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Friedrich Bayer

Born: 6-Jun-1825
Birthplace: Wuppertal, Germany
Died: 6-May-1880
Location of death: Würzburg, Germany
Cause of death: unspecified
Remains: Buried, Evangelists' Cemetery, Leverkusen, Germany

Gender: Male
Religion: Lutheran
Race or Ethnicity: White
Occupation: Business

Nationality: Germany
Executive summary: Founder of Bayer AG

Friedrich Bayer's father was a weaver and textile worker, and young Friedrich apprenticed in that line of work before going into business for himself as a paint and dye salesman in 1845. With his friend and business partner Friedrich Weskott, Bayer opened his first paint factory in 1863, incorporating as Friedrich Bayer & Company. The business had modest success marketing a new synthetic magenta dye, and when Bayer died in 1880 he left a small but relatively successful family business.

Though Bayer himself had no known interest in pharmaceuticals, his business (now known as Bayer AG) developed into a giant drug-making conglomerate after Felix Hoffmann, a Bayer chemist trying to ease his father's arthritis pain, invented Aspirin in the company's labs in 1897. Bayer's son, Karl Bayer, was also a chemist, and invented what is still called "the Bayer process" for purification of bauxite (aluminum ore), which helped make aluminum affordable for industrial use.

Father: (silkworker)
Wife: Erna Bayer (two sons)
Son: Karl Bayer (chemist, b. 4-Mar-1847, d. 4-Oct-1904)
Son: Friedrich Bayer Jr (Bayer executive, b. 13-Oct-1851, d. 21-Jun-1920)

    Bayer AG Founder & CEO (1863-80)


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