Others say he took his own life, because his corrupt business practices were about to be exposed and his empire was on the verge of collapse. Over the years a number of theories have emerged over the cause of the businessman's untimely end, with some speculating he was thrown out by his valet at the behest of his wife, who wanted to get her hands on his fortune. Some ten minutes later, concerned crew members sent Loewenstein's valet to check on him but he had 'vanished into thin air' in what became one of strangest fatalities in the history of commercial aviation. The Brussels-born tycoon made his fortune providing electrical power facilities for developing countries through his company, Société Internationale d'Énergie Hydro-Électrique (SIDRO).īut disaster struck on July 4, 1928, while the 51-year-old was flying in his private aircraft over the English Channel, from Croydon to Belgium.Īs the plane headed out over the Channel, the businessman went to the toilet compartment at the rear. The Pinfold, situated in the civil parish of Thorpe Satchville in Leicestershire, was the family seat of the financier Alfred Loewenstein, dubbed the 'Belgian Robert Maxwell' of his generation, who at the time of his death in 1928 was the third richest person in the world.
A sprawling mansion once owned by a 1920's tycoon who suffered a mysterious death when he plunged from his own aircraft and drowned, has gone on the market for £1million.
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