Duncan Dunbar (junior)

Summary

Duncan Dunbar (1803–1862) was a Scottish businessman and London-based shipowner who established what was described as the largest shipping line in Great Britain.[1] He was also the first chairman and founder of the London Chartered Bank of Australia.[2]

Duncan Dunbar II
Born(1803-09-09)9 September 1803
Died6 March 1862(1862-03-06) (aged 58)
NationalityKingdom of Great Britain
Occupationshipowner

Early life edit

Duncan was born on 8 September 1803 at 7 Fore Street, Limehouse, Middlesex. His father Duncan Dunbar Sr. had moved to London in the 1790s and founded a successful business as a brewer and wine merchant.[1] He settled in Limehouse, London in the 1790s, establishing his alcohol business at Dunbar Wharf.[1] Duncan Jr. was 22 when his father died in 1825 and inherited the business with his brother John.[1]

Business edit

Duncan Jr. possessed the largest sailing fleet in the world in the mid-19th century. Most of his fleets were built in his own shipyard in Moulmein, Burma.[3] He also founded the London Chartered Bank of Australia in 1852.[4] He died at his home at Porchester Terrace, Paddington on 6 March 1862. Duncan left £1,500,000 in his will.[1] All 39 of his ships were sold within two years of his death.[1]

References edit

  1. ^ a b c d e f Dunbar-Nasmith, David. "On Duncan Dunbar I and II". Archived from the original on 12 July 2012. Retrieved 30 October 2016.
  2. ^ "Sydney Architecture Images- Demolished- London Chartered Bank". sydneyarchitecture.com. Retrieved 30 August 2019.
  3. ^ "Lincelles 1862 |". sappers-minerswa.com. Retrieved 30 August 2019.
  4. ^ "FORMER LONDON CHARTERED BANK". Victorian Heritage Council. Retrieved 31 August 2019.