George Albu

Mining magnate and financier
George Albu was a South African mining magnate and financier. He was born and educated in Berlin. In 1876 he joined his brother Leopold as a diamond broker in South Africa and became prominent in Kimberley and later on in the Johannesburg goldfields. He opposed Paul Kruger’s restrictive policies but denounced the Jameson Raid of 1895, aimed at the overthrow of the administration. His company, which was formed in 1887 and reorganized as the General Mining and Finance Corporation in 1895, controlled some of the largest gold-producing properties on the Rand.