Gerard Leonard Frederik Philips (9 October 1858 – 26 January 1942) was a Dutch industrialist and co-founder, with his father Frederik Philips, of Philips as a family business in 1891. In 1912, Gerard and his younger brother Anton Philips converted the business to a corporation by founding NV Philips' Gloeilampenfabrieken.
Career and family
Born to a Jewish Dutch family, his father Benjamin Frederik David Philips was a first cousin to Karl Marx (Gerard's paternal grandmother Sophie Pressburg was a sister of Henriette Pressburg, the mother of Karl Marx).[1] His mother was Maria Heyligers. His grandfather was tobacco merchant Lion Philips.
Gerard Philips became interested in electronics and engineering. His father Frederik financed Gerard's purchase of the old factory building in Eindhoven where he established the first factory in 1891. With his brother he came up with a plan: cost effective, reliable incandescent light bulbs.[2] They initially operated the Philips Company as a family business, with Gerard's younger brother Anton and Anton's son Frits Philips and son-in-law Frans Otten