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Robert Maxwell Politician

Ian Robert Maxwell, MC (10 June 1923 – 5 November 1991) was a Czechoslovakian-born British media proprietor and Member of Parliament (MP). He rose from poverty to build an extensive publishing empire. His death revealed huge discrepancies in his companies' finances, including the Mirror Group pension fund, which Maxwell had fraudulently misappropriated.He escaped from Nazi occupation, joining the Czechoslovak Army in exile in World War II and then fighting in the British Army where he was decorated. After the war he worked in publishing, building up Pergamon Press to a major publishing house. After six years as an MP during the 1960s, he again put all his energy into business, successively buying the British Printing Corporation, Mirror Group Newspapers and Macmillan, Inc, among other publishing companies.Maxwell had a flamboyant lifestyle, living in Headington Hill Hall in Oxford from which he often flew in his helicopter, and sailing in his luxury yacht, the Lady Ghislaine. He was notably litigious and often embroiled in controversy, including about his support for Israel at the time of its 1948 Palestine war. In 1989, he had to sell successful businesses including Pergamon Press to cover some of his debts. In 1991, his body was discovered floating in the Atlantic Ocean having fallen overboard from his yacht. He was buried in Israel.Maxwell's death triggered the collapse of his publishing empire as banks called in loans. His sons briefly struggled to keep the business together, but failed as the news emerged that Maxwell had stolen hundreds of millions of pounds from his own companies' pension funds. The Maxwell companies applied for bankruptcy protection in 1992.