail and jib, bound south, arriving at Plymouth Sound three days later to await a favourable slant to go up-Channel for the opening matches on the Thames. She was to be towed up-Channel by the tug Belle but the strong east wind and rough sea decided Captain Gomes to get sail on her and she beat all the way to Cowes, where Lord Lonsdale, a friend of the Kaiser, joined her as owner’s representative.
She first raced at the Royal London Yacht Club Thames matches, opening the 1896 racing season around the coast. Meteor II, Britannia, Ailsa, Satanita and the smaller cutter Hester started from the Lower Hope reach of the lower Thames to race out around the Mouse light vessel in the Thames estuary and back to finish at Gravesend, a very old established course. Captain Gomes got Meteor II away to a good start in light wind but Britannia got the first of the sea breeze and took the lead for a time. After a duel Meteor II gained the weather berth and led out to the Mouse and back upriver to finish at Gravesend more than 13 minutes ahead of Britannia.
As the mighty Meteor II approached the line, hundreds of spectators on shore and afloat watched in absolute silence as the finishing gun banged and Meteor II’s foresail came down. The German yacht had won and the crowd was not pleased. Shortly after, Britannia crossed in second place to roars of cheering, almost drowning the blasts of steam whistles and sirens of steamships and steam yachts, as though she were the winner. Captain Gomes, his crew and Lord Lonsdale were upset by this misplaced display for, though Meteor II carried her owner’s Prussian eagle racing colours, she was designed, built, manned and raced by Britons. Members of Britannia’s crew that day told me years later that they could not understand their reception as second boat, nor that of the winner.
Meteor II won the Nore-to-Dover race a few days later, beating Britannia by 9 minutes 5 seconds, such was the closeness of their rivalry. Racing at Southampton in June, Meteor II beat Britannia by 25 minutes without calling on time allowance. Her large sail area and 18ft (5.5m) draught contributed much to performance, with Captain Gomes and crew sailing her to perfection. As the season progressed her dominance grew, with pleasing telegrams reaching the Kaiser. She was undoubtedly the best racing cutter then built.
A large racing yacht, such as Meteor II, needed a crew of around 35 to race her successfully. They had to live on board throughout the yachting season, from May until early September, and the fo’c’s’le of the yacht could not berth all of them in the canvas-bottomed, iron-framed ‘cots’, which were slung up against the sides when not lowered for sleeping. So a small number of the hands had to be accommodated elsewhere on board. The saloon and the owner’s and guests’ cabins could not be used so these men were often given makeshift berthing aft, in the counter, which was intended to store light-weather sails and stores such as spare ropes, paints, etc.
To ease congestion on board when the owner and his party were not sailing in the yacht, spare sails were often temporarily stowed in the saloon where clean canvas sheets were used to cover the floor, settees and other furniture and to keep the sails clean. This freed the counter space for limited dormitory use.
In mid June Meteor II left Gosport in tow of a German destroyer, bound for Kiel, where she raced with no comparable opposition but enjoyed sailing against a mixed bag of German yachts. These included the old Meteor, renamed Comet; the ex-British 40 Rating class Lais; Varuna, owned by Prince George, and another named Mucke, while Prince Henry was on board his ex-British fast cruiser L’Esperance sailed by Captain George Hoskins of Southampton, bought from the Earl of Dunraven. She is now a houseboat at West Mersea, Essex.
German crews
The Kiel races also gave further opportunity for Captain Gomes and his English mates and hands to improve the racing capabilities of the German sailors he had to have in his crew, by the Kaiser’s order.
The men who appeared best suited to serving as hands on board the nascent German yachting fleet were from the waterside villages and small towns of the Kiel area, particularly from Eckernfšrde. They were usually engaged for the months of May, June, July and August. They were fishermen and coasting sailors accustomed to sailing small cutter and sprit-rigged fishing craft and cargo carrying sloops and ketches working in local waters and the wider Baltic Sea.
These were good and obedient sailors but Captain Gomes and the mate had to work hard to get them to act quickly when racing. This was a major part of their training, as was teaching them to follow all the manoeuvres during a race, observing what the captain and mate did and ordered in the varying circumstances, so they, like the experienced English hands, could anticipate and be ready for the orders when they came, speeding sail handling and gaining precious seconds in a race. The Germans seemed to get on well with the English sailors, all sharing the cramped orderliness of a racing yacht’s fo’c’s’le and each learning a little of the others’ language Ð the language barrier was one of the problems on deck while racing until the German ‘Matrosen’ had a reasonable knowledge of basic English.
By early July Meteor II was docked at Glasgow and then raced at the Royal Largs Yacht Club regatta over a 48-mile course in a light wind, which freshened to give splendid duel between the two royal cutters, with their two captains equally matched. Britannia won by 32 seconds but Meteor II beat her for the Queen’s Cup at the Royal Northern Yacht Club a few days later.
At Campbeltown regatta Meteor II raced against Britannia, Satanita, Ailsa and the 40 Rater Caress. In perfect weather the yachts fetched every mark without tacking and in the quickest race ever sailed on the Clyde, Meteor II beat Satanita by 51 seconds, to win. On the way south to Cowes Week the big class raced at the Royal St George Yacht Club at Kingstown, Ireland, where Meteor II won again, twice. By then she had raced 14 times that season, won 10 and was second in three, winning £705 in prize money, a silver medal and a Queen’s Cup, with the south coast racing yet to come.
The straining of her bowsprit prevented Meteor II from starting on the first day of Cowes Week and in the Royal Yacht Squadron racing next day she broke her bowsprit, topmast and topsail yard, and retired. She won at the Royal Victoria Yacht Club regatta off Ryde a few days later and the Emperor’s cutter, her captain and crew seemed on top of the yachting world as they prepared to race in the big class of the Royal Albert Yacht Club regatta at Spithead Ð but their fortunes were about to be shattered.
Meteor II, Ailsa, Satanita and Britannia sailed a course taking them eastward to round the NAB light vessel while the 52ft Linear Rating class course was round the Warner. The course of both classes had to round the committee mark boat anchored near the Spit Fort, off Southsea. About noon the leaders of the two classes of yachts were, by chance, approaching the committee boat with the breeze over their starboard sides, on a broad reach. Britannia was leading with Meteor II astern and closing.
To weather and abreast of Britannia’s bow, the Herreshoff-built, German 52ft Rating class cutter Isolde had the British 52-footer The Saint between her and the stern of Britannia and the American 52-footer Niagra, sailed by John Barr, astern of her. Britannia, sailed by Captain John Carter, was moving at about 10-11 knots; Meteor II, slightly faster, with Captain Gomes at her tiller lines, was closing astern of Britannia. Isolde was sailed by her captain, William Miles of Woolston, and her owner, young Baron von Zedtwitz, was at his side.
Slewed round, out of control
As these yachts moved rapidly towards the anchored committee mark boat, all in normal racing trim and positions, The Saint luffed out on to the weather quarter of Isolde to take her wind but could not quite clear Isolde’s boom and, catching it with her rigging, suddenly slewed Isolde round to port, bow towards Britannia and out of control. Captain Miles instantly struggled to turn Isolde back on course to avoid striking Britannia but saw the bow of Meteor II rushing at him 6ft away as she had luffed out on to Britannia’s weather quarter Ð all normal racing manoeuvres.
Isolde’s bow hit Britannia at the time Meteor II’s bowsprit tore through her mainsail. The impacts sent Isolde’s mast, boom, gaff, topsail yards, sails and rigging crashing down on the weather side of her deck. Her hands and the Baron ran forward but Captain Miles could not because of gear falling around him. He jumped overboard to avoid injury just as the 52-footer Penitent surged past with yacht designer Arthur Payne at her tiller, who threw him a lifebelt.
Meanwhile, the Baron had run aft from the foredeck to clear wreckage but the hands shouted and he started to return, getting struck on the head by a spar. Captain Miles scrambled back on board as two hands were trying to drag the Baron from the wreckage. The captain got him out, apparently unconscious. Meteor II had Isolde fast under her lee bow. Britannia had surged on but, with The Saint, rounded up and lay-to.
All this had happened in seconds. On board Meteor II Captain Gomes had carefully planned the luff out on Britannia’s weather side, expecting to pass clear between her and The Saint and Isolde.
This would have happened had not Isolde been fouled and so suddenly slewed round across his course. He had no time to alter course and, had he borne away slightly and run into Britannia in an attempt to ease the blow on Isolde, more would probably have been killed.
As Britannia drew clear John Carter ordered the dinghy overboard with the mate and four hands to help Isolde. As the 52-footers and Ailsa and Satanita came up, they abandoned the race and boats were lowered from nearby yachts. Dr W Dawson on board the steam yacht White Lady went to attend the Baron, but found he was dead from internal injuries.
The committee naturally cancelled the rest of the day’s racing and that to follow. All flags afloat and ashore were at half-mast and a sense of shock and deep sadness prevailed. On board Britannia Captain Carter was angry that Robert Gomes should have tried to pass on his weather in the circumstances but Captain Gomes rightly regarded his actions as blameless; he had been powerless to prevent the totally unexpected collision. This view was later confirmed by inquiry and inquest.
This sad accident led to immediate withdrawal of Meteor II and Britannia from the remainder of the season’s races. Captain Gomes was ordered to sail Meteor II to the Clyde for repairs and laying-up, and Britannia went into Southampton for repairs. With the crew paid off, Captain Gomes returned home to Gosport to await inevitable further questioning by the Kaiser’s yachting advisers, for the Baron was not only a diplomat but also a well-liked friend of the Kaiser and his court.
As both Meteor II and Isolde were registered at the port of Kiel, an inquiry was later also held at Flensburg by the Local Marine Board. They heard detailed evidence on the part The Saint had played in the accident by fouling Isolde’s boom when luffing Ð the cause of Isolde suddenly slewing into the course of Meteor II.
The board found that no blame could be attached to Meteor II, which would otherwise have had sufficient clear water to pass between Britannia and Isolde, as intended.
However, Captain Gomes faced a future in which he might not again be in charge of a first-class racing yacht, which would be a great loss to the sport for he was a brilliant helmsman and tactician, besides being an able commander of his mixed crews and a mentor to the young German yacht sailors in training on board.
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By: History.com Editors
Updated: July 18, 2024 | Original: April 14, 2010
Wilhelm II (1859-1941), the German kaiser (emperor) and king of Prussia from 1888 to 1918, was one of the most recognizable public figures of World War I (1914-18). He gained a reputation as a swaggering militarist through his speeches and ill-advised newspaper interviews. While Wilhelm did not actively seek war, and tried to hold back his generals from mobilizing the German army in the summer of 1914, his verbal outbursts and his open enjoyment of the title of Supreme War Lord helped bolster the case of those who blamed him for the conflict. His role in the conduct of the war as well as his responsibility for its outbreak is still controversial.
Some historians maintain that Wilhelm was controlled by his generals, while others argue that he retained considerable political power. In late 1918, he was forced to abdicate. He spent the rest of his life in exile in the Netherlands, where he died at age 82.
Kaiser Wilhelm II was born in Potsdam, Germany, on January 27, 1859, the son of Prince Frederick Wilhelm of Prussia (1831-88) and Princess Victoria (1840-1901), the oldest daughter of Queen Victoria (1819-1901). The future monarch was the queen’s firstborn grandchild and was genuinely fond of her; in fact, he was holding her in his arms when she died. His ties to Britain through its royal family would play an important part in his later political maneuvering.
Did you know? Kaiser Wilhelm II was reportedly amused when he heard his cousin King George V (1865-1936) had changed the name of the British royal family from Saxe-Coburg-Gotha to Windsor in 1917 as a result of anti-German sentiment in Britain during World War I.
Wilhelm’s childhood was shaped by two events, one medical and one political. His birth had been traumatic; in the course of a complicated delivery, the doctor permanently damaged Wilhelm’s left arm. In addition to its smaller size, the arm was useless for such ordinary tasks as cutting certain foods with a knife at mealtime.
The political event that shaped Wilhelm was the formation of the German Empire under the leadership of Prussia in 1871. Wilhelm was now second in line after his father to become an emperor as well as king of Prussia. Twelve years old at the time, Wilhelm was filled with nationalistic enthusiasm. His later determination to win a “place in the sun” for Germany had its roots in his childhood.
An intelligent young man who possessed a lifelong interest in science and technology, Wilhelm was educated at the University of Bonn. His quick mind, however, was combined with an even quicker temper and an impulsive, high-strung personality. He had dysfunctional relationships with both parents, particularly his English mother. Historians still debate the effects of the kaiser’s complicated psychological makeup on his political decisions.
In 1881, Wilhelm married Princess Augusta Victoria (1858-1921) of Schleswig-Holstein. The couple would go on to have seven children.
Imperialism, nationalistic pride and mutual alliances all played a part in building tensions that would erupt into war.
Under the Treaty of Versailles, the German emperor was supposed to be tried as a war criminal. Why wasn't he?
For centuries—and especially since World War II—countries have attempted to define the rules of war and determine punishment for violators.
Wilhelm’s father became Kaiser Frederick III of Germany in March 1888. Already ill with terminal throat cancer, he died after a reign of only several months. Wilhelm succeeded his father on June 15, 1888, at the age of 29. Within two years of his coronation, Wilhelm broke with Otto von Bismarck (1815-98), the “Iron Chancellor” who had dominated German politics since the 1860s. The kaiser embarked on his so-called New Course, a period of personal rule in which he appointed chancellors who were upper-level civil servants rather than statesmen. Bismarck bitterly predicted that Wilhelm would lead Germany to ruin.
Wilhelm damaged his political position in a number of ways. He meddled in German foreign policy on the basis of his emotions, resulting in incoherence and inconsistency in German relations with other nations. He also made a number of public blunders, the worst of which was The Daily Telegraph affair of 1908. Wilhelm gave an interview to the London-based newspaper in which he offended the British by saying such things as: “You English are mad, mad, mad as March hares.” The kaiser had already been hurt politically in 1907 by the Eulenburg-Harden affair, in which members of his circle of friends were accused of being homosexuals. Although there is no evidence that Wilhelm was gay–in addition to his seven children with his first wife, he was rumored to have several illegitimate offspring–the scandal was used by his political opponents to weaken his influence.
Wilhelm’s most important contribution to Germany’s prewar military expansion was his commitment to creating a navy to rival Britain’s. His childhood visits to his British cousins had given him a love for the sea–sailing was one of his favorite recreations–and his envy of the power of the British navy convinced him that Germany must build a large fleet of its own in order to fulfill its destiny. The kaiser supported the plans of Alfred von Tirpitz (1849-1930), his chief admiral, who maintained that Germany could gain diplomatic power over Britain by stationing a fleet of warships in the North Sea. By 1914, however, the naval buildup had caused severe financial problems for Wilhelm’s government.
Wilhelm’s behavior during the crisis that led to war in August 1914 is still controversial. There is little doubt that he had been broken psychologically by the criticism that followed the Eulenburg-Harden and Daily Telegraph scandals; he suffered an episode of depression in 1908. In addition, the kaiser was out of touch with the realities of international politics in 1914; he thought that his blood relationships to other European monarchs were sufficient to manage the crisis that followed the June 1914 assassination of the Austrian archduke Franz Ferdinand (1863-1914) in Sarajevo, Bosnia. Although Wilhelm signed the order for German mobilization following pressure from his generals–Germany declared war against Russia and France during the first week of August 1914– he is reported to have said, “You will regret this, gentlemen.”
With World War I under way, the kaiser, as commander in chief of the German armed forces, retained the power to make upper-level changes in military command. Nonetheless, he was largely a shadow monarch during the war, useful to his generals as a public-relations figure who toured the front lines and handed out medals. After 1916, Germany was, in effect, a military dictatorship dominated by two generals, Paul von Hindenburg (1847-1934) and Erich Ludendorff (1865-1937).
In late 1918, popular unrest in Germany (which had suffered greatly during the war) combined with a naval mutiny convinced civilian political leaders that the kaiser had to abdicate to preserve order. In fact, Wilhelm’s abdication was announced on November 9, 1918, before he had actually consented to it. He agreed to leave when the leaders of the army told him he had lost their support as well. On November 10, the former emperor took a train across the border into the Netherlands, which had remained neutral throughout the war. He eventually bought a manor house in the town of Doorn, and remained there for the remainder of his life.
Although the Allies wanted to punish Wilhelm as a war criminal, Queen Wilhelmina of the Netherlands (1880-1962) refused to extradite him. His last years were darkened by the death of his first wife and the suicide of his youngest son in 1920. He did, however, make a happy second marriage in 1922. His new wife, Hermine Reuss (1887-1947), actively petitioned German leader Adolf Hitler (1889-1945) in the early 1930s to restore the monarchy, but nothing ever came of her negotiations. Hitler despised the man he held responsible for Germany’s defeat in World War I, and Wilhelm was shocked by the Nazis’ thuggish tactics. In 1938, Wilhelm remarked that for the first time he was ashamed to be a German. After two decades in exile, he died in the Netherlands on June 4, 1941, at the age of 82.
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Length. 120 m (393 ft 8 in) Beam. 14 m (45 ft 11 in) Propulsion. Triple-expansion steam engine. Notes. The ship became property of the Weimar Republic. SMY Hohenzollern (German: Seiner Majestät Yacht Hohenzollern) was the name of several yachts used by the German Emperors between 1878 and 1918, named after their House of Hohenzollern.
Meteor were the names of five German royal racing sailing yachts owned by Wilhelm II, German Emperor. Wilhelm II (in English: William II) governed the German Empire from 1888 to 1918 and was also the King of Prussia and belonged to the House of Hohenzollern. His grandmother was Queen Victoria of the United Kingdom of Great Britain and Ireland.
Wilhelm II [b] (Friedrich Wilhelm Viktor Albert; 27 January 1859 - 4 June 1941) was the last German Emperor and King of Prussia from 1888 until his abdication in 1918, which marked the end of the German Empire as well as the Hohenzollern dynasty's 300-year rule of Prussia.. Born during the reign of his granduncle Frederick William IV of Prussia, Wilhelm was the son of Prince Frederick ...
SMY Hohenzollern (de:Seiner Majestät Yacht Hohenzollern) was the name of several Yachts used by Wilhelm I., Deutscher Kaiser and Wilhelm II., Deutscher Kaiser between 1878 and 1918, named after their House of Hohenzollern ... The second SMY Hohenzollern in use as Imperial Yacht from 1893 to July 1914. Hohenzollern II, leaving Venice. c. 1900 ...
Wilhelm II, German Emperor (1859-1941) acceded to the Prusso-German throne on 15 June 1888. ... Instead of sailing into the Arctic Circle as usual, the imperial yacht Hohenzollern anchored just north of Bergen, from where it could return to Germany within a day or two to allow the Kaiser to sign the mobilisation order.
SMY Hohenzollern, das zweite Schiff mit dieser Bezeichnung, diente von 1893 bis 1918 dem deutschen Kaiser Wilhelm II. als Staatsyacht für repräsentative Zwec...
Meteor were the names of five German royal racing sailing yachts owned by Wilhelm II, German Emperor. Wilhelm II (in English: William II) governed the German Empire from 1888 to 1918 and was also the King of Prussia and belonged to the House of Hohenzollern. ... she lost 0-2 against Volunteer from the New York Yacht Club. However, she was very ...
23 Sep 1898. The last Kaiser of Germany, Wilhelm II, aka William the Furious - a person is equally extraordinary and contradictory. The heir to the Prussian military traditions, because, perhaps, of English roots on my mother's side - the eldest daughter of Queen Victoria, was distinguished by a passion for the sea, sea travel and ...
Also named Hohenzollern, the new yacht was put into service in 1893. Until World War I, the ship had sailed over 1600 days under the imperial flag, making various voyages with the Emperor Wilhelm II on board. On all voyages, the ship was always escorted by a warship, in most cases, this was either a small or an armored cruiser. During the War ...
OP • 3 yr. ago. The Hohenzollern II was the second Imperial Yacht of the German Empire, replacing the SMY Hohenzollern I - which was renamed Kaiseradler after the introduction of HII. She was designed for long voyages, and was often the place that HM Wilhelm II would be seen given his love for the ocean. From 1894 to 1914, Wilhelm would use ...
RM C464PW - Emperor Wilhelm II on his yacht 'Hohenzollern', 1913. RM 2M3T4JK - Wilhelm II (1859 - 1941), last German Emperor (German: Kaiser) and King of Prussia, reigning from 15 June 1888 until his abdication on 9 November 1918. Photograph showing Wilhelm II (Kaiser) on board the 'Hohenzollern' as a guest to Britain at the annual Cowes ...
SS Kaiser Wilhelm II was a Norddeutscher Lloyd (NDL) Kaiser-class ocean liner.She was launched in 1902 in Stettin, Germany.In the First World War she was laid up in New York from 1914 until 1917, when the US Government seized her and renamed her USS Agamemnon.In 1919 she was decommissioned from the Navy and laid up. In 1927 she was transferred to the United States Army, who renamed her USAT ...
The New Yorker, June 22, 1946 P. 66. WHERE ARE THEY NOW? about Kaiser' Wilhelm's yacht, Meteor III, & its successive owners, 12 in number. In 1901, the Kaiser ordered the schooner yacht to be ...
The film shows a long dock in what appears to be a shipyard. Approaching the camera position are people in formal attire, both military and civilian, followed by men in formation dressed in German naval enlisted personnel uniforms. The next scene shows the launching platform; the dignitaries attending the ceremonies can be seen over the heads of the spectators. Among the dignitaries are Prince ...
the Queen's Cup at the Squadron Regatta. He raced this vessel until 1895, one of her last races being a private match with Mr. Jameson's cutter Iverna, at a time when both vessels were outclassed by new yachts such as Britannia, Valkyrie, Satanita, etc. In the autumn of the last-named year an order was placed for a new yacht, and Meteor II.
Media in category "Hohenzollern (ship, 1892)" The following 74 files are in this category, out of 74 total. Germany 1890 - 1914 HU68382.jpg 800 × 574; 174 KB. SMY Hohenzollern 2.jpg 1,666 × 1,091; 384 KB. Flickr - …trialsanderrors - The Royal Yacht Hohenzollern in Venice, Italy, ca. 1896.jpg 3,545 × 2,611; 2.77 MB.
March 22, 2011. By JOHN LEATHER from CB211. During the summer of 1895 it was obvious that the eight-year-old Meteor was well outclassed by the new-style large racers Britannia, Satanita and Ailsa, just as she had been by Valkyrie II, sunk the year before. A new large-class racer was needed but would probably cost £20,000 or more.
Souvenir Plate Commemorating the Launching of the Kaiser's Yacht Meteor (Item WILHELM 9-1). DESCRIPTION: The Kaiser of Prussia and Emperor of Germany, Wilhelm Hohenzollern II, had two yachts built for himself, Meteor and Germania.The Kaiser played an important part in the creation of prestigious yacht clubs and the launching of international regattas.
Wilhelm II (1859‑1941) was the last German kaiser (emperor) and king of Prussia from 1888 to 1918, and one of the most recognizable public figures of World War I (1914‑18). He gained a ...
With annual sales exceeding $700 million and a workforce of over 1,800, Dermapharm is a major player in the pharmaceutical industry. Wilhelm Beier's net worth is estimated at $3 billion, underlining his successful career in the pharmaceutical industry. He was owner of the Metis Yacht, now named Artisan.